The Organisation of the Petroleum Exporting Countries (OPEC) daily basket price stood at 14.63 U.S. dollars a barrel on Tuesday, compared with 14.19 dollars on Monday.
U.S. President Donald Trump says his country is looking to add 75 million barrels of oil to its strategic reserve amid the collapse in oil prices.
U.S. President Donald Trump will release guidelines on Thursday with steps to reopen the economy and return to normalcy.
Premier Narendra Modi on Tuesday extended India’s coronavirus lockdown till May 3, but said he would consider relaxing restrictions in parts of the country after a...
Many Japanese have criticised Prime Minister Shinzo Abe’s “stay home” message on social networks as more people struggle to make ends meet due to the economic...
Ministers of the OPEC+ countries agreed in a video conference on Sunday to boost oil prices by cutting production by 9.7 million barrels a day for...
French President Emmanuel Macron will address the nation on Monday evening and is expected to clarify how long a previously announced extension of the county’s lockdown...
China reported the highest number of new coronavirus cases in nearly six weeks on Monday, as the country tries to prevent a second wave of COVIS-19...
United Nations chief Antonio Guterres on Wednesday defended the World Health Organisation (WHO) after U.S. President Donald Trump accused the world body of failing in its...
China has reported no coronavirus deaths over the past day, in a sign the worst of the outbreak is over for the country.