Gulf Times - oil
Iraqi protesters shut roads to ports, oil fields

Iraqi protesters shut roads to ports, oil fields

Anti-government demonstrators in southern Iraq shut roads to two major ports and a key oil field Wednesday, port officials and AFP correspondents said, leading to a brief operational halt.

Iran says oil field found with 53 bn barrels of crude

Iran says oil field found with 53 bn barrels of crude

Iran has discovered a new oil field containing 53 billion barrels of crude, President Hassan Rouhani said Sunday, a find that would increase Iran's proven reserves by over a third.

Future of automotive industry and its impact on oil and gas producing countries discussed

Future of automotive industry and its impact on oil and gas producing countries discussed

Energy expert and former Austrian Foreign Affairs Minister Dr Karin Kneissl tackled the ‘The Future of the Automotive Industry and Its Impact on Oil and Gas Producing Countries’ in her lecture, held recently in Doha.

Russia will find ways to help Cuba get oil, says Medvedev

Russia will find ways to help Cuba get oil, says Medvedev

Russia will find ways to help Cuba secure supplies of oil and petroleum products, Russian Prime Minister Dmitry Medvedev said in an interview broadcast on Saturday.

Saudi attacks raise spectre of oil at $100

Saudi attacks raise spectre of oil at $100

The oil market will rally by $5-$10 per barrel when it opens today and may spike to as high as $100 per barrel if Saudi Arabia fails to quickly resume oil supply lost after attacks over the weekend, traders and analysts said.

Oil drops as recession risks mount with trade war tariffs

Oil drops as recession risks mount with trade war tariffs

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 escort fuel tankers as drivers strike

Portuguese police escort fuel tankers as drivers strike

Portuguese police escorted fuel trucks on Monday to supply petrol stations at the start of a tanker drivers' strike, an AFP reporter said.

Oil steadies above $62 as OPEC cuts counter growth concerns

Oil steadies above $62 as OPEC cuts counter growth concerns

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 worker hostages freed in Nigeria: police

Two Shell oil worker hostages freed in Nigeria: police

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 surges amid Opec caution to offset Iran sanctions

Oil surges amid Opec caution to offset Iran sanctions

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 ...

Tunisian workers kidnapped in Libya

Tunisian workers kidnapped in Libya

Militiamen have kidnapped a group of Tunisian workers near the Libyan capital Tripoli, demanding Tunis release a comrade, the foreign ministry and a rights activist said.

Opec, Russia close to slashing oil output despite US pressure

Opec, Russia close to slashing oil output despite US pressure

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.