Oil price was little changed on Thursday. But it still traded near the highest level since May 2015.U.S. West Texas Intermediate (WTI) crude futures for February delivery were trading at $59.54 a barrel in the early trading on Thursday. WTI broke th..

Shell Global (NYSE: RDS.A) reported almost a 50% rise in quarterly profits that was mostly driven by strong refining while also adapting well to low oil prices. Cash generation has been boosted in recent quarters as costs have been cut and asse..

Monday was a good day for crude oil as the price of the commodity soared to touch the $50 per barrel mark. With fluctuations characterizing the price of late and its subdued showing in recent times, this was indeed good news for those invested in th..

Government data that was released on Wednesday showed a decrease in US crude stockpiles for a third week in a row, causing oil prices to tap the highest levels of the session. There were also further gains in total domestic crude production, reveale..

Indonesia is targeting a comeback for its economy. Having  been weighed down by a decrease in spending and lack of investments in early 2017, the Parliamentary Budget committee has agreed the government's request to raise the target growth ..