THE world's biggest oil traders said that crude could rise above US$60 a barrel in a year as demand grows and the Organization of the Petroleum Exporting Countries (Opec) keeps cutting...

[SINGAPORE] Oil prices rose on Wednesday, lifted by a fall in US crude inventories and concerns that tensions in the Middle East could disrupt supplies.

[NEW YORK] Oil prices ended little changed on Tuesday, steadying after earlier gains and losses, as expectations of high US production and exports offset concerns that fighting between Iraqi and...

A RISK premium has returned to oil markets with a vengeance, boosting global price benchmarks as escalating fighting in Iraq threatens supplies while political tensions loom between the United States...

OIL demand will grow at a "healthy pace" over the next five years as renewables show the fastest expansion of any type of energy, the head of the Organization of Petroleum Exporting...

[LONDON] Global oil demand growth will slow to a crawl and gasoline use will peak within the next decade, prompting the world's biggest energy companies to accelerate the shift to natural gas...

SAUDI Aramco has dismissed reports that it is considering shelving plans for an international listing, with the state-owned oil giant saying it is on track for next year.

[LONDON] Oil prices firmed on Friday as bullish news from strong Chinese oil imports to turmoil in the Middle East put Brent on track for a more than 3 per cent weekly gain.

INDIA needs overseas help to raise production from its ageing oil fields and meet its goal of lowering crude imports by 2022, according to consultant Wood Mackenzie Ltd.

GLOBAL supply and demand for crude oil will be largely balanced next year, as growth in consumption helps erode a three-year-old overhang of unused fuel and should mostly offset a steep rise in...