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          Oil price

          Brent and WTI prices are down 1.5 per cent this week and are heading for their second weekly drop. PA

          Oil prices down for a second week ahead of Opec+ output decision

          EnergyMay 30, 2025
          US President Donald Trump hinted about a possible nuclear deal with Iran during a business roundtable in Doha, Qatar. AP Photo

          Oil prices fall more than 3% on Iran nuclear deal prospects

          BusinessMay 15, 2025
          US President Donald Trump, centre, announces a trade agreement between the US and the UK in the Oval Office. EPA

          Oil posts weekly gains on trade talks optimism

          EnergyMay 09, 2025
          Pump jacks at sunset in Midland, Texas. Oil prices have taken a hammering in recent weeks as the tariff war clouds crude demand outlook. Reuters

          Oil prices slump on Opec+ decision to accelerate production

          EnergyMay 05, 2025
          Opec's output decision, together with US trade tariffs, helped to drive oil prices below $60 a barrel to a four-year low in April. Reuters

          Opec+ announces June output increase of 411,000 barrels a day

          EnergyMay 03, 2025
          Iranian and US officials during the second round of indirect talk in Rome, Italy on April 19, 2025. Positive talks between the US and Iran over Tehran’s nuclear programme are impacting oil prices. EPA

          Oil prices record weekly loss on oversupply concerns

          EnergyApril 25, 2025
          A worker walks past infrastructure on D Island, the main processing hub, at the Kashagan offshore oil field in the Caspian sea in western Kazakhstan August 21, 2013. After costing nearly $50 billion, mostly paid by some of the world's top oil companies, Kashagan may now be delayed until 2015, jeopardising a forecast budget boost for Kazakhstan of $28 billion - about a third - between 2014 and 2016. Picture taken August 21, 2013. To match Insight KAZAKHSTAN-KASHAGAN/INSIGHT REUTERS/Stringer (KAZAKHSTAN - Tags: ENERGY BUSINESS ENVIRONMENT)

          Why are oil prices so volatile and where are they heading?

          EnergyApril 24, 2025
          The penguin inhabitants of Heard Island and McDonald Islands in the southern Indian Ocean may be unaware of the US's series of trade levies imposed upon by President Donald Trump, but the swing to protectionism is alarming many countries. Image: UK Antarctic Heritage Trust

          How Opec is seizing an opportunity from the global trade war

          EnergyApril 07, 2025
          Khor Mor gas processing plant in the Kurdistan region of Iraq. Photo: Crescent Petroleum

          Iraq's Khor Mor gasfield reaches production milestone

          EnergyApril 04, 2025
          Oil tanker trucks outside an oil refinery in Mumbai. Indian refiners have rushed back to the market to seek crude supply. Bloomberg

          Oil prices fall to lowest level since 2021

          EnergyApril 04, 2025
          Attendees at the Cop29 climate change conference in Baku, Azerbaijan, walk past an installation depicting a barrel of oil with the Opec logo. Reuters

          Oil prices slump as Opec+ announces surprise output increase

          EnergyApril 03, 2025
          The docks of the Venezuelan state oil company PDVSA subsidiary VOPAK Venezuela are seen on the Waikiki beach, in Puerto Cabello, Venezuela. From April 2, the US will levy a 25 per cent tariff on all goods from any country that imports Venezuelan oil. Reuters

          Oil posts third straight weekly gain amid US tariffs and curbs on Iran supply

          EnergyMarch 28, 2025
          Syria's oil and gas production in 2011 was about 500,000 barrels of oil equivalent per day (boed), which plummeted to about 50,000 boed under government control last year. Getty Images

          Western sanctions relief will not bring big oil firms back to Syria immediately

          EnergyMarch 25, 2025
          Dalian Petrochemical refinery in Liaoning province. China is the world’s largest crude importer. Reuters

          Oil prices climb and gold hits record as Middle East tensions flare

          EnergyMarch 18, 2025
          US President Donald Trump's tariff policy has sparked volatility in oil markets worldwide. AP

          Oil posts worst weekly loss since October on US tariffs and supply glut

          EnergyMarch 07, 2025
          Containers at the port in Ensenada, Baja California state in Mexico. Trade tariffs imposed by the US on Mexico and Canada are expected to hit economic growth. AFP

          Oil extends losses on new US tariffs and Opec+ supply boost

          EnergyMarch 05, 2025
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