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...
With oil prices hitting fresh four-year highs, long-dormant proposals to allow the United States to sue OPEC nations are getting a fresh...
Rising oil prices are prompting forecasts of a return to $100 a barrel for the first time since 2014, creating both winners...
U.S. President Donald Trump should stop interfering in the Middle East if he wants the price of oil to stop rising, Iranian...