MOSCOW (Reuters) - Russias largest oil producerRosneftsaid on Sunday it had found its first oil field in the Laptev Sea in the eastern Arctic, making a breakthrough in the search for hydroca.........
see more >>NEW YORK (Reuters) - Oil prices crept higher on Monday in quiet trade that featured bargain hunting after prices slid last week and hit seven-month lows, but gains were limited by rising cru.........
see more >>NEW YORK (Bloomberg) --The oil market is running out of time for crude inventories to show a significant drop in 2017, according to Statoil ASAs chief economist. When it comes, though, the c.........
see more >>NEW YORK, June 21 (Xinhua) -- U.S. stocks closed mixed Wednesday as investors digested a sharp decline in oil prices amid upbeat economic data. The Dow fell 0.27 percent, and the SP 500 dipp.........
see more >>NEW YORK, June 19 (Xinhua) -- Oil prices settled lower Monday as worries about a global supply glut weighed on the market. The West Texas Intermediate for July delivery decreased 0.54 U.S. d.........
see more >>LONDON (Bloomberg) --Oil traders are resorting to storing more and more oil at sea amid swelling output in the Atlantic region, a sign the market is far from the kind of re-balancing that OP.........
see more >>MOSCOW, June 18 (Xinhua) -- Russias oil giant Rosneft said Sunday it had discovered a new oil field near the Laptev Sea, which could be the biggest on the shelf. Rosneft said in a statement .........
see more >>NEW YORK, June 14 (Xinhua) -- Oil prices held big losses on Wednesday as weekly data showed an unexpectedly increase in U.S. gasoline inventories. The West Texas Intermediate for July delive.........
see more >>Lebanons Energy and Water Minister Cesar Abou Khalil speaks during the thirdLebanonInternationalOiland Gas Summit in Beirut,LebanonMay 9, 2017. (Xinhua/Reuters Photo) BEIRUT, June 13 (Xinhua.........
see more >>NEW YORK, June 12 (Xinhua) -- Oil prices settled higher Monday on signs of U.S. stockpile declines. The West Texas Intermediate for July delivery rose 0.25 U.S. dollar to settle at 46.08 dol.........
see more >>MOSCOW, June 9 (Xinhua) -- Russias economy has recovered despite Western sanctions and low oil prices, Russian central bank governor Elvira Nabiullina said Friday. The Russian economy has be.........
see more >>NEW YORK, June 9 (Xinhua) -- Oil prices settled mildly higher Friday as investors bought the dip after previous two-days sharp declines. The West Texas Intermediate for July delivery increas.........
see more >>YANGON, June 8 (Xinhua) -- Some oil spots of the missing Myanmar military airplane have been found at a sea area, according to a release of the Defense Services Office on Thursday. The oil s.........
see more >>NEW YORK, June 6 (Xinhua) -- Oil prices rallied Tuesday as investors bet that official data scheduled for release Wednesday will show a ninth straight weekly decline in U.S. crude stockpiles.........
see more >>NEW YORK, June 5 (Xinhua) -- Oil prices settled lower Monday as geopolitical tensions in the Middle East raised market concerns. The West Texas Intermediate for July delivery lost 0.26 U.S. .........
see more >>