"In the short term, for the next couple of years, [an IPO] is not something we are looking at very seriously," said the managing director and group CEO of Petronas Lubricants International said. » Read More
Oil prices rose on Friday after the Saudi energy minister said OPEC would need to keep coordinating supply cuts with non-member countries including Russia into 2019. » Read More
By: Nyshka Chandran
"Hold on to your seats for a year ahead that is fraught with risk," says the non-partisan Atlantic Council. » Read More
Oil prices fell on Thursday as investors booked profits after this week's rally, but losses were limited by the continuing efforts of OPEC and its allies to curb supplies.
Oil prices surged by about $3 a barrel over the last two sessions, posting their best two-day gain since November.
There is no evidence of complacency among ADNOC Distribution's senior executives, the firm's deputy chief executive told CNBC on Wednesday.
Oil rose for a second day on Wednesday, after preliminary data showed a surprise decline in U.S. crude inventories.
With hostilities rising, a broader war in the Middle East is seeming more inevitable, says John Kilduff.
African leaders are poised to approve the African Continental Free Trade Area, a deal that will unite over 50 countries in tariff-free trade.
Oil and gas producer SandRidge Energy rejected smaller rival Midstates Petroleum's all-stock bid, calling the offer "highly dilutive."
Oil prices rose about 2 percent on tensions in the Middle East and concerns of a further fall in Venezuelan output.
Saudi Arabia's state-owned oil giant Aramco, the world's largest oil company, is walking back plans for a massive public share offering on an international exchange.
Saudi Crown Prince Mohammed bin Salman will aim to shore up U.S. ties and seek investment opportunities as the kingdom overhauls its oil-dependent economy.
With oil prices in a protracted period of stability, companies are gradually getting the confidence to invest again, the CEO of Woodside Petroleum indicated.
Oil prices fell as increased drilling in the United States pointed to more output, raising concerns about a return of oversupply.
Technician Louise Yamada sees a pullback scenario unfolding for oil based on key levels.
U.S. crude oil futures suddenly spiked more than 1 percent late Friday morning, erasing losses for the week.
The west African cocoa producer is expected to be one of the world's fastest growing economies in 2018.
Oil prices were set to fall this week, with both benchmarks dropping slightly on Friday.
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