The Latest Breaking News from Oil

Company reviewing the recoverability of assets, but likely to be written off as an exceptional item this year

The International Monetary Fund (IMF) said the Russian invasion of Ukraine is significantly affecting the growth prospects of the developing economies in the Middle East and North Africa (MENA), while oil-exporting countries benefit from higher crude prices. In its "Regional Economic Outlook: the Middle East and Central Asia," the IMF…

The Secretary of Iran's Supreme National Security Council, Ali Shamkhani, has warned that Tehran would react swiftly and decisively to any action to harm his country's security from Iraqi territory. Shamkhani spoke during his reception of the Iraqi Speaker, Mohammad al-Halbousi, who arrived on his first visit to Tehran since…

Protest is 'a significant escalation' says group

All presidents make sincere efforts to implement the detailed programs they advocate in their campaigns. Most succeed at least to some degree.

Commerce Minister Jurin Laksanawisit on Thursday blocked an attempt to raise instant noodle prices on the back of higher production costs driven by a hike in global oil prices.

Climate group Just Stop Oil said 35 of its supporters have blocked petrol stations at two motorway service areas on the M25.

Supporters of Just Stop Oil smashed display glass and covered it in spray paint after stopping motorists from entering forecourts on the M25.

Asian shares have logged moderate gains after Wall Street stabilized following a sell-off in tech stocks a day earlier