Oil Edges Lower Amid Hopes of New U.S.-Iran Ceasefire

Oil edged lower in early Asian trade amid hopes of a new U.S.-Iran ceasefire that could ease worries over supply disruptions in Middle East.

Adnoc, Partners to Proceed With $6.2 Billion Umm Shaif Gas Cap Project

Abu Dhabi National Oil Company said it took the final investment decision alongside TotalEnergies, Eni and the China National Petroleum Corporation.

Var Energi to Buy BlueNord in $1.3 Billion Deal