OPEC

Oil prices rise, set for third weekly gain

SINGAPORE,Singapore (AFP) -- Oil prices climbed in Asia on Friday, heading for their third weekly gain after OPEC said it…

Oil prices tumble after Saudi-Iran tensions sink output deal

(Reuters)   Oil prices tumbled on Monday after a meeting by major producers in Qatar collapsed without an agreement to freeze…

Oil prices plunge after Doha output talks fail

SINGAPORE, Singapore (AFP) -- Oil prices plunged on Monday after the world's top producers failed to reach an agreement on capping…

Crude holds above $40 in Asia ahead of producers’ summit

  SINGAPORE, Singapore (AFP) --  Crude prices dipped in Asia Tuesday but held above $40 as traders looked forward to…

OPEC may implement production freeze in March

VENEZUELA, South America - The Organization of Petroleum Exporting Countries or OPEC will conduct a meeting to discuss the possibility…

Crude prices down as doubts over production freeze linger

SINGAPORE, Singapore (AFP) -- Oil prices dipped in Asia Tuesday after mounting a strong rally the day before as traders remain doubtful…

Oil prices now down in Asia

  Oil prices dipped in Asia Tuesday after mounting a strong rally the day before as traders remain doubtful that…

Oil in ‘tumultuous’ week after output freeze deal

  by Roland Jackson LONDON, United Kingdom (AFP) --  The oil market was gripped this week by an output freeze…

Oil rally halted by US stockpiles rise, Saudi stance on cuts

SINGAPORE (AFP)-- Oil prices fell in Asia Friday after a sharp rise in US crude stockpiles and Saudi Arabia's rejection of…

Venezuela devalues bolivar, raises fuel price amid crisis

CARACAS, Venezuela (Reuters) -- Venezuelan President Nicolas Maduro on Wednesday (February 17) devalued the currency and raised heavily subsidized fuel…

Iran starts talks on oil output levels

TEHRAN, Iran (AFP) -- Iran's oil minister started talks Wednesday with his Iraqi, Venezuelan and Qatari counterparts as investors watched whether…

US crude rebounds in Asia but supply glut worries weigh

SINGAPORE, Singapore (AFP) -- Oil prices rebounded on bargain-buying in Asia Wednesday after the previous day's plunge but analysts warned any…

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