Oil Price

Oil prices soar over fears of US strike on Syria

Brent rises to its highest level since December 2014, amid possibility of US-led strikes on Syria.

Oil prices soar over fears of US strike on Syria

Saudi Arabia

Saudi oil Tanker attacked off Hudaida port

'It was a minor attack. There was no impact, but the question is will it continue?'

Saudi oil Tanker attacked off Hudaida port

Oil Price

Iraq anticipates awarding of oil contracts

Iraq changed the contracts after a glut caused oil prices to crash in 2014, reducing Baghdad’s ability to pay the fees.

Iraq anticipates awarding of oil contracts

Counting the Cost

China's 'petro-yuan': The end of the dollar hegemony?

Shanghai is reportedly taking the first steps to pay for imported oil in reminbi, or yuan, instead of the US dollar.

Business & Economy

Saudi Arabia and Russia consider 10 to 20 year oil alliance

Russia and OPEC member Saudi Arabia are seeking to extend oil market cooperation for decades to stabilise crude prices.

Saudi Arabia and Russia consider 10 to 20 year oil alliance

Oil Price

Oil price crosses $70 amid Iran deal tensions

Oil prices rose as investors saw increasing possibility that the US could withdraw from the historic Iran nuclear deal.

Oil price crosses $70 amid Iran deal tensions

Counting the Cost

What's behind the Saudi Aramco IPO delay?

We discuss why the initial public offering of Saudi oil giant Aramco, scheduled for 2018, could be postponed to 2019.

The Big Picture

Venezuela: From riches to rags

What led to the economic collapse of Latin America's richest country?

The Big Picture

The Battle for Venezuela

The Big Picture examines the present-day crisis in Venezuela by exploring the divisions rooted in its past.

The Big Picture

Hugo Chavez and the coup that never happened

How Venezuela's Hugo Chavez survived a coup in 2002.

Latin America

Venezuela considers offering deep discount in petro

The Venezuelan government is pressing ahead with an attempt to capitalize on the success of cryptocurrencies.

Venezuela considers offering deep discount in petro

Counting the Cost

What's behind the rise of 'black gold'?

A look into the jump in the price of oil. Plus, China and France strengthen strategic ties.

United States

Brent oil price jumps above $65, first since 2015

Oil prices jumped by 1 percent on Tuesday to their highest since mid-2015, after the shutdown of the Forties North Sea.

Counting the Cost

OPEC and the goldilocks oil price

What's the ideal oil price for consumers and producers?

Venezuela

Venezuela pumps below OPEC target

As Venezuela's energy sector struggles to meet OPEC output target, rival producers have started to plug the gap.