Oil and Gas
Angola cuts petroleum tax to reduce crude production decline
Africa’s second-largest crude producer, Angola, is cutting tax rates on development of marginal oil fields, a new feat, Joao Lourenco,…
Oil prices hold near 2014 highs amid global supply jitters
Oil prices edged higher on Tuesday, staying near their strongest levels in three-and-a-half-years as investors fretted over the future output…
OPEC, non-OPEC members’ oil cut deal hit over 130%
The level of conformity to the Declaration of Cooperation by Organisation of Petroleum Exporting Countries (OPEC) and Non-OPEC has hit…
Oil prices rise as U.S., China work on trade agreement
Oil prices were higher Monday as the U.S. and China have put their trade war “on hold” to discuss a…
IEA in talks with oil producers, consumers, pledges to ensure market remains well supplied
The International Energy Agency (IEA) says it is in discussions with oil producers and consumers amid rising oil prices, and…
Oil hits highest level since 2014 on concerns about Iran supply
Oil prices surged on Thursday on Thursday for the first time since November 2014 on concerns Iranian exports could fall,…
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