KUALA LUMPUR: Malaysia has maintained its October export tax for crude palm oil at 8% and lowered its reference price, a circular on the Malaysian...

Oil prices fell on Friday as US Gulf of Mexico crude production resumed following Hurricane Francine and rising data showed a weekly rise in US rig...

Oil prices fell on Friday as US Gulf of Mexico crude production resumed following Hurricane Francine and rising data showed a weekly rise in US rig...

The United States is producing more oil and natural gas today than ever before, and far more than any other country. So, what roles did the...

Shelf Drilling has secured a $60 million contract for 10 new oil wells in Nigeria, boosting the Niger Delta’s output.

Oil prices rose over 2% on Thursday as producers assessed the impact on output in the US Gulf of Mexico after Hurricane Francine tore through...

NEW YORK, Sept. 17 (Xinhua) -- Oil prices advanced on Tuesday. Read full story

A global fall in crude prices could jeopardize the Caribbean nation’s foreign currency revenues and trigger a rise in inflation. By Ricardo Vaz...

A global fall in crude prices could jeopardize the Caribbean nation’s foreign currency revenues and trigger a rise in inflation. By Ricardo Vaz...

Oil climbed more than 1% on Wednesday, paring some of the previous day’s losses, as a drop in U.S. crude inventories and concern about Hurricane...