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

Chevron Corp and Exxon Mobil Corp are among the companies considering first-round bids this month…

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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

Saudi stocks slumped to their weakest level in more than two weeks yesterday, hurt by…

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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

US-based LNG company Excelerate Energy L.P. marked the opening of its new office in Doha…

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

Oil prices are likely to be “biased to the upside” for the rest of the…

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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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Oil tanks while US midterm theatre reaches financial markets
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Oil tanks while US midterm theatre reaches financial markets

Global stock markets bounced and the dollar weakened following comments from President Trump that trade…

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