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Oil prices gain as market awaits signals on U.S – China trade talks

Oil prices rose on Tuesday, reversing early losses on hopes that U.S. President Donald Trump may signal progress on trade talks with China in...

Iran says oil field found with 53 billion barrels

Iran has discovered a new oil field containing 53 billion barrels of crude, President Hassan Rouhani said Sunday, a find that would increase Iran’s...

5 Key Things To Know About Saudi Arabia And Its Mammoth IPO

As the country opens up on the economic front, there have also been some social reforms including more freedoms for women, but progress has...

OPEC October oil output rises on swift Saudi recovery, says survey

OPEC oil output has bounced in October from an eight-year low as a rapid recovery in Saudi Arabian production from attacks on oil plants...

Russia decries US decision to secure oil fields in eastern Syria

Russia's Defence Ministry has criticised the United States' decision to send armoured vehicles and combat troops into eastern Syria to protect oil fields, calling it "banditry." US...

China-Russia natural gas pipeline carries significance

Completion of the China-Russia natural gas pipeline is a necessary push for China's energy consumption pattern. Despite the setbacks the project has encountered during...

Opal Oil and Gas conference opens

The third oil and gas conference organised by the Oman Society for Petroleum Services (Opal) in cooperation with Oman Expo and the accompanying exhibition...

Crude Oil Pegged Back on Signs U.S. Supplies Continue to Gain

Oil prices retreated in Asian trading following a report showing U.S. crude inventories likely rose for a sixth week, handing back some of Tuesday’s...