Oil markets firm on expected extension of production cuts
Oil prices were firm on Monday, with Brent crude opening above $60 per barrel on expectations an OPEC-led…
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OPEC
Big oil calls OPEC to extend output cuts beyond March 2018
Major oil CEOs urged Friday OPEC to extend output cuts beyond March next year, arguing "huge volatility" in the…
Russia’s Novak: Compliance with oil output cut deal hit 102%
Russia’s Energy Minister Alexander Novak said Tuesday that compliance with a global output cut deal in the past…
Saudi Arabia energy minister: Flexible, options open on OPEC pact
Saudi Arabia’s Energy Minister Khaled al-Falih said on Tuesday that there was flexibility and options were open on…
Oil prices rise on tightening supply, strong demand
Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of…
Global oil demand will pass 100 million barrels/day by 2020: OPEC’s Barkindo
OPEC’s General Secretary Mohammad Barkindo said on Thursday that oil markets are rebalancing at "an accelerating…
OPEC favors 9-month extension to output cut deal: reports
OPEC members are reportedly building a consensus around extending their production cutting deal with other crude…
Iraq calls on BP to ‘quickly’ develop disputed oilfields after seizing areas…
Iraq urged BP to help develop oilfields in the disputed city of Kirkuk on Wednesday, after central government…
Q3 profit rise at Riyad Bank could support Saudi bank stocks
Saudi bank shares could be buoyed on Thursday by better than expected third-quarter earnings from Riyad Bank,…
Oil markets stable on tighter US market, expected extension of OPEC supply cuts
Oil prices were stable on Thursday, supported by ongoing OPEC-led supply cuts, tensions in the Middle East and…