Oil prices climb as OPEC meets to persuade non-members to cut oil production
The Organization of Petroleum Exporting Countries (OPEC) will meet on Saturday non-OPEC nations in Vienna with the…
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Organization of Petroleum Exporting Countries
Suez Canal revenue expected to surge after OPEC oil cuts, analysts say
Analysts expect OPEC’s recent oil production cuts will revitalise maritime movement through Egypt’s waterway Suez…
Oil prices up on Saudi support, China; poll shows less OPEC output
Oil prices climbed 3 percent Monday after China moved to boost its slowing economy and Saudi Arabia pledged to work…
Proposed OPEC emergency meeting may hurt market: Iran oil minister
Iran's oil minister said on Friday any emergency meeting of the Organization of Petroleum Exporting Countries would…
Oil Prices steady but Indications rally running out of Steam
Crude oil prices were broadly unchanged in early trading on Tuesday, as firm demand supported and ample supply…
Saudis to Non-OPEC Producers: Cut Your Own Output, We’re Good
Saudi Arabia and the United Arab Emirates reiterated pledges to keep pumping the same amount of crude, blaming…
Global Oil Prices Slide, Rout Undeterred by U.S. Jobs Data
Global oil prices slid further on Friday, with Brent on track for the first weekly close below $70 a barrel since…
Iran, Venezuela, Russia May Face Pain from Cratering Oil Prices
Falling oil prices are good news for the average U.S. consumer. But tanking oil is likely to crimp the fiscal…
IEA Warns of Declining Libya, Iraq Oil Supplies
The International Energy Agency Friday warned of declining supply from OPEC members Libya and Iraq even as it…
Saudi Shares Fall On Oil Prices, Fed Economic Forecast
Shares in Saudi Arabia, the only Gulf Arab stock market open on Saturdays, fell the most in more than a week as oil…
