Tag: Opec

VIENNA: OPEC is deciding whether to extend its current deal to cut production for six to nine months as the oil cartel faces a...

Iran has no plans to leave the Organisation of the Petroleum Exporting Countries (Opec), Oil Minister Bijan Zanganeh said in an interview published by...

DOHA: Qatar is to leave the Organisation of Petroleum Exporting Countries next month, the Gulf state's new energy minister, Saad al Kaabi, announced on...

BERKELEY HEIGHTS: President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on US ally Saudi...

NEW YORK: Saudi Arabia and Russia are working on a historic long-term pact that could extend controls over world crude supplies by major exporters...

King Salman, President Putin likely to discuss extending oil production cuts ahead of OPEC oil cartel meeting MOSCOW: Saudi King Salman arrived in Moscow...

Eleven countries agreed on Saturday to cut their oil output, teaming up with the OPEC cartel in an exceptional bid to end the world’s...

OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group's leader Saudi Arabia softening its stance...

Iran's President Hassan Rouhani said Tehran supports any move to stabilize the global oil market and lift prices, the Iranian oil ministry news agency...

    Oil prices retreated in Asia trade after rebounding overnight on news that OPEC is planning informal talks next month – a sign it could...

  OPEC said Tuesday it expected the global supply glut to ease further this year and next thanks to reductions in oil output from producers...

OPEC on Wednesday cut its forecast for global oil demand growth in 2016 and warned of further reductions citing concern about Latin America and...

  Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said the deal was contingent on other producers joining...

  The OPEC oil cartel has issued its strongest plea to date for a pact with Russia and rival producers to cut crude output and...

  The OPEC oil cartel sees only a gradual improvement in the global crude market, with prices recovering to above $70 per barrel after four...

OPEC maintained its policy of pumping near-record volumes of oil at a meeting on Friday, according to sources at the group, taking no steps...

Oil prices climbed in Asia Tuesday ahead of a key meeting of the Organization of Petroleum Exporting Countries (OPEC) and a report on US...