Drone attacks claimed by Yemen’s Houthi rebels struck two key oil installations inside Saudi Arabia on Saturday, damaging facilities that process the vast majority of the country’s crude output and raising
NEW YORK (Reuters) - The dollar rose against a basket of currencies on Monday as U.S. President Donald Trump’s authorization of the use of an emergency crude stockpile in response to drone attacks on Arabian
London (CNN Business) — Saudi Arabia has a new oil minister. The world's largest oil exporter replaced energy minister Khalid al-Falih with Prince Abdulaziz bin Salman bin Abdulaziz al-Saud, state media
ODESSA, Texas (Reuters) - Oil producers and their suppliers are cutting budgets, staffs and production goals amid a growing consensus of forecasts that oil and gas prices will stay low for several years.
Exclusive: Brazil's Petrobras refineries sale lures trading companies, PetroChina, Saudi Aramco - sources
SAO PAULO/RIO DE JANEIRO (Reuters) - Brazil’s planned privatization of eight Petroleo Brasileiro SA (PETR4.SA) refineries has lured several of the world’s largest trading and oil companies as prospective
RIO DE JANEIRO (Reuters) - A Petrobras recebeu comunicado da Modec, operadora do FPSO Cidade do Rio de Janeiro, informando sobre a existência de trincas no casco do navio, na Bacia de Campos, o que levou