Oil settled down for a second straight session on Monday as Iran and six world powers tried to negotiate a deal on Tehran's nuclear program that could end Western sanctions and allow the OPEC member to ship more crud ...
Plunging oil prices have been an economic windfall for U.S. consumers, primarily through greater savings at the pump. In energy-reliant countries around the world like Angola, however, the effect has been far less be ...
Speculators were the least bullish on crude in two years before prices surged as Saudi Arabia and its allies bombed rebels in Yemen, threatening supply disruptions in the largest oil-producing region.
The drop in oil prices represents a crucial threat to the execution of many mega projects worldwide, Kuwait Petroleum Corporation CEO Nizar Al-Adsani said on Sunday.
EGYPT’S balance of payments deficit in the first half of fiscal year 2014-2015 increased to $1.9 billion, 150% higher than its level in the corresponding period the previous year
Genel Energy has priced an issue of $230 million in senior unsecured bonds due 14 May 2019 on the same commercial terms as the existing GENEL01 PRO $500 million bond
Blackstone Group LP’s Chairman Stephen Schwarzman is seeing “remarkable” opportunities in debt and equity that are emerging out of the slump in crude oil.