RIYADH: Rebuilding global oil inventories while meeting demand could take up to two years once the Strait of Hormuz fully…
DUBAI: Iran’s Oil Minister Mohsen Paknejad has resigned and Hamid Bovard, chief executive of the government-owned National Iranian Oil Company,…
DUBAI: Iran’s Oil Minister Mohsen Paknejad has resigned for personal reasons, and Hamid Bovard, chief executive of the government-owned National…
Experts say US military assistance, using shuttle tankers and pipelines bypassing the Strait of Hormuz mean exports have rebounded. Source…
BENGALURU: Oil prices rose for a second successive session on Tuesday as lingering concern over Middle East supply disruption brought…
TRIPOLI: Attacks targeting Libya’s energy infrastructure, or any actions that could undermine it, may constitute grounds for sanctions under relevant…
SINGAPORE: Oil prices retreated on Thursday after climbing 4 percent in the previous session as Iran said it remained open…
TRIPOLI: Libya’s National Oil Corporation said Tuesday protesting guards had closed the gates of a major oil refinery, one day…
SINGAPORE/NEW DELHI: Saudi Arabia has restarted operations at its East-West Pipeline and could resume exports from the Red Sea port…
TRIPOLI: An unnamed armed group shut a valve on a pipeline from a major Libyan oil field, causing a drop…