OPEC expects slower 2025 oil supply growth from rivals after price drop LONDON: OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers... Published 14 minutes ago
World Aramco to sign MoUs with NextDecade, Sempra for 6.2 million tons of LNG RIYADH: Saudi Aramco will sign on Tuesday memoranda of understanding with U.S. liquefied natural gas producer... Published about 22 hours ago
Business & Finance India approves more Russian insurers to provide marine cover NEW DELHI: India has approved three Russian insurers, including a unit of top lender Sberbank, to provide marine... Published a day ago
World Hungary accuses EU of blackmail over blocked oil supplies BUDAPEST: Hungary’s foreign minister on Tuesday accused the European Commission of blackmail in a dispute over... Published 31 Jul, 2024 06:40am
Markets Oil prices up as war rages in ME NEW YORK: Oil prices climbed about 2% on Wednesday on worries the conflict in the Middle East could disrupt oil... Published 02 Nov, 2023 03:15am
Markets BD seeks extended oil credit from Saudi Arabia DHAKA: Cash-strapped Bangladesh asked Saudi Arabia for extended credit on oil supplies, Dhaka’s foreign ministry... Published 06 Feb, 2023 06:38am
Markets HSFO margins decline SINGAPORE: Asia’s refining margins for 180-cst high sulphur fuel oil edged down on Thursday, as inventories at the... Published 07 Oct, 2022 05:59am
Opinion Chinese defence firm has taken over lifting Venezuelan oil for debt offset China has entrusted a defence-focused state firm to ship millions of barrels of Venezuelan oil despite US sanctions,... Published 27 Aug, 2022 05:49am
Markets Biden looking to address oil refinery capacity, White House adviser says WASHINGTON: U.S. President Joe Biden is looking at ways to bring in more oil supplies amid rising energy costs,... Published 10 Jun, 2022 08:39pm