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Oil prices surged more than three percent in early ... West Texas Intermediate: UP 1.4 percent at $83.85 per barrel Brent North Sea Crude: UP 1.1 percent at $88.10 per barrel ...

The US has reinstated oil sanctions on Venezuela and has given ... our updated view was that production could have increased steadily to 1.1 million bpd by the end of next year,” said Rystad ...

The oil market continues to be supported by ongoing tensions in the Middle East. The lack of price action following recent escalation has been surprising but suggests there already is a large risk ...

OIL prices slipped more than US$1 on Wednesday as US commercial inventories rose, while weaker economic data from China and dimmed prospects of interest rate cuts stoked worries about global demand.

Petrobras, in a consortium with CNOOC, CNODC, and PPSA, has marked a new milestone with the Búzios field, which has reached 1 billion barrels of oil (bbl) produced since the start of operations in ...

Besides crude oil, India spent $23.4 billion on import of 48.1 million tonnes of petroleum products like LPG. It also exported 62.2 million tonnes of products for $47.4 billion. Other than oil, India ...

The agreement takes place a week after Enauta proposed a combination with 3R Petroleum, trumping talks between the later and another Brazilian oil junior, PetroReconcavo, for a potential ...

Brent futures for June settled down $2.73, or 3%, at $87.29 a barrel, while U.S. crude futures for May settled down $2.67 or 3.1% at $82.69 a barrel, their biggest fall since March 20. Oil prices ...

The analysts however remain cautious on certain pockets amidst rising rising hostilities between Iran and Israel adding to concerns on crude oil prices and Supplies Oil Marketing companies as ...

The California Department of Public Health (CDPH) announced that a Sacramento woman purchased a hemorrhoid ointment from Vietnam, called Cao Bôi Trĩ Cây Thầu Dầu (Castor Oil ...