OPEC

Saudi, UAE oil ministers voice ‘concerns’ over price swings

RIYADH, Saudi Arabia (AFP) -- The Saudi and Emirati energy ministers voiced concerns on Thursday over oil price fluctuations, saying…

OPEC institution offers funding for “Build, Build, Build” projects

A financial institution established by the Organization of Petroleum Exporting Countries (OPEC) to help reduce poverty in developing countries has…

Saudi ready to raise oil supply after US pullout from Iran deal

RIYADH, Saudi Arabia (AFP) -- Saudi Arabia, the world's largest oil exporter, has said it will take all necessary measures…

OPEC chief expects 2018 oil market balance

ABU DHABI, United Arab Emirates (AFP) -- OPEC chief Suhail al-Mazrouei said Tuesday he expected the global oil market to…

Saudi Arabia calls for oil producers to extend cooperation

by Khaled Orabi in Muscat with Omar Hasan in Dubai Agence France Presse MUSCAT, Oman (AFP) -- Top oil exporter…

Saudi oil minister reaffirms OPEC output squeeze

RIYADH, Saudi Arabia (AFP) -- Saudi Energy Minister Khaled al-Faleh said Monday that oil producing nations could start discussing in…

Oil producers set to maintain squeeze

by Joseph Sotinel and Simon Sturdee Agence France Presse VIENNA, Austria (AFP) -- Oil-producing nations inside and outside OPEC are…

OPEC chief welcomes rebalancing of oil market

LONDON, United Kingdom (AFP) -- OPEC secretary general Mohammed Barkindo welcomed Thursday the rebalancing of the world oil market, hinting…

Oil producers may not need to extend cuts: Kuwait

KUWAIT CITY, Kuwait (AFP) -- Oil producers may not need to roll over a deal to cut production beyond March…

Oil languishes near multi-month lows on glut fears as Saudi Arabia appoints new crown prince: analyst reaction

Reuters -- Oil prices held near multi-month lows on Wednesday (June 21) as investors discounted evidence of strong compliance by…

Asian energy firms sink as OPEC output deal disappoints

HONG KONG, China (AFP) -- Energy firms took a hit on Friday after crude prices plunged almost five percent the…

Oil producers extend output cuts into 2018

by Simon Sturdee and Joseph Sotinel Agence France Presse VIENNA, Austria (AFP) -- Oil producers within and outside the Organization…

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