Dubai: Opec will meet non-Opec countries to finalise a global oil limiting pact on December 10 in the Russian capital Moscow, two Opec...
Dubai: Opec will meet non-Opec countries to finalise a global oil limiting pact on December 10 in the Russian capital Moscow, two Opec...
London: Opec has reached an agreement to cut its oil output by almost 1.2 million barrels per day and been rewarded with an...
While the first OPEC production cuts since 2008 were inked as Asia slept, the winners and losers from the surprise deal are already...
Tehran: Iran claimed victory after it was spared any of the cuts in oil production accepted by other OPEC members, including its bitter...
London: Oil prices rose Thursday, building slightly on a surge triggered by OPEC's output decision, while European stock markets retreated as attention switched...
TEHRAN, Iran: Iran's President Hassan Rouhani is welcoming a Wednesday OPEC deal that cut the oil cartel's output to push up crude prices....
ISTANBUL: Brent oil price surpassed $50 for the first time in a month, influenced by anticipation surrounding OPEC's meeting in Vienna on Wednesday....
MUSCAT: Oman Oil Refineries and Petroleum Industries Co (ORPIC) said on Wednesday it was preparing to restart its 116,000 barrel per day Sohar...
Vienna: The OPEC oil cartel held tense talks Wednesday to try to agree its first output cut in eight years, sending oil prices...
VIENNA: OPEC began on Wednesday debating a deal to curtail oil production and prop up the price of crude, with Iran and Iraq...
DHAHRAN, Saudi Arabia: Saudi Arabia’s energy minister Khalid al-Falih said on Sunday that he believed the oil market would balance itself in 2017...
Tehran: Algeria has proposed that OPEC members cut 1.1 million barrels of daily oil production to boost prices, Iran's Shana news agency reported...
Moscow: With its oil output at record levels and state coffers running low, Russia has little to lose and much to gain from...
Dubai: Iran is optimistic about Opec reaching an agreement and plans to announce its own decision about any output curbs at the group’s...
Amsterdam: Royal Dutch Shell expects to pump out all the fossil fuel reserves listed on its balance sheet, its chief executive said, dismissing...
Paris: An agreement to cut global oil production is possible, but would only happen if countries that do not belong to the Organization...
BAGHDAD: Iraq is willing to cut its crude oil output as part of OPEC’s plan to reduce global supply and boost crude prices,...
Hong Kong: Asian markets rose Tuesday with energy stocks tracking a surge in oil prices, while Tokyo hit a fresh 10-month high after...
