Tag: OPEC

Oil traders are emptying one of the world’s largest crude storage facilities, located near the southernmost tip of Africa, as ...

Iraq doesn’t see a need for more collaborative oil production cuts currently, but it would support consensus within OPEC if ...

Since the beginning of the year, members of the Organisation of Petroleum Exporting Countries (OPEC) and their allies have been ...

Oil markets were firm Monday and remained near multi-month highs reached late last week as the number of U.S. rigs ...

Though oil prices opened the week lower, there are expectations Friday that they are on course for weekly gains, the ...

Oil traded near a five-week high after the International Energy Agency and OPEC boosted their forecasts for crude demand. Futures ...

Oil rose as the International Energy Agency forecast the strongest demand growth in two years, while OPEC was said to ...

Minister Issam Almarzooq, Kuwait’s oil minister said OPEC and allied oil producers will keep reviewing options for their agreement to ...

Algeria’s new government will introduce Islamic finance and develop its stock market to draw more investment into the economy as ...

OPEC and its allies are discussing extending the oil production cuts that expire in March 2018 by more than three ...