Oil Deal

A view of the PES Refinery in Philadelphia, Pennsylvania, US, November 2, 2020. Picture taken November 2, 2020. REUTERS/Dane Rhys
Global Economy

Oil rises on fears of heightened tensions in Middle East

Brent crude was up 66 cents or 1.1%, at $63.09 a barrel at 0004 GMT after climbing to a session high of $63.44, the highest since January 22, 2020

A man looks at the exhaust chimneys and pipes of the oil refinery of Ras-Tanura in Saudi Arabia on Sept. 3, 1990. JACQUES LANGEVIN/SYGMA/SYGMA VIA GETTY IMAGES
Global Economy

Brent oil rises to highest since February after Saudi Arabia output cut

An entrance sign at the Chevron refinery, located near the Houston Ship Channel, is seen in Pasadena, Texas, US, May 5, 2019. Photo: Reuters
Global Economy

Iraq, Chevron seen signing deal Wednesday - Iraqi foreign minister