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Oil Business

Oil Business

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, US April 21, 2020. Photo:Reuters

Oil slips again as new coronavirus strain proves 'nightmare before Christmas'

US West Texas Intermediate (WTI) crude futures dropped 30 cents. while Brent crude futures fell 26 cents

A petrol station of French oil giant Total is pictured in Latresne near Bordeaux, France, November 19, 2018. REUTERS/Regis Duvignau/File Photo

The new black gold? Big Oil bets on retail networks in an electric era

The Wilmington ARCO refinery in Los Angeles, California on Dec. 19, 2003. DAVID MCNEW/GETTY IMAGES

Oil prices drop on US stock build, delay in OPEC+ meeting

Photo: Reuters

Oil falls as OPEC+ talks delays raise supply concerns

OPEC+ yet to find compromise on oil policy for 2021

The Wilmington ARCO refinery in Los Angeles, California on Dec. 19, 2003. DAVID MCNEW/GETTY IMAGES

Oil rally boosted by surprise fall in US stocks

A PetroChina worker inspects a pump jack at an oil field in Tacheng, Xinjiang Uighur Autonomous Region, China June 27, 2018.

European lockdowns weigh on global fuel recovery

Picture: Reuters

Oil falls as Covid-19 cases soar, Libya output jumps

The Wilmington ARCO refinery in Los Angeles, California on Dec. 19, 2003. DAVID MCNEW/GETTY IMAGES

Oil falls 3% on fuel demand concerns as Europe widens Covid-19 lockdowns

The Wilmington ARCO refinery in Los Angeles, California on Dec. 19, 2003. DAVID MCNEW/GETTY IMAGES

The end of oil supremacy

Once an American foe, now a friend: OPEC turns 60

Representational image. Photo: Collected

Oil prices edge up on stimulus support despite ample supplies

Fire rises from oil wells in the oil-producing region of Qayyara, Iraq on August 29, 2016. Photo: Reuters

A world at war over oil