Baker Hughes General Electric (BHGE), the world’s second-largest services company, has purchased a 5% interest in the Abu Dhabi...

Two Indian companies have placed purchase orders for Iranian oil in November, oil minister Dharmendra Pradhan said on October...

A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience....

Oil prices could reach $90 a barrel by Christmas and rise further to $100 a barrel before the new...

The number of oil traders betting on $100-per-barrel WTI by 2019 has surged in the past week, Reuters reported....

Emirates National Oil Company (ENOC) group has signed a memorandum of understanding (MoU) with Maltese company Enemed to strengthen...

The Kuwait Oil Company reported a slight gas leak in West Kuwait on October 2, which it says is...

A fire at a petrochemical plant owned by the Saudi National Petrochemical Industrial Company (NATPET) in the Yanbu province...

The Syrian Petroleum Company lost around 252 million barrels of oil in the first half of 2018 due to...

Iran will soon offer 1 million barrels of oil destined for export on the stock exchange, head of the...