Oil slipped to about $60 a barrel on Wednesday, pressured by rising U.S. inventories and doubts over whether an OPEC-led output cut...
Saudi Aramco will expand its market share in Asia despite likely OPEC limits on output next year, and is eyeing deals in...
Global oil supply will outpace demand throughout 2019, the International Energy Agency (IEA) forecasted in its latest Oil Market Report. Since midyear,...
The Organisation of the Petroleum Exporting Countries (OPEC) Secretary General, Dr. Mohammed Barkindo, has assured the global oil community that the organization...
Oil price rose on Monday, boosted by news Saudi Arabia plans to reduce its output levels by some 500, 000bpd in December,...
Oil prices fell about 1 percent on Friday, heading for a weekly loss of over 6 percent, as investors worried about oversupply...
Oil slipped to around $76 a barrel on Wednesday, paring losses after hitting its lowest since late August, pressured by concern that...
OPEC has urged its members not to mention oil prices when discussing policy in a break from the past, as the oil...
Russia’s Energy Minister Alexander Novak considers unnecessary for the country to join the Organization of Petroleum Exporting Countries as the current relationship...
The International Energy Agency made a direct appeal to OPEC and other major oil producers to boost output, warning that high prices...