Average monthly crude oil prices dropped to below $65 per barrel in May 2025, one of the lowest since April 2021. Following an 8.1% increase in January 2025, WTI prices declined for three consecutive…
Turkey welcomed an agreement reached with its counterparts on Tuesday that allows the continuation of a new regulation requiring crude oil tankers to present an insurance confirmation letter before…
Saudi Aramco (2222.SE) said on Thursday it plans to invest in a $7 billion project to produce petrochemicals from crude oil at its South Korean affiliate S-Oil Corp's (010950.KS) refining complex in…
Oil rose on Friday supported by real and threatened cuts to supply, although crude was set for a second weekly decline as aggressive interest rate hikes and China's COVID-19 curbs weighed on the…
Oil prices were largely steady on Monday as a relatively tight global supply picture competed with fears of a recession and a rising dollar.
Brent crude futures for October settlement fell 34…
While all the effects of this conflict may take time to fully realise, short and medium-term signs expose the limits of US power and see America's rivals benefiting
Closing the Strait of Hormuz has shown how the Gulf should shift from an oil-export model to a digital and distribution hub. Will this trigger the long-delayed free trade agreement with China?
Building on the ten-day ceasefire announced by US President Donald Trump, time will tell if these talks are a one-off or the beginning of a different path for Lebanon.
Egyptian heritage researcher Haytham Abu Zayd sheds light on how the art form grew, excelled, and then declined over the years and ends by offering a path to revival