OPEC

US stocks rise again, oil rallies ahead of OPEC meeting

NEW YORK, United States (AFP) -- US stocks continued to rebound from last week's rout on Monday, rising for the…

Saudi says it is ‘committed’ to oil market stability

RIYADH, Saudi Arabia (AFP) -- Saudi Arabia is committed to stabilizing the global oil market, the energy ministry of the…

Oil market already starting to rebalance: Kuwait

KUWAIT CITY, Kuwait (AFP) -- Oil markets have already begun to rebalance after strong signs that producers are complying with…

Saudi minister optimistic about oil market stabilisation

ABU DHABI, United Arab Emirates (AFP) -- Saudi Energy Minister Khaled al-Falih said Thursday he was optimistic about a stabilization…

Oil soars as non-OPEC producers agree on caps

SINGAPORE , Singapore (AFP) -- Oil soared Monday following a landmark deal by Russia and other non-OPEC producers to join…

OPEC agrees to cut production

(Reuters) -- The first of its kind in eight years: OPEC finally agreed to cut output. Taking the biggest hit:…

Putin, Iran’s Rouhani back OPEC bid to stabilise oil prices

MOSCOW, Russia (AFP) -- Russian President Vladimir Putin and his Iranian counterpart Hassan Rouhani on Monday expressed support for OPEC's…

Iran oil production to hit 4m bpd by March: minister

  TEHRAN, Iran | AFP | Monday 10/17/2016 - 18:29 GMT+8 | 201 words Iran said Monday its oil production…

Oil prices down on doubts over OPEC deal

  SINGAPORE, Singapore (AFP) -- Oil prices fell in Asia Friday as doubts emerged over the long-term success of a surprise…

OPEC shock markets with oil output cut deal

  by Martin Abbugao SINGAPORE, Singapore (AFP) -- OPEC shocked markets with a deal to cut oil output after kingpin Saudi…

 Oil continues decline on supply glut

Singapore (AFP) --  Oil prices fell for a third day in Asia trade Thursday after figures showing high US crude…

OPEC fails to agree in limiting oil production

QUEZON City, Philippines - The Organization of Petroleum Exporting Countries failed once again to agree on its aim to limit…

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