Energy firms dive with oil in Asia; major markets fall into negative territory
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Energy firms dive with oil in Asia; major markets fall into negative territory

Asian energy firms took another battering yesterday after oil prices suffered their worst day in…

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Chevron, ExxonMobil are said to mull bids for Endeavor Energy
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Chevron, ExxonMobil are said to mull bids for Endeavor Energy

The Chevron Corp logo is seen on Chevron Plaza in Calgary, Canada. Chevron and ExxonMobil…

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Saudi stocks hit more than two-week low as weak oil prices weigh on markets
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Saudi stocks hit more than two-week low as weak oil prices weigh on markets

An investor walks at the Saudi Stock Exchange (Tadawul) in Riyadh. Saudi Arabia’s index shed…

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Fed plans to reduce stress of Wall Street banks’ tests
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Fed plans to reduce stress of Wall Street banks’ tests

Wall Street banks will have to wait a bit longer for regulators appointed by President…

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Oil in bear market as supply rises, demand outlook weakens
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Oil in bear market as supply rises, demand outlook weakens

Oil stabilized on Friday after spending most of the week sliding, but markets remained weak…

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Iraq gets US sanctions break to keep the lights on
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Iraq gets US sanctions break to keep the lights on

Iraq has won an exemption allowing it to buy Iranian electricity despite US sanctions, as…

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US-based LNG firm Excelerate Energy opens office in Doha
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US-based LNG firm Excelerate Energy opens office in Doha

Al-Sulaiti, Kobos and Grant jointly cut the ribbon, marking the opening of US-based Excelerate Energy’s…

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‘Oil could touch $100 if supply crunch worsens’
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‘Oil could touch $100 if supply crunch worsens’

Morse: Iran is likely to continue sales of about 1mn barrels of oil a day.…

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Hope fades in Iran as crippling US sanctions kick in
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Hope fades in Iran as crippling US sanctions kick in

In sanctions-weary Iran, hope has become a rare commodity. The US offensive to cripple the…

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US grants oil waivers to China, India, 6 others
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US grants oil waivers to China, India, 6 others

The US snapped sanctions back in place yesterday to choke off Iran’s oil and shipping…

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