Oil prices fell on Monday, pushing US crude to the lowest in more than two weeks, as an intensifying trade war between the US and China undermined confidence in global economic growth.
Portuguese police escorted fuel trucks on Monday to supply petrol stations at the start of a tanker drivers' strike, an AFP reporter said.
Oil steadied above $62 a barrel on Tuesday as firmer equities and expectations OPEC and its allies will keep withholding supply countered concern about slowing economies and demand.
Two Shell oil workers kidnapped in Nigeria's restive oil-rich south have been freed, six days after they were seized by gunmen who killed their guard and driver, police said Wednesday.
Oil prices hit their highest in about six months on Tuesday as sources said Gulf Opec members were ready to raise output only if there was demand before offsetting any shortfall following a US decision ...
Opec and its Russia-led allies moved closer on Friday to clinching a deal that would cut oil production by more than the market had expected despite pressure from US President Donald Trump to reduce the price of crude.
India's oil demand is expected to rise by 5.8 million barrels per day (bpd) by 2040, accounting for about 40 percent of the overall increase in global demand during the period, OPEC's secretary general said on Friday.
US and Brazilian authorities have fined Brazil's state oil giant Petrobras more than $853 million for covering up a massive bribery scheme involving Brazilian politicians and political parties ...