The oil spill in the Gulf of Mexico ... Even with all of the clean up crews and ideas in the Gulf area, if we're really dealing with 5,000 barrels a day entering the ecosystem, it's one heck ...

Iraq released millions of barrels of oil into the Persian ... a trustee of the National Gulf Veterans Association. Shaun Rusling: ‘It was the morning of the ground war offensive; the sun simply ...

The area is exposed to high risks of piracy and conflict, and 3.8 million barrels pass through every day. The Suez Canal is a major transit point for oil from the Persian Gulf. Terrorism and ...

Al-Harami suggested that a more effective approach to lowering oil prices would be diplomatic, such as resolving the Russia-Ukraine conflict. If successful, this could drive prices below $70 per ...

(MENAFN- Daily News Egypt) Egypt has confirmed the discovery of at least eight million barrels of oil in the East Crystal-1 well in the Gulf of Suez, the petroleum Ministry announced on Wednesday.

The current account and budget positions of Gulf oil exporters will ... it as a nightmare scenario for the oil market. Crude dropped to as low as $30.02 a barrel on Thursday.

Oil prices decline for a third week due to U.S. sanctions on Iran and trade war fears with China, impacting demand.