OPEC

Iran supports any move to stabilize oil market: Rouhani
Middle East

Iran supports any move to stabilize oil market: Rouhani

Iran's President Hassan Rouhani said Tehran supports any move to stabilize the global oil market and lift prices, the Iranian…
Saudi Arabia, Russia sign oil pact, may limit output in future
Middle East

Saudi Arabia, Russia sign oil pact, may limit output in future

Saudi Arabia and Russia agreed on Monday to cooperate in world oil markets, saying they will not act immediately but…
Oil pares gains after Saudi, Russia sign pact
Business

Oil pares gains after Saudi, Russia sign pact

Crude oil futures pared gains on Monday after top producers Russia and Saudi Arabia said they have agreed to cooperate…
Oil slips on dollar strength, still set for monthly gain
Business

Oil slips on dollar strength, still set for monthly gain

Crude oil prices slid on Wednesday, pressured by a strong U.S. dollar and high stocks of physical oil, though prices…
Iraq plans to sell oil through Iran if talks with Kurds fail
Business

Iraq plans to sell oil through Iran if talks with Kurds fail

Iraq's government would consider selling crude through Iran should talks with the autonomous Kurdish region on an oil revenue-sharing agreement…
Oil prices fall as Saudi Arabia dampens prospects of output freeze
Business

Oil prices fall as Saudi Arabia dampens prospects of output freeze

Oil prices fell on Friday after the Saudi energy minister tempered expectations of strong market intervention by producers during talks…
Iraq, oil companies agree to restart investment, boost output
Business

Iraq, oil companies agree to restart investment, boost output

Iraq has reached agreement with BP, Shell and Lukoil to restart stalled investment in oil fields the firms are developing,…
Oil climbs as market seen in balance, but slow demand weighs
Business

Oil climbs as market seen in balance, but slow demand weighs

Oil prices rose on Monday following comments from the Saudi energy minister that the market was heading towards balance, although…
Ahead of meeting, OPEC seems close to riding out price slump
Business

Ahead of meeting, OPEC seems close to riding out price slump

OPEC is not yet in safe harbor. But ahead of a top-level meeting, the 13-nation oil cartel appears close to…
Cartel or talking shop? OPEC awaits Saudi ruling
Business

Cartel or talking shop? OPEC awaits Saudi ruling

For those seeking guidance on Saudi Arabia's thinking regarding the future of OPEC, the last few weeks' agenda of the…
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