The supply of refined products at Fujairah, an oil terminal in the UAE, fell to 16.8 million barrels, a...

Oil exports from the Kurdish Regional Government (KRG) rose to 300,000 barrels per day (b/d) on Tuesday, Reuters reports....

The Russian Energy Minister, Alexander Novak, said it was too early to make a decision on extending production cuts...

Even as OPEC appears to be on course to re-extend its production-cut agreement with other oil producers, the group...

The Kuwaiti Al Arfaj Group signed a memorandum of understanding to build a 600,000 barrel per day (b/d) oil...

Oil investments are rising again due to the reduction in global oil stocks and an improving global economy, the...

Despite positive signs in the oil market, Saudi Arabia remains committed to further drawing down global oil stocks, the...

The plans for the initial public offering (IPO) of Saudi Aramco are not linked to market developments, the company’s...

Russian and Saudi ministers will meet early next month to discuss global oil markets and the future of the...

Russia maintained its position as the top crude oil exporter to China for the seventh month in a row,...