Oil prices were down on Wednesday morning in Asia as a build in crude inventory in the US compounded fears that the continuously increasing number of Covid-19 cases…

Oil was down on Tuesday morning in Asia, giving up earlier gains as the Covid-19 pandemic shows no signs of ending and dampened investor sentiment globally.

Brent…

Oil prices were mixed on Monday morning in Asia as the US reached a record high for new coronavirus cases for the 27th day in a row with twelve states reporting new…

Oil was down on Friday morning in Asia on the back of a resurgence of Covid-19 globally. Spikes recorded in 37 states further hindered fuel demand recovery in the US,…

Oil was down on Thursday morning in Asia, giving up some of its gains from the previous session. Investor worries about a stall in the black liquid’s demand recovery…

Oil continued its drop on Monday morning in Asia, following last week’s plummet. Investor worries over demand were amplified after Covid-19 cases surpassed 10 million…

Oil was down on Wednesday morning in Asia, with investors digesting a second consecutive week of increases in the crude oil supply.

The American Petroleum Institute…

Abu Dhabi’s ADNOC has sold a 49% stake in its gas pipeline business to a group of international investors, bringing in upfront proceeds of USD 10.1 billion, the NOC…

Oil was down on Tuesday morning in Asia, giving up its earlier gains from the session.

Brent oil futures fell 0.46% to $42.88 by 10:17 PM ET (3:17 AM GMT) and WTI…

BP Oman is set to launch production at its Ghazeer gas project, with 99% of installations now completed, the company told local media.

The project is set to add 14.2…