Oil declined. “Recent developments in U.S. trade policy as well as the escalating tit-for-tat between U.S.-China on the trade front do not bode well for global growth,” OCBC said.

Oil futures settled lower after gaining the previous two sessions, kept back by concerns about imminent output increases by OPEC+ and lack of visibility on trade relations between the U.S. and China.

The joint venture will engage in port operations, crude oil transportation and other activities at the refinery and ...

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China’s long-term plan still stands. The 14th Five-Year Plan for Energy Storage targets 100GW of new capacity by 2030 and a ...

Uganda has an estimated 6.5 billion barrels of petroleum reserves. Malaysia’s reserves stood at 2.7 billion barrels as of ...

Nestle Sales Get Boost From Coffee, Chocolate Price Hikes Nestle posted higher sales that slightly beat analysts' expectations as the world's largest food maker managed to pass on double-digit price ...

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Crude oil futures traded marginally higher on Thursday morning after witnessing more than 2 per cent decline on Wednesday.

West Texas Intermediate (WTI) Oil price recovers its daily losses, trading around $62.20 per barrel during Thursday’s Asian hours. However, crude Oil prices face headwinds as investors assess the ...

Oil production in the world’s largest importer of the commodity hit an all-time high of 4.6 million barrels daily.