Asian shares edge higher, with oil prices extending losses
Asian shares reversed early losses to edge higher on Monday, following positive weekend news regarding U.S.-North…
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Output
Oil slips 2% towards $2 a barrel as Saudi Arabia, Russia consider output boost
Oil prices dropped more than 2 percent towards $77 a barrel on Friday as Saudi Arabia and Russia said they were…
Oil falls on expectations OPEC could boost output
Oil prices dipped on Thursday on expectations that OPEC members will step up production in the face of worries over…
Oil prices fall on signs of ample supply despite OPEC cuts, Iran sanctions
Oil prices drop on Wednesday, weighed down by ample supplies despite ongoing output cuts by producer cartel OPEC…
OPEC raises oil supply forecast on surging US output, warns about global economic growth
OPEC forecast Monday that U.S. drillers will account for most of the growth in oil production this year but warned…
Oil prices drop away from multi-year highs on surge in US drilling activity
Oil prices fell Monday away from last week’s multi-year highs as a relentless rise in U.S. drilling activity…
Oil prices reach highest since November 2014 on Venezuela, Iran worries
oil rose above $70 a barrel Monday for the first time since November 2014, while Brent crude prices climbed to…
Oil steady as US drilling tempers bullish sentiment
Oil prices were steady on Monday as a rising U.S. rig count pointed to further increases in American output,…
BP to increase Egypt’s natural gas output to 1.3 bcf/day
BP Egypt is targeting to increase natural gas production from the West Delta project to 1.3 billion cubic feet per…
Eni’s IEOC to raise Egypt’s Zohr gas field output to 1.2 bcf/day in May
Italian-Egyptian Oil Company (IEOC), Eni’s subsidiary, says it hopes to increase the production from Egypt's…
