OPEC squeezes oil output to 4-year low, Russia compliance low
PARIS: OPEC production fell to a four-year low in January as the cartel applied a new pact to boost global oil prices, the International Energy Agency said …
PARIS: OPEC production fell to a four-year low in January as the cartel applied a new pact to boost global oil prices, the International Energy Agency said …
PARIS: Global oil cartel OPEC said Tuesday it sharply reduced crude oil production last month, after heavyweight Saudia Arabia slashed output and exports fell …
SINGAPORE: Oil prices rose to their highest so far this year on Monday as OPEC-led supply cuts and U.S. sanctions against Venezuela’s petroleum industry …
VIENNA: OPEC members and 10 other oil producing nations, including Russia, agreed Friday to cut output by 1.2 million barrels a day in a bid to reverse falls …
VIENNA:The United States should not try to dictate policy to OPEC, Saudi Arabia’s oil minister said on Thursday. “We don’t need …
SINGAPORE: Oil prices soared more than five percent on Monday after Russia and Saudi Arabia renewed a pact to cap output, while the US agreed to halt raising …
LONDON: Oil rose on Friday on hopes that supply cuts will be agreed at OPEC’s meeting on Dec. 6, but failed to recoup recent losses on oversupply concerns …
LONDON: Oil prices fell more than 1 percent on Tuesday, with benchmark Brent crude slipping below $70 per barrel and U.S. crude under $60, after U.S. President …
ABU DHABI: Saudi Arabia plans to reduce oil supply to world markets by 0.5 million barrels per day in December, its energy minister said on Sunday, as the OPEC …
LONDON: OPEC signaled on Thursday it may have to return to oil production cuts as global inventories rise, in a statement that may further sour relations with …