Oil prices

Oil prices dive 3 percent to three-week low; OPEC crude output up
Business

Oil prices dive 3 percent to three-week low; OPEC crude output up

Oil prices sank 3 percent to a three-week low on Wednesday as an increase in Libyan output helped boost monthly…
OPEC likely to extend production cuts into next year
Business

OPEC likely to extend production cuts into next year

OPEC countries and other producers including oil giant Russia are backing prolonging last year’s production cut to shore up crude…
OPEC likely to extend output cuts, but price relief elusive
Business

OPEC likely to extend output cuts, but price relief elusive

OPEC oil ministers meeting this week appear damned if they don’t extend production cuts — and only slightly less damned…
OPEC, hedge funds and the Sistine Chapel
Business

OPEC, hedge funds and the Sistine Chapel

It was an unconventional venue for an unusual encounter: in the Vatican’s Sistine Chapel in the summer of 2016, OPEC’s…
Oil price jump soothes cyber nerves
Economy

Oil price jump soothes cyber nerves

Oil’s strongest run of gains since December cushioned the hit to stock markets on Monday from a successful missile test…
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