Russian and Chinese companies are among those still doing significant business in the South American OPEC nation.
07 Aug 2019 3:38 PM
Tensions spiked between Iran and the West after Iranian commandos seized a British-flagged oil tanker in the Gulf.
30 Jul 2019 11:05 AM
Brent crude futures for September fell 21 cents to USD 66.51 a barrel.
15 Jul 2019 10:59 AM
Going forward OPEC expects global demand for its crude oil to decline next year as their rivals continue to pump more crude oil.
15 Jul 2019 8:03 AM
Oil companies in the Gulf of Mexico had cut more than 1 million barrels per day (bpd) of output.
12 Jul 2019 10:01 AM
Oil prices are being pressured by ongoing worries about demand as the US-China trade war.
09 Jul 2019 9:49 AM
OPEC+ members agreed to curb oil output by 1.2 million barrels per day from January 1.
28 Jun 2019 11:17 AM
Oil prices have been squeezing higher on escalating tensions in the Middle East.
26 Jun 2019 10:41 AM
India bought about 184,000 barrels per day (bpd) oil from the United States over November 2018 to May 2019.
25 Jun 2019 12:10 PM
West Texas Intermediate crude was up 70 cents, or 1.2 per cent, at USD 58.13 a barrel.
24 Jun 2019 2:21 PM
Global oil prices rose sharply on fears of a US military attack on Iran that would disrupt flows from the Middle East
22 Jun 2019 1:39 PM
US West Texas Intermediate crude gained 44 cents, or 0.8 per cent, to USD 54.34 a barrel.
19 Jun 2019 8:46 AM
Thursday’s tanker attacks in the Gulf of Oman exacerbated the antagonistic fallout from similar blasts in May that crippled four vessels.
17 Jun 2019 8:19 AM
OPEC was close to agreeing to extend a pact on cutting oil supplies beyond June.
15 Jun 2019 2:01 PM
US West Texas Intermediate (WTI) crude was down by 32 cents, or 0.6 per cent, at USD 53.16 a barrel.
05 Jun 2019 9:04 AM
WTI crude futures were at USD 58.70 per barrel, down 44 cents, or 0.7 per cent, from their last settlement.
29 May 2019 8:28 AM
US West Texas Intermediate (WTI) crude futures were at USD 58.54 per barrel, 9 cents below their last settlement.
27 May 2019 9:54 AM
US West Texas Intermediate WTI crude futures were up 26 cents, or 0.4 per cent, at USD 63.36 per barrel.
21 May 2019 11:24 AM
US West Texas Intermediate crude was 82 cents, 1.3 per cent, higher at USD 63.58 a barrel.
20 May 2019 10:33 AM
India had bought about 300,000 barrels per day (bpd) of Iranian oil under the six-month US sanctions waiver.
19 May 2019 9:56 AM