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oil

Saudi Aramco says domestic supplies unaffected by attack on Jeddah plant
World 1 week ago

Saudi Aramco says domestic supplies unaffected by attack on Jeddah plant

The Iran-aligned Houthi forces said on Monday they had fired a missile at and struck Aramco's No...
Switch to electric vehicles could 'end oil era': Analysis
Business 1 week ago

Switch to electric vehicles could 'end oil era': Analysis

An analysis of EV cost trends by industry watchdog Carbon Tracker found that a switch to EVs could s...
Vaccine progress injects optimism into global stocks
Business 3 weeks ago

Vaccine progress injects optimism into global stocks

Global stocks and oil jumped and Treasuries sold off on Monday as progress in the development of a c...
Oil hits five-month lows, Asian shares extend losses on renewed virus fears
Business 1 month ago

Oil hits five-month lows, Asian shares extend losses on renewed virus fears

Risk appetite has taken a hit in the past week on the back of rising coronavirus cases and lockdowns...
Shell plans to cut up to 9,000 jobs in transition plan
Business 2 months ago

Shell plans to cut up to 9,000 jobs in transition plan

Royal Dutch Shell announced on Wednesday plans to cut up to 9,000 jobs, or over 10 percent of i...
Coronavirus weighs on global oil demand: IEA
Business 3 months ago

Coronavirus weighs on global oil demand: IEA

The global coronavirus pandemic is weighing heavily on worldwide demand for oil as the aviation and ...
Coagulated oil on Pari Island may have come from passing ships, environment agency says
National 3 months ago

Coagulated oil on Pari Island may have come from passing ships, environment agency says

Coagulated oil found on the beaches of Pari Island may have originated from ships sailing through Th...
Stocks, oil slip but Chinese stocks rally a sixth day
Business 4 months ago

Stocks, oil slip but Chinese stocks rally a sixth day

Investor caution over renewed coronavirus-related lockdowns buoyed the dollar and snapped a five-day...
Oil set for second weekly gain with market starting to rebalance
Business 6 months ago

Oil set for second weekly gain with market starting to rebalance

Oil headed for its first back-to-back weekly gain since February as output cuts from the biggest pro...
Oil rises for a fifth day with output cuts easing glut concern
Business 6 months ago

Oil rises for a fifth day with output cuts easing glut concern

Oil was headed for the longest run of daily gains in more than nine months on signs the worst of the...
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