Tag: Oil

Oil prices fell on Monday as fears of a recession in the United States, the world’s top oil consumer, offset ...

Oil prices jumped 1.5% in the first session of the New Year, due to potential supply disruptions in the Middle ...

Oil prices steadied on Thursday after falling sharply in the previous session, as concerns eased about shipping disruptions along the ...

One of the world’s biggest exporters of fossil fuels, the United Arab Emirates, is attempting to position itself as a ...

Oil prices slipped in early Asian trade on Monday as global macroeconomic headwinds and possible further interest rate hikes from ...

Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to prop up ...

Power & Energy Minister Kanchana Wijesekera says the three Cabinet-approved foreign oil companies are expected to commence their fuel distribution ...

Sri Lankans could receive a welcoming surprise at the pump in a matter of days or weeks as the global ...

Saudi oil giant Aramco has announced a record profit of $161.1bn (£134bn) for 2022, helped by soaring energy prices and ...

Sri Lanka is preparing to issue two-year oil and gas exploration licenses for as many as 900 offshore blocks for ...