Saudi Arabia may freeze crude production—if everybody else does too: Prince Turki
Saudi Arabia could still agree to a deal to freeze oil production — as long as all other oil-producing nations do…
Browsing Tag
OPEC
Oil steadies as Saudi sees OPEC ‘common position’
Oil prices steadied on Thursday after Saudi Arabia said OPEC was moving towards a common position on oil production…
Oil falls towards $49 on high output, strong dollar
Oil fell towards $49 a barrel on Monday, pressured by high output from Middle East OPEC members and as a stronger…
Iran says to cooperate with OPEC to stabilise the oil market: IRNA
Iran's oil minister said Friday that Tehran would cooperate with Organization of the Petroleum Exporting Countries…
Morgan Stanley throws cold water on hints of any OPEC freeze deal
Energy investors got all excited last week on hints of a freeze deal among major oil producers, but anyone hoping…
Oil prices rise as potential supply cuts remain in focus
Oil prices rose on Thursday, with Brent topping $50 a barrel for the first time in six weeks, as traders continued…
IEA cuts oil demand forecast weighed by economic uncertainty
The world will consume less oil next year than previously thought as a climate of economic insecurity continues,…
Oil drops as glut, profit-taking beat back optimism over OPEC meet
Crude prices inched lower Tuesday on continued worries over a global oil glut and as investors took profits on…
Oil rises on new output freeze calls, but traders bet on further falls
Oil prices rose on Monday, lifted by reports of renewed talks by some members of the Organization of the Petroleum…
OPEC delegates say Saudi comments show higher oil price desire
OPEC delegates say comments from top exporter Saudi Arabia, which two years ago led the group to drop its historic…