Oil & Gas

Sri Lanka cuts energy prices ahead of polls

Sri Lanka slashed cooking gas prices on Sunday just one day after the cost of…

Oil price slump threatens $150bn investments

The continued fall of oil prices could lead to postponement of $150 billion worth of…

Brent crude oil price slips below $70, after Saudi price cut

Oil fell in Asia on Friday after major producer Saudi Arabia slashed the price of…

Nigeria slashes oil benchmark price to $65, Naira still wobbling

The Nigerian naira weakened slightly on Thursday, staying below the central bank's new target band,…

Oil prices regain bounce on US stockpiles

Oil prices rose in Asia on Thursday after a dip in US crude stockpiles raised…

Nigeria needs a new oil market strategy: Alison-Madueke

Mrs Diezani Allison-Madueke, Nigeria's oil minister and conference President, Organisation of Petroleum Exporting Countries (OPEC),…

London stocks surge as oil prices rise

London's stock market rebounded on Tuesday, as shares in heavyweight energy companies recovered thanks to…

Oil prices still volatile in Asia

Crude oil prices fell in Asia Tuesday but losses were curbed as dealers took a…

Oil prices bounce back from 5-year lows

Crude oil prices bounced back sharply from five-year lows Monday in what analysts said may…

Fuel price hike triggers inflation, low output in Indonesia

Indonesia's inflation rate jumped and manufacturing activity sank to a record low after the country's…