Qatar and Pakistan sign '$16 billion' gas deal
February 11, 2016 at 05:04 PM
Qatar signed a long-term deal with Pakistan on Wednesday to export liquefied natural gas, according to state media in the Gulf. Read More »
T. Boone Pickens Sells All Oil Holdings
February 05, 2016 at 03:14 PM
Just four days ago, on Monday afternoon, "legendary" oilman T Boone Pickens said that crude has hit bottom at $26 per barrel Read More »
Goodbye Petrodollar: Russia Accepts Yuan, Is Now China's Biggest Oil Partner
February 04, 2016 at 01:33 PM
Russia is now the top crude exporter to China Read More »
Turkey's Tourist Industry Collapses as 1,300 Hotels Go on Sale
February 03, 2016 at 01:45 PM
Some 1,300 hotels have been put up for sale in various Turkish resorts Read More »
Silk Dragon Takes Persian Road
February 02, 2016 at 03:23 PM
He came, he saw, and he pocketed all the deals that matter Read More »
Russia, OPEC hint at oil production cuts
January 27, 2016 at 12:07 PM
Both Russia and OPEC have separately implied they are ready to cut crude output amid collapsing prices. Read More »
Don’t worry about China says Alibaba's Jack Ma
January 22, 2016 at 12:04 PM
Markets shouldn’t be concerned about the cooling in the world’s second-biggest economy Read More »
Two-thirds of Norwegian oil wealth could disappear
January 20, 2016 at 02:45 PM
If crude prices remain at current low levels, Norway could lose two-thirds of its estimated oil wealth Read More »
US crude that's worth less than nothing
January 19, 2016 at 04:02 PM
The oil glut is so bad in the US that one buyer said it will have to be paid to take North Dakota’s low-quality crude. The price list of Flint Hills Resources, a refining company owned by billionaire brothers Charles ... Read More »
Richest 1% own more than the rest of us
January 18, 2016 at 05:48 PM
The richest one percent of the world's population now own more than the rest of us combined Read More »