Justice and Construction Party refrains from taking sides in ongoing fight over strategic ‘oil crescent’
French farmers launch blockades of 14 refineries to protest imports of low cost palm oil for biofuel manufacturing
President Uhuru Kenyatta says Kenya's joining of oil exporting countries to strengthen economy
Latin America's top oil exporter, Venezuela, is deep in an economic and political crisis brought on plummeting oil prices and marked by violent anti-government protests.
The US president announced in a tweet that he would make an announcement at 1800 GMT on whether or not to tear up the agreement with Tehran and reimpose painful sanctions that could cut off crude supplies.
An explosion occurs after 2 oil tankers collide in northeastern Taraba state
Before the revolt Libya, with estimated oil reserves of 48 billion barrels, used to produce 1.6 million barrels per day (bpd).
The United States, Britain and France carried out attacks at the weekend on alleged chemical weapons facilities, in response to what they say was a toxic gas attack by the Russia-backed Assad regime a week before.
Growing oil and gas tanker traffic and outdated Montreux Convention risk Turkish Straits, Bosphorus Energy Club head says
Binali Yildirim speaks at a honorary doctorate ceremony during his 2-day visit to Mongolia
Bahrain previously said that it has discovered the largest oil and gas field in the history of the small kingdom, which unlike its Gulf neighbors is not energy-rich.
Crude prices rose around 6 percent this week
Prices post a daily gain of more than 3 percent, and reach their highest level since Feb. 2
Yemen Petroleum Co. cites life conditions, domestic migration in province for postponement of price rise on oil-derivatives
The papers, marked "not for publication" and for distribution only on a "need to know" basis, reflect Jakarta's wish list for a critical industry as the two sides hammer out new rules for a trading relationship worth $35 billion a year.
Saudi Aramco's crude output in March will be 100,000 barrels per day (bpd) below its February level while exports will be kept below seven million bpd, the energy ministry said.
Rigs number at highest since April 2015
Crude prices have biggest weekly decline since January 2016
"Trump is trying to destabilise market conditions for those who want to work in Iran," Bijan Namdar Zanganeh told a press conference.
The Sanchi, carrying 136,000 tonnes of light crude oil from Iran, went under on Sunday after a new and massive fire erupted, sending a cloud of black smoke as high as one kilometre above the East China Sea.
Gas prices also rising in US, forecast to hit highest levels since 2014