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Oil price surges to highest since 2008 on delays in Iranian talks

Oil price surges to highest since 2008 on delays in Iranian talks

Oil prices soared to their highest since 2008 due to delays in the potential return of Iranian crude to global markets and as the United States and European allies consider banning imports of Russian oil.

Oil jumps on fresh warnings over Ukraine-Russia conflict

Oil jumps on fresh warnings over Ukraine-Russia conflict

Oil prices gained more than $1 in early trade on Monday on rising jitters over potential conflict between Russia and Ukraine, with the United States and European Union making clear Russia would face sanctions if it invaded its neighbor.

Oil giants unlikely to share coal's fate, for now

Oil giants unlikely to share coal's fate, for now

For now, there is no viable alternative to oil and gas to meet the world's demand, several investors said.

November 19, 2017 | 11:09 pm PT

Vietnam raids boats carrying 100 tons of suspect oil in military port

Vietnam raids boats carrying 100 tons of suspect oil in military port

Police in the south central province of Khanh Hoa seized about 100 tons of oil from two ships operating in Cam Ranh Bay today.

June 16, 2016 | 02:24 am PT

Oil prices resume fall in Asian trade

Oil prices resume fall in Asian trade

Oil prices fell on Thursday as a smaller-than-expected increase in US stockpiles was overshadowed by ongoing worries about a global supply glut while analysts said a rises fuelled by hopes over key output talks had mostly been priced in.

March 31, 2016 | 03:08 am PT

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