Huge stocks overhang threatens oil price recovery: IEA
The global glut in oil is refusing to ease and acts as a major dampener on crude prices despite robust demand…
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OPEC
Oil drops as investors lock in gains; surprise U.S. stockpile build
Crude futures fell on Wednesday as investors locked in gains after oil prices surged nearly 5 percent in the…
OPEC sees tighter 2017 oil market, Brexit drag on economy
OPEC on Tuesday gave an upbeat outlook for the oil market in 2017, saying global demand for its crude would be…
European stocks slightly lower with ECB, OPEC meetings on deck
European stocks inched lower Thursday as investors waited to hear about monetary policy from the European Central…
Gulf stock markets mixed ahead of OPEC meeting
Stock markets in the Gulf were mixed in early trade Thursday ahead of an OPEC meeting later in the day that will…
Oil prices tread water ahead of OPEC meeting
Oil prices were steady on Thursday on mixed market signals ahead of an OPEC meeting in Vienna, which analysts said…
Gulf OPEC members plan joint action on oil output
Gulf OPEC members including Saudi Arabia are looking to revive the idea of coordinated oil-output action by major…
Venezuela president declares emergency, cites U.S., domestic ‘threats’
Venezuelan President Nicolas Maduro declared a 60-day state of emergency on Friday due to what he called plots from…
Oil rises as IEA expects biggest non-OPEC output fall in 25 years
Crude prices rose on Thursday, reversing earlier declines, as the International Energy Agency (IEA) said that 2016…
Oil falls as dark clouds appear ahead of producer meeting
Oil prices fell on Thursday as OPEC warned of slowing demand and Russia hinted that there might only be a loose…