The world’s biggest oil producers could be about to slash output as they grapple with the fallout of the coronavirus.
Representatives of oil producers’ cartel Opec and its allies are …
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Institute of Petroleum (AIP), the national average retail diesel petrol price rose by 1.6 cents to 160.4 cents a litre over the week – the highest level in four years. …
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By Mark Shenk, 21 July 2015
Crude slumped below $US50 a barrel in New York for the first time in more than three months on speculation that Iranian shipments will …
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Something of a paradox is developing in the US onshore oil and gas sector. Even as the number of rigs drilling for shale oil and gas declines the actual volumes …
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One of the world’s largest oil producers is running out of gasoline.
Nigeria’s main cities are facing acute gasoline shortages as importers feel the pinch of a plummeting local currency, …
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