Asia’s weakening economies, record supply threaten to create oil glut

Oil traders’ worries over record supplies arriving in Asia just as the outlook for its key growth economies weakens have […]

Russia clashes with Western oil buyers over new deals as sanctions loom

Russian energy majors are putting pressure on Western oil buyers to use euros instead of dollars for payments and introducing […]

Iran oil exports to plummet in November, then rebound as buyers use waivers

Iran’s oil exports have fallen sharply since U.S. President Donald Trump said at mid-year he would re-impose sanctions on Tehran, […]

Oil falls again as U.S. allows Iran sanctions waivers

Oil prices slipped further on Friday, heading for a weekly loss of more than 6 percent, after a report that […]

Oil falls as Saudi Arabia says it will play ‘responsible role’

Oil prices fell on Tuesday after Saudi Arabia said it would play a “responsible role” in energy markets, although sentiment […]

Oil Prices Remain Near Multi-year Highs On Looming Sanctions Against Iran

On Friday morning, oil prices stayed near multi-year highs in Asia as looming U.S. sanctions against major crude exporter Iran […]