Since November oil prices continue to rise

Oil prices went up sharply this year, abandoning previous losses as US government data revealed a 10-million-barrel barrel weekly decline […]

Alibaba signs agreement with Belgium for e-commerce trade hub

Alibaba Group Holding Ltd said on Wednesday it has signed an agreement with the Belgium government to launch an e-commerce […]

OPEC works on deal to cut output, still needs Russia on board

OPEC and its allies are working towards a deal to reduce oil output by at least 1.3 million barrels per […]

Oil prices claw back some losses after ‘Black Friday’ plunge

Oil prices on Monday clawed back some losses from a nearly 8-percent plunge the previous session, but Brent failed to […]

Oil dips as U.S. crude stockpiles swell; possible OPEC cuts prevent bigger slide

Oil prices slipped on Thursday after U.S. crude inventories swelled to their highest level since December 2017 amid concerns of […]

Oil claws back some losses after 6-pct plunge, but outlook still weak

Oil bounced by more than 1 percent on Wednesday to claw back some of the previous day’s 6-percent plunge, lifted […]

IEA’s Birol appeals for ‘common sense’ as oil producers weigh supply cut

Oil supply cuts by key producers could have negative implications for markets, the head of the International Energy Agency said […]

Russian Energy Minister Novak says plans to sign OPEC partnership deal

Russian Energy Minister Alexander Novak said on Monday that the country was planning to sign a partnership agreement with the […]