crude oil

Oil prices jumped over 1 percent on Monday after long-time bear Goldman Sachs said the market had ended almost two…

Oil prices rose on Friday towards US$45 a barrel, heading for a third straight week of gains as market sentiment…

Former Petroleum Minister Osama Kamal has praised plans to build a two-way oil pipeline linking Egypt to Iraq via Jordan,…

A legal battle between a team of former Wall Street oil traders and behemoth producer BP plc over a remote…

OPEC is very unlikely to cut output at its next meeting in June, even if prices remain extremely low, according…

As Venezuela grows closer to exhausting nearly every means of paying its debt, some oil market participants are seriously pondering…

Brent and US crude futures edged lower on Monday as the dollar regained ground and as weak Chinese trade data…

Chairman of the Energy Committee of the Federation of Egyptian Industries Tamer Abu Bakr said the international oil companies will…

Brent crude rose more than a dollar to above $87 a barrel on Friday, bouncing from near four-year lows as…

Nasser al-Madaf, managing director for global marketing at Kuwait Petroleum Corporation (KPC), announced on Tuesday that an agreement has been…