Algeria Says Most Nations in OPEC Deal Back Nine-Month Extension Algeria, the African oil producer that was instrumental in crafting OPEC’s historic output deal last year,...
Kuwait Joins Saudis, Russia to Seek Oil-Cuts Extension Into 2018 Kuwait joined Saudi Arabia and Russia in supporting an extension of oil-output cuts by OPEC and...
Oil Climbs Above $52 as Saudis, Russia Favour Output Cut Extension Oil jumped to a three-week high on Monday following comments from both the Saudi Arabia...
OPEC Raises 2017 Estimate for Supply Growth From Rivals by 64% OPEC boosted estimates for growth in rival supplies by 64 percent as the U.S. oil...
Oil Rebounds Above $50 as US Stockpile Drops Oil rebounded on Wednesday following a report that the US stockpile dropped to its biggest one-week low this...
Global Oil Rig Counts Hit 956 in April There are strong indications that oil exploration and production have increased in different parts of the world as...
Saudi Arabia Says Oil Curbs Could Extend Beyond End of 2017 Saudi Arabia’s oil minister said he’s confident that an agreement by producers to curb crude...
Oil Rebounds on Saudi Assurances Russia will Extend Supply Cuts Oil prices closed 1.5 percent higher on Friday, rebounding from five-month lows, following positive U.S. jobs...
Oil Is a Buy for Citigroup as Goldman Says Market Getting Tight Oil’s slump to a five-month low is driven purely by technical trading and supply...
Oil Prices Plunge to 5-Month Low on Thursday Oil prices plummeted to its lowest in five months after data showed the U.S. rising oil production would...