The price of oil has plummeted by about 5%, despite oil-producing nations agreeing to extend production cuts for a...
IMF says pace of global economic growth is picking up The world economy seems to be gaining momentum, according the...
Halfway into an OPEC-led oil supply cut, Asia remains awash with fuel in a sign that the group's efforts to rein in a...
The OPEC oil cartel has implemented more than 90 percent of its agreed output cuts aimed at curbing a glut on world...
Ghana’s third Floating Offloading Production Storage (FPSO) will set sail to Ghana next week after it was officially...
Saudi Arabia agreed to cut output by about 500,000 barrels per day - a total reduction of 4.5%. The oil cartel Opec has...
Libreville (AFP) - Ali Bongo of Gabon, who has been declared the winner of a disputed election in the central African...