OPEC

Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months as a…

OPEC's thorniest dilemma of the past year - at least from a purely oil standpoint - is about to disappear.Less…

Brent oil prices fell for a fourth consecutive session on Monday after Iran insisted it would not freeze crude output,…

A three-day strike by oil workers in Kuwait last month over pay reforms shows the government faces considerable opposition as…

Oil prices tumbled on Monday after a meeting by major exporters in Qatar collapsed without an agreement to freeze output,…

A spike in tensions between arch-rivals Saudi Arabia and Iran appeared on Sunday to ruin prospects of the first binding…

Iran will not attend a meeting between OPEC and non-OPEC member countries about freezing oil output levels scheduled for Doha,…

Oil rose above US$42 a barrel on Friday, hitting its highest this year and extending a rally into a fourth…

OPEC is very unlikely to cut output at its next meeting in June, even if prices remain extremely low, according…

As Venezuela grows closer to exhausting nearly every means of paying its debt, some oil market participants are seriously pondering…