Oil Price Flat in Subdued Trade at $52 Oil prices were flat, yesterday but remained on an unstable footing as increase in United States, U.S. drilling...
Global refiners have announced new refinery additions or expansions to existing operations from 2017 to 2021 that would add nearly 7 million barrels per day, bpd,...
Oil Trades Below $50 as Rising U.S. Drilling Dampens OPEC’s Cuts Oil traded below $50 a barrel as a boost in U.S. drilling activity threatens OPEC’s...
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...