Venezuela has repeatedly called for OPEC members to meet as slumping oil prices sap government revenue
PV Oil expects a continued downturn this year due to oil shock
Economists are still hotly debating whether the oil crash has been a net positive for advanced economies.
Coast Guard said oil smuggling has been rife in Vietnam’s southwestern waters since 2015.
The group plans to cut output to 16.03 million tons of oil this year, compared to 18.74 million...
Earnings from crude exports dropped by nearly 57 percent
The state budget is now heavily depending on tax collections at...
More affluent, health-conscious Chinese shoppers want safe Australian goods, a trend stoked by tainted China food supply scandals.
Regional crude premiums have started to recover in recent months, a trader said.
Strategic investor must guarantee long-term crude supply; Russian, Thai, Kuwaiti energy firms express interest
Petrovietnam Gas Joint Stock Corp, the country's second-largest listed firm by market value, rose as much as 2...
The construction has been delayed several times since it was first announced in 2013
Retail prices went up between 5 and 7 percent on Friday
As long as oil prices stay below the estimated break-even level of $50 a barrel, the zombie group is set...
The mega project was first announced in 2013 and has seen quite a few hiccups since
Global crude prices saw a drop of 33.4 percent in prices