First, they ignored each other. Then, they went into a bruising fight. Finally, they are talking, albeit with opposing agendas. The history of...
First, they ignored each other. Then, they went into a bruising fight. Finally, they are talking, albeit with opposing agendas. The history of...
Hong Kong: Energy firms took a hit on Friday after crude prices plunged almost five percent the previous day as traders were left...
Hong Kong: Asian markets rose Thursday as traders welcomed indications from the Federal Reserve that interest rates could rise next month, while oil...
VIENNA: OPEC and non-member oil producers are gearing up to extend output cuts on Thursday, possibly by as long as 12 months, to...
Singapore: Oil prices rose on Wednesday, supported by confidence that an OPEC-led output cut aimed at tightening supply would be extended to all...
President Donald Trump's proposal to sell half of the U.S. Strategic Petroleum Reserves (SPR) will likely have little impact on OPEC's efforts to...
Oil prices rose on Wednesday, supported by confidence that an OPEC-led output cut aimed at tightening supply would be extended to all of...
VIENNA: OPEC will likely agree to extend production cuts for another nine months, delegates said on Tuesday as the oil producer group meets...
London/Hong Kong: Oil rose to the highest in a month as Saudi Arabia said all producers participating in output cuts agree on prolonging...
RIYADH: Pressure on Saudi Arabia's finances will make it eager to secure a deal on oil output cuts at this week's talks among...
Riyadh; Saudi Arabia’s energy minister said yesterday that extending the current agreement on global oil supply cuts until March next year, and adding...
All producers agree to extend crude output cuts by nine months to help trim a supply glut, according to Saudi Arabia’s energy minister....
London: Oil rose in New York before the release of US government data on oil inventories as more producers backed the extension of...
LAGOS, Nigeria: Nigeria will resume oil exploration in the Lake Chad basin area within six weeks following the wane of Boko Haram in...
Acontinued concern about oil price weakness is likely to spur extension of Opec’s production cuts. Opec’s ability to bring down historically high global...
London: Oil prices rose yesterday after a larger-than-expected fall in US crude inventories but failed to recoup last week’s losses due to concerns...
London: Oil rose yesterday but faced headwinds from concern over slowing demand and the rise in US crude output that has shaken investors’...
London: Oil prices gave up early gains yesterday, as the market weighed news from Opec and other producers about prolonging output cuts against...
