Oil & Gas

China's manufacturing data sink oil prices further

Oil tumbled to new multi-year lows in Asia on Monday, extending a sharp sell-off last…

Oil and gas stocks tumble

Australian energy firms were hit hard Friday by the OPEC oil cartel's decision against cutting…

Brent crude price may fall to mid $60s: expert

The worst is not over for crude oil prices.

News Analysis: Falling oil prices bigger blow to Nigeria, Angola than Ebola

Plunging world oil prices have dealt a blow to Africa far greater - in purely…

Russian ruble hits historic lows on OPEC decision

The ruble slumped to historic inter-day lows Thursday against both the dollar and euro in…

OPEC failure to reduce oil output sends oil prices crashing

OPEC disappointed the international oil market on Thursday by voting to maintain its current production…

OPEC elects Diezani Alison-Madueke president

The Organisation of the Petroleum Exporting Countries OPEC on Thursday ay at its ongoing 166th…

Oil prices slump further ahead of key OPEC meeting

Oil prices retreated further in Asia Thursday on expectations the OPEC cartel will keep production…

Reps panel orders Shell pay $4b for Bonga oil spill

Nigeria's House of Representatives committee has ordered oil major Shell to pay $3.

Oil prices: Russia's Rosneft cuts output

Russian oil giant Rosneft has trimmed its oil output amid a continued slide in crude…