The meeting of Organization of the Petroleum Exporting Countries and allied producers (OPEC+) concluded with an agreement to maintain stable production in...
By Ellen R. Wald (Bloomberg Opinion) — This week marks the 60th anniversary of OPEC, the cartel of major oil exporters that...
Russia produced more crude oil than Saudi Arabia in June, beating it to the second place of the largest oil producers in...
Crude prices rose as much as 10% on Friday as jawboning by OPEC members speaking anonymously to the media helped to add...
A three-year pact between OPEC and Russia ended in acrimony on Friday after Moscow refused to support deeper oil cuts to cope...
Bahrain may transfer some of its oil and natural gas assets into a proposed state-run fund in which it could sell shares...
The coronavirus epidemic is a black swan that has severely disrupted the outlook for the global oil market, and at this moment...
OPEC Joint Ministerial Monitoring Committee which met on Sunday in Jeddah, Saudi Arabia, reviewed market forecasts, assessed compliance with quotas and discussed...
A panel of OPEC and Russian ministers will meet this weekend in Jeddah, Saudi Arabia to assess oil market conditions ahead of...
Oil prices rose on Tuesday after the world’s top oil exporter Saudi Arabia said explosive-laden drones had attacked two pumping stations belonging...