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Latest Articles in global oil prices

Global Oil Majors May Be Joining Race For BPCL

The bidding process allows for other interested parties to join and form a consortium with any one of the bidders which had submitted an expression of interest (EoI).

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China, India, Japan Hamper Asia Oil Demand Growth

A fuel glut in China, a hangover from demonetisation in India, and an ageing, declining population in Japan are holding back crude oil demand growth in three of the world's top four oil buyers.

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Oil Hits 2016 High Above $43 On Producer Meeting Hopes

Many members of OPEC plus outside producers such as Russia are meeting Doha, Qatar, on Sunday to discuss freezing output

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IEA Sees Global Oil Glut Worsening, OPEC Deal Unlikely

The Paris-based IEA trimmed its forecast for 2016 oil demand growth, which now stands at 1.17 million barrels per day (bpd) following a five-year high of 1.6 million in 2015

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