Oil

Oil rose to near US$62 a barrel on Monday, supported by concerns over the escalating conflict with Islamic State militants [...]

The oil and gas (O&G) sector is projected to account for 22% of Government revenue this year. This is due to the [...]

Apache Corp, one of the top U.S. shale oil producers, said on Thursday it would slash capital expenditures and its rig count [...]

CONNECTICUT – Oil prices fell as much as 3% after US stockpiles hit record highs, and analysts and traders said the [...]

KUALA LUMPUR – Malaysia’s ringgit fell the most among Asian currencies as oil resumed a decline following a [...]

Baghdad – Iraq and Iran joined Saudi Arabia in cutting their March crude prices for Asia to the lowest level in more [...]

NEW YORK – KKR & Co. is reportedly seeking as much as US$3 billion to provide financing to troubled companies [...]

RIYADH – Saudi Arabia has cut its March oil prices to Asia by 90 cents – the largest discount in at least 14 [...]

HOUSTON, TX – Renewable energy, rationalisation of fuel subsidies and changing economic policies are set to impact [...]