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The oil industry was once Indonesia’s growth engine, but conditions quickly went downhill star...
OPEC fears its record oil cuts will fail to rebalance the market and solve the worst glut in history...
While general euphoria around the world’s emergence from COVID-19 and demand recovery are fact...
US crude inventories rose to 518.6 million barrels in the week to April 17, near an all-time record ...
In the face of the pandemic, governments must act and plan to ensure sufficient energy sources ...
US benchmark West Texas Intermediate for June delivery was up almost 10 percent at US$12.68 a barrel...
West Texas Intermediate (WTI), the US benchmark, fell more than 19 percent to $14.73 a barrel in ear...
Global oil traders have shrugged off Sunday's historic output-cutting deal by OPEC and its allie...
Top global oil producers are considering slashing output by 20 million barrels a day under the terms...
The greenback drifted higher against its Australian and New Zealand counterparts, which are seen as ...