Tag: OPEC

Oil prices were steady Tuesday, as traders weighed up the dampening effect on demand of Hurricane Irma versus refinery restarts ...

Jose Maria Botelho de Vasconcelos, Angola’s Petroleum Minister said it is essential for the southern African nation’s economy that oil ...

Two more oil fields in Libya are being closed after an armed group took over pipelines to both deposits, further ...

Emmanuel Ibe Kachikwu, Nigeria's oil minister said Thursday that the country's oil production, excluding condensates, was slightly below 1.8 million ...

Oil prices fell Wednesday, weighed down by concerns about rising production from Libya feeding into an oversupplied market and a ...

Oil inched up Tuesday, lifted by expectations of another crude stockpile drawdown in the United States but price gains were ...

Oil prices fell around 1 percent Monday as a rally at the end of last week prompted investors to close ...

Oil prices edged higher Friday, with investors offered some encouragement from data hinting that oversupply was easing steadily and a ...

By Grant Smith Since its creation more than half a century ago, OPEC has become the textbook case of a successful cartel. The ...

Oil output from major U.S. shale plays is poised to reach a fresh record next month, further complicating OPEC’s efforts ...