Kazakhstan's biggest oil field Tengiz, operated by U.S. major Chevron, has reduced oil output by 28% to 30% due to ongoing repairs, helping to further tighten global supplies. Repairs were expected to ...

Singapore's competition regulator cleared South Korean conglomerate Hanwha Group's S$790.6 million ($589.30 million) takeover ...

On Tuesday, the Organization of the Petroleum Exporting Countries cut its global oil demand growth forecast to 1.82 million bpd in 2024, down from 1.93 million bpd forecast last month, on weak demand ...

Traders worried about a glut of unsaleable oil sent the price of benchmark West Texas Intermediate (WTI) crude oil plummeting ...

THE scale of the Organisation of Petroleum Exporting Countries and its allies’ (Opec+) China problem is evident in yet ...

A vital pocket of the US crude market is flashing oversupply signals, suggesting an oil glut is coming sooner than some expected.

The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...

WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...

Audi on Thursday unveiled a new electric vehicle brand in China whose cars will sport just the name AUDI and not its signature four-ring logo, a move aimed at attracting younger customers in the world ...

Oil prices fluctuated as the optimism surrounding Donald Trump’s election victory clashed with bearish US market data. West ...

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Operating cash flow (OCF) for the third quarter of 2024 was USD 73 million in line with forecast. Full year 2024 OCF guidance is revised to USD 335 to 342 million (assuming Brent USD 70 to 80 per ...