Oil

Qatar has lifted a self-imposed moratorium on development of the world's biggest natural gas field, the chief executive of Qatar Petroleum said on Monday, as the world's top LNG exporter looks to see off an expected rise in competition

Qatar has lifted a self-imposed moratorium on development of the world's biggest natural gas field, the chief executive of Qatar Petroleum said on Monday, as the world's top LNG exporter looks to see off an expected rise in competition

Oil prices fell on Friday after a three-day rally ran out of steam as a higher U.S. rig count signaled rising production from shale, contributing to the global supply glut.

Oil prices jumped for a third day on Thursday to their highest in three weeks after Kuwait backed an extension of OPEC production cuts to reduce a global glut.

Saudi Aramco has formally appointed JPMorgan Chase, Morgan Stanley and HSBC as international financial advisers for its initial public offering.

Oil prices rose more than 2 percent on Wednesday as U.S. crude inventories grew less than expected, supply disruptions continued in Libya and the OPEC-led output cut by producing countries looked likely to be extended.

Oil prices rose as much as 2 percent on Tuesday after a severe disruption to Libyan oil supplies and as officials suggested OPEC and other producing countries could extend an output cuts deal to the end of the year.

Oil prices rose as much as 2 percent on Tuesday after a severe disruption to Libyan oil supplies and as officials suggested OPEC and other producing countries could extend an output cuts deal to the end of the year.

The Trump administration took steps Tuesday toward dismantling former President Obama’s signature climate regulation, the Clean Power Plan, as President Donald Trump signed an executive order the White House promises will both bring back jobs and help the climate. While critics and supporters agree pro-jobs and pro-climate policies aren’t mutually exclusive, they disagree on what type of jobs should be created.

The Trump administration took steps Tuesday toward dismantling former President Obama’s signature climate regulation, the Clean Power Plan, as President Donald Trump signed an executive order the White House promises will both bring back jobs and help the climate. While critics and supporters agree pro-jobs and pro-climate policies aren’t mutually exclusive, they disagree on what type of jobs should be created.

Oil resumed its slide on Monday as investors remained uncertain whether producing nations would extend an OPEC-led output cut beyond the end of June in an effort to reduce a global glut of crude.

The average price of a gallon of regular-grade gasoline dipped about a penny nationally during the past two weeks, to $2.34.

The average price of a gallon of regular-grade gasoline dipped about a penny nationally during the past two weeks, to $2.34.

Oil rose modestly on Friday in a spate of late-day activity, but fell on the week as concerns persisted over an excess of crude.

Oil rose modestly on Friday in a spate of late-day activity, but fell on the week as concerns persisted over an excess of crude.