Oil

The administrator running the BP oil spill settlement says more than $5 billion has been paid to people and businesses [...]

The narrowing gap between Brent crude oil prices and palm oil will benefit Indonesia’s subsidy for biodiesel. According to [...]

The oil rig count in the US is at its lowest since 2010, and this could be due to a decline in crude prices which causes the [...]

One boutique investment bank is feeling the pinch from declining oil prices. According to sources, MLV & Co. plans to [...]

Bank lenders are now stricter when it comes to lending money to energy companies. In recent months, [...]

HOUSTON – 11, 000 more workers of oil field services firm Schlumberger will be chopped as the company deals with low oil [...]

KUALA LUMPUR – Malaysia’s move to scrap its crude palm oil export tax in May will likely prompt India and China, the [...]

SINGAPORE – Oil prices fell following OPEC’s announcement that its output surged in March. The Organization of the [...]

Two energy units owned by billionaire Carlos Sim will be merged, Shareholders of the subsidiaries voted in February to merge [...]

U.S. stocks closed higher on Wednesday as oil hit highs for the year and investors continued to digest financial earnings [...]