Browsing: Oil

An explosion has forced Venezuela’s second-largest oil refinery to suspend operations after a fire broke out at the Cardon facility…

The US sharemarket has reached another record despite a sharp rise in bond yields, higher fuel prices and continuing uncertainty…

Oil prices stood at $101.43 (£?) a barrel at 7.30am Eastern time, down $4.38 from the previous morning but still…

Middle East oil flows have reached 80% of their pre-war levels, the chief executive of Shell has said. The assessment…

Middle Eastern oil exports have risen above pre-war levels despite Iran’s attempts to restrict traffic through the Strait of Hormuz,…

Middle East oil exports rose above pre-war levels on four of the seven days to the end of September, despite…

Persian Gulf oil exports have recovered to almost pre-war levels under US military protection, weakening Iran’s leverage over the Strait…

Iran’s Oil Minister Mohsen Paknejad has resigned for personal reasons, with Hamid Bovard, the chief executive of the state-owned National…

Iran has warned that the Strait of Hormuz will not reopen until the United States meets seven conditions agreed in…

The Iranian rial has fallen to a fresh record low of more than 2.5 million to the US dollar, as…