Local fuel prices expected to drop sharply as global oil prices plunge
Sri Lankans could receive a welcoming surprise at the pump in a matter of days or weeks as the global ...
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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 ...
Oil edged lower on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to ...
Russia announced on Tuesday (Dec 27) it would ban oil sales to countries that abide by a price cap imposed ...
The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to ...
Oil futures fell more than $2 a barrel on Monday, with WTI hitting an 11-month low, as protests in top ...
No fuel is more essential to the global economy than diesel. It powers trucks, buses, ships and trains. It drives ...
With just two weeks to go until European Union sanctions come into force, Russia has already lost more than 90% ...
Oil prices were stable on Tuesday as the market balanced cuts to OPEC+ production quotas against fears of economic slowdown and lower Chinese ...
