Libya is yet to resume oil exports one week after the Haftar clan blocked production in a bid to gain leverage over a battle to control the Central Bank. Six engineers have told Pan-Arab newspaper ...

Olive oil has long been touted for its ability to lower heart disease risk. So University of Florida researchers set out to dig deeper to learn how much olive oil is beneficial. During the Recipe ...

Crude oil prices moved little after the U.S. Energy Information Administration reported inventories of the commodity had declined in the week to August 23. Oil inventories shed 800,000 barrels in ...

Dispute over central bank leads to shutdowns Oil Crescent ports' exports halted About 700,000 bpd offline on Thursday Libya pumped 1.18 million bpd in July Consulting firm sees disruption lasting ...

0736 GMT – Oil prices edge lower on persistent concerns over China’s demand outlook and growing expectations that OPEC and its allies will gradually increase supply starting from October.

DAP veteran Lim Kit Siang told the George Town High Court today that it was defamatory to insinuate he and Communist Party of Malaya leader Chin Peng shared the same ideology. Kit Siang added that ...

The start of the third quarter usually offers a steer on the direction of crude oil prices for the year. The Northern Hemisphere's summer, U.S. driving season and calls on crude by refineries ...

By Stanley Reed Reporting from London On Thursday, a group of eight oil producers, led by Saudi Arabia, said they were delaying by two months a plan to begin gradually releasing more oil onto the ...

NEW YORK, Sept 13 (Reuters) - Oil prices fell on Friday as U.S. Gulf of Mexico crude production resumed following Hurricane Francine and rising data showed a weekly rise in U.S. rig count.

Libya suspended oil exports from five eastern ports, while the country’s output dipped further amid an escalating stalemate over who controls the central bank. The eastern-based government ...

Brent Crude Oil Technical Analysis The Brent market looks very much the same with $75.50 being your floor. The ceiling is somewhere near the $79 level, but also you have to keep in mind that Brent ...

The descent that saw prices for Brent crude drop below US$70 for the first time in three years was driven mainly by concerns about demand after the world’s top two oil consumers, China and the United ...