Oil rose for a fourth session in a row on Monday buoyed by the prospect that top exporter Saudi Arabia will push OPEC and may be...
A return to oil production cuts by OPEC and its allies in 2017 cannot be ruled out, a senior OPEC source said on Wednesday to avert...
OPEC have urged its member nations, not to mention oil prices when discussing policy in a break from the past, as the oil-producing group seeks to...
OPEC sees the oil market as well supplied and is wary of revisiting a glut next year, the group’s secretary-general said on Thursday, suggesting producers are...
Energy Minister Khalid al-Falih said OPEC is technically able to raise oil output by 1.3 million barrels per day (bpd), the TASS news agency reported on...
Oil prices jumped more than 2 per cent to a four-year high on Monday after Saudi Arabia and Russia ruled out any immediate increase in production....
OPEC Secretary-General Mohammad Barkindo expects global trade disputes to hit energy demand and eventually hurt economic growth. Barkindo told reporters on Wednesday in Cape Town that...
Oil prices rose in early Asian trading on Wednesday, supported by a drop in U.S. commercial crude inventories reported by the American Petroleum Institute (API). Brent...
OPEC secures deal to effectively cut production by about 1.2 million barrels per day Kachikwu secures deal to exempt Nigeria from production cut due to ‘militant attacks’...