[MEXICO CITY] Mexican president Andres Manuel Lopez Obrador is boosting Petroleos Mexicanos' budget to 464.6 billion pesos (S$31.6 billion) next year to reverse flagging oil production and...

[NEW YORK] Oil prices dropped about 2 per cent on Friday, weighed down by falling US stock markets, while weak economic data from China pointed to lower fuel demand in the world's biggest oil...

[NEW YORK] Oil prices climbed more than 2 per cent on Thursday, after data showed inventory declines in the United States and as investors began to expect that the global oil market could have a...

[NEW YORK] Oil ended lower on Wednesday after reports that Iran's oil minister said divisions exist within the Organization of the Petroleum Exporting Countries (Opec), leading futures to give...

[NEW YORK] Oil edged higher on renewed optimism that announced production cuts from the Opec+ coalition will re-balance global markets, while Libya's biggest field remained shut, taking supply...

[NEW YORK] Oil fell nearly 3 per cent on Monday, echoing the weakness in global stock markets as the focus returned to concerns about growth in demand and crude prices erased some of the gains made...

OIL in London extended gains near US$62 a barrel on prospects for a shrinking glut as the Opec+ group agreed to curb output and protesters forced Libya's biggest crude field to close...

[SINGAPORE] International oil prices rose on Monday, extending gains from Friday when producer club the Organisation of the Petroleum Exporting Countries (Opec) and some non-affiliated producers...

[SINGAPORE] Several tankers carrying diesel fuel are floating off Taiwan and South-east Asian waters as a steep fall in oil prices kept buyers at bay, trade and shipping sources said on Friday,...

[HOUSTON] US shale producers cheered The Organization of the Petroleum Exporting Countries (Opec's) decision to trim output, a move that sent crude prices higher on Friday, closing at levels...