OPEC Agrees to 9 Months Oil Cut Extension The Organization of the Petroleum Exporting Countries (OPEC) on Thursday agreed to extend oil production cuts for 9...
Iraqi Minister: OPEC May Ask Nigeria to Cut Oil Output Iraq’s oil minister, Jabar Ali al-Luaibi, has indicated that Nigeria and Libya may be asked to...
OPEC’s Worst Cheater Will Get Harder to Ignore as Curbs Falter OPEC’s second biggest producer is also its biggest cheater. And if past is prologue, that...
Output Bets Spur Oil; Euro Rises on Merkel Comment Oil rose a fourth day in the build-up to OPEC’s gathering in Vienna this week, as bets...
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...