Oil market rebalancing to speed up in H2: OPEC’s Barkindo
A rebalancing of the oil market is progressing more slowly than expected, but it will speed up in the second half…
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OPEC
U.S. weighs financial sanctions to hit Venezuela’s oil revenue, White House sources…
The United States is studying financial sanctions on Venezuela that would halt dollar payments for the country's…
Oil prices drop after report showing OPEC deal compliance falling in July
Oil prices fell on Friday after a consultancy report forecast a rise in OPEC production for July despite the…
Oil dips on rising US crude inventories, high OPEC supplies
Oil prices fell on Wednesday after a rise in U.S. crude inventories and ongoing high supplies from producer club…
Oil stable as strong demand meets ongoing supply glut
Oil prices were stable Tuesday, backed by strong consumption but weighed by ongoing high supplies from producer…
Egypt expects global oil prices to growth 19% by year-end
Egypt said Thursday it expects global oil prices to rise by 19 percent to reach $51 a barrel at the end of 2017…
OPEC, non-OPEC production cuts can go longer, deeper if necessary: Russian Minister
OPEC and non-OPEC producers have the capacity to extend and deepen their production cuts if the oil market's…
Oil rises on firm short-term demand outlook, overall market still weak
Oil prices edged up on Tuesday, lifted in part by a strong demand outlook for the coming weeks, but overall…
Kazakhstan plans gradual exit from oil output cut deal – TASS
Kazakhstan seeks a gradual exit from an OPEC-led deal on oil production curbs and an increase in output one or two…
Oil prices recover some losses but market still under pressure
Oil prices recovered some losses on Monday after a three percent fall in the previous session, but markets remain…