Shell CEO says oil prices are headed higher for years, even after Middle East conflict ends
Shell CEO Wael Sawan told a Wall Street Journal conference that oil prices are headed higher over the long term,...
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Turkey and Iraq extend Kirkuk-Ceyhan oil pipeline deal by one year
Turkey and Iraq finalized a one-year extension of the Kirkuk-Ceyhan oil pipeline agreement, an export route that supports somewhere between...
Tanker Struck Near Oman as Iran Threatens to Choke Off More Shipping Routes
A tanker near Oman was hit by an unidentified projectile and a second vessel reported an explosion nearby, as Iran...
Europe’s heat waves and tanker reroutes lift odds of a new oil all-time high
Heat waves across Europe have cut output from nuclear, gas, coal, wind, and hydroelectric plants, pushing the region to lean...
Indian Oil swings to Rs 2,661 crore loss as crude price swings squeeze margins
Indian Oil Corporation swung to a quarterly loss as a sharp jump in crude prices squeezed refining and marketing margins....
