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…
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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…
Oil inches lower on expectations for US crude stock build
Oil prices slipped on Wednesday on expectations for a build-up in U.S. crude inventories, but Russian government…
Oil inches up, but rising Russian output still weighs
Oil prices inched up on Tuesday as rising Russian output and expectations of a reduction in Saudi Arabian crude…
Oil firm on surprise US crude inventory draw, OPEC-led cuts
Oil prices were firm on Thursday, buoyed by a surprise decline in U.S. crude inventories as well as ongoing supply…
Oil prices rise on Middle East tensions, healthy demand
Oil prices rose on Wednesday, supported by tensions in the Middle East and healthy global demand , although rising…
Oil prices rise on Middle East tension, but soaring US output caps gains
Oil prices edged up on Tuesday, lifted by tensions in the Middle East, although rising output in the United States…
Oil prices fall as increased US drilling activity points to higher output
Oil prices fell on Monday as rising drilling activity in the United States pointed to further increases in output,…