BP's profit surge 71% on higher oil prices and output BP today reported a 71% jump in first-quarter profit driven by higher oil and gas prices and increased production as it undergoes rapid growth. Business • 01 May 18
Saudi Aramco appoints first woman to its board Saudi Aramco, the world's top oil company which is preparing to go public, has said it has appointed new members to its board including a ... Business • 30 Apr 18
Shell's quarterly profit soars on stronger oil prices Royal Dutch Shell has today reported a 42% rise in first-quarter profit, its highest in over three years, boosted by higher oil prices and production. Business • 26 Apr 18
Tullow Oil's CFO raises prospect of return to dividends Tullow Oil's finance chief has raised the prospect that the Africa-focused producer may resume its dividend, which it froze in 2015 due to the oil ... Business • 25 Apr 18
Trump says will not accept high oil prices, crude dips US President Donald Trump has criticised OPEC for output reductions that have helped raise oil prices and said the action would not be tolerated, as ... Business • 20 Apr 18
Qatar says too early to exit OPEC oil cuts OPEC and its allies should maintain oil supply curbs to guarantee healthy price levels which will allow increased investment in the industry and help avoid ... Business • 05 Apr 18
Oil gains on US crude drawdown, easing of trade tension Oil prices rose this morning, buoyed by the US government data showing a surprise drawdown in crude stockpiles and an easing of tensions over a ... Business • 05 Apr 18
Bahrain announces discovery of 80 bn barrels of oil Bahrain has announced its newly discovered shale oil reserve is estimated to contain more than 80 billion barrels, making the once-marginal oil producer potentially a ... Business • 04 Apr 18
Total raises dividend and plans share buyback French oil and gas company Total's net adjusted profit soared 28% in 2017 to $10.6 billion, enabling it to announce plans to reward shareholders with ... Business • 08 Feb 18
Tullow Oil reports operating profit of $22m for 2017 Oil and gas producer Tullow Oil has today reported an annual operating profit after three years in the red and said it expected the first ... Business • 07 Feb 18
BP's Q4 results surge on refining and trading BP's profits more than doubled in 2017 to $6.2 billion due to a large increase in oil and gas production as the company resumed share ... Business • 06 Feb 18
Bankers invited to Saudi Arabia to pitch for Aramco IPO Saudi Aramco has invited banks pitching for roles in its stock market listing, including Citi and Goldman Sachs, for meetings in the kingdom in the ... Business • 09 Jan 18
Saudi Arabia converts Aramco into joint-stock company Saudi Arabia has changed the status of its national oil giant Aramco to a joint-stock company as of January 1, in a key step for ... Business • 05 Jan 18
Oil hits new 2 1/2-year highs as higher output looms Oil prices have risen today to new two-and-a-half year highs as robust output in the United States and Russia balance tensions from a sixth day ... Business • 03 Jan 18
Oil posts strongest year opening since 2014 Oil prices have posted their strongest opening to a year since 2014 today, with crude rising to mid-2015 highs amid large anti-government rallies in Iran ... Business • 02 Jan 18
US oil prices hit highest since mid-2015 US oil prices have hit their highest since mid-2015 on the final trading day of the year as an unexpected fall in American output and ... Business • 29 Dec 17
Oil near 2015 highs on strong China data Oil prices dipped but stayed close to their highest in two and a half years, as data showed strong demand for crude imports in China ... Business • 28 Dec 17
Oil falls from 2015 highs as rally runs out of steam Oil prices dipped today after hitting a near two-and-a-half year high in the previous session as a rally fuelled by supply outages in Libya and ... Business • 27 Dec 17
Oil dips from highs, but OPEC's cuts support market Oil prices have dipped away from some of their highest levels since 2015, weighed down by rising US output and the expected January re-opening of ... Business • 22 Dec 17
OPEC expects to stick to cuts in second half of 2018 Saudi Arabia's Energy Minister Khalid al-Falih has said oil producers might start discussing in June when to raise output once the market outlook is clearer, ... Business • 04 Dec 17
Oil prices fall after US drillers add rigs Oil prices have fallen today after US shale drillers added more rigs last week, but prices have still held close to their highest since mid-2015, ... Business • 04 Dec 17
Oil prices ease on rising output from US producers Oil slipped today on concerns that rising US output would hamper OPEC's attempts to tighten supplies, outweighing worries about the shutdown of a major US ... Business • 23 Nov 17
Oil prices rise on Canadian pipeline disruption to US Oil prices rose this morning as ongoing cuts of piped Canadian crude to the United States added to falling US crude inventories, while expectations of ... Business • 22 Nov 17
Oil markets tepid ahead of OPEC meeting Oil markets have been tepid today as traders are reluctant to take on big new positions ahead of an OPEC meeting at the end of ... Business • 20 Nov 17
Oil set for first weekly fall in six on oversupply Oil prices were steady today but on track for the first weekly fall in six weeks, under pressure from surging US supplies and creeping doubts ... Business • 17 Nov 17
