Oil surges on Tuesday’s opening
Oil surged on Tuesday as China's economy outpaced expectations and tensions escalated in the Middle East.
Browsing Tag
Organization of the Petroleum Exporting Countries
Saudi Aramco requested to cut max capacity target back to 12 mbpd
Saudi Aramco said on Tuesday it was directed to lower its planned maximum sustainable oil production capacity from…
OPEC to extend oil production curbs as meeting starts in Vienna
Ahead of a meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies in Vienna, the…
Russian energy minister: Compliance for OPEC production cut is ‘almost 100%’
The Organization of the Petroleum Exporting Countries (OPEC) has basically fully implemented an oil production cut,…
OPEC just created a big opportunity for US oil firms: Exports to Asia
OPEC's last week agreement to cut oil production will be creating an opportunity for U.S. oil producers to get…
Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting
Iran and Iraq are resisting pressure from Saudi Arabia to curtail oil production, making it hard for the…
Saudi energy minister Khalid al-Falih: Oil market will balance without output cuts
Saudi Arabia's energy minister Khalid al-Falih revealed Sunday that he believed the oil market would balance itself…
US oil settles at $43.41 a barrel, down $1.25, or 2.80%
Oil prices tumbled more than 2.5 percent on Friday after OPEC said October output reached another record, casting…
OPEC oil production surge to record highs in September; says IEA
OPEC's oil production surged to record highs in September, a top energy watchdog said on Tuesday, underscoring the…
Russia’s Rosneft chief Sechin says no to OPEC oil cut or freeze
Igor Sechin, Russia's most influential oil executive and the head of Kremlin energy giant Rosneft, said his company…
