#OPEC

Oil prices edged higher on a weaker dollar and diplomatic tensions in the Gulf, but Brent held below the $50 per barrel level that was

Suhail bin Mohammed al-Mazroui, the United Arab Emirates Energy Minister, Friday said he hopes global oil supplies will start

Oil prices traded higher on Wednesday, supported by a strong gasoline market, but rising output from OPEC producers revived concerns

Ecuador has dealt a blow to OPEC unity by announcing it will start raising oil production this month, arguing it needs the money. OPEC

Oil traded near $46 a barrel as crude production rebounded in Libya, an OPEC member exempt from output kerbs. Futures gained 0.3

The world is awash with oil, but in pockets of the market lower-quality, sulphur-rich crude is limited and buyers are competing for

Nigeria, Africa’s largest economy by gross domestic product, presently on a crude oil life support, owing to decades of dependency on

The price of a barrel of Brent crude has more than halved over the past five years, triggering an existential crisis for the world’s

Recovery in oil production in Nigeria and Libya led to a hike in total Organisation of Petroleum Exporting Countries (OPEC) output in

Oil futures were little changed in New York, trading near $44 a barrel following a report that Saudi Arabia exceeded its agreed-upon