GMT - European energy companies gain as geopolitical risks pushed oil prices higher overnight. U.K. oil majors Shell and BP climb 1.7% and 1.55% respectively, while French TotalEnergies rises 1.7%.

Saudi Arabia’s aggressive crude price cuts have prompted Asian buyers outside China to order an additional 9 million barrels ...

Fuel prices may likely decline by as much as PHP0.30 per liter next week based on price movements in Asia and developments in ...

Saudi Arabia dropped the price of its flagship crude grade to Asia for a third month on persistent signs of oversupply in the ...

OPEC estimated Venezuelan crude production at approximately 1.1 million barrels per day (bpd) in its latest monthly report. China consistently absorbs between 75 per cent and 80 per cent of ...

Contracts and memorandums of understanding (MoUs) with oil companies such as Petroliam Nasional Berhad (Petronas) and ...

Contracts and memorandums of understanding (MoUs) with oil companies such as Petroliam Nasional Berhad (Petronas) and Petroleum Sarawak Berhad (Petros) are being considered as part of studies to help ...

The retail prices of unsubsidised RON97 and RON95 petrol nationwide remain unchanged at RM3.16 and RM2.56 per litre ...

The price of RON97 is maintained at RM3.16 per litre while subsidised RON95 will continue to be sold at RM1.99 per litre and ...

Russia’s flagship Urals crude oil slumped to about $34 a barrel in a signal that US sanctions on Moscow are having an impact. The grade in the Baltic Sea slumped to $34.82 a barrel on Friday, while in ...

Sarawak, historically viewed as a periphery of Malaysia, is rapidly emerging as a “Green State” spearheading multiple ambitious projects within the federation. How is such a transformation possible?

LAUNCESTON, Australia, Dec 23 (Reuters) - Conventional wisdom in the crude oil market is that producers such as OPEC+ largely determine the price by altering output levels to achieve a desired outcome ...