OPEC
Analysis – OPEC would miss ‘friend Trump’, wary of strains under Biden, sources say
Key members of OPEC are wary that strains in the OPEC+ alliance could reemerge with Joe Biden as U.S. President, sources close…
Oil prices down again as resurgence of coronavirus cases threatens recovery
Oil prices slipped for a fourth straight day on Tuesday on worries a resurgence of coronavirus cases globally is stifling a promising…
OPEC turns 60
In 1973, Arab members of the Organization of Petroleum Exporting Countries brought the U.S. economy to its knees. Now, the cartel created…
Slight gains for oil price as Asian demand rebounds
Crude oil gained more ground on Tuesday, with prices underpinned by expectations of U.S. stimulus and a rebound in Asian demand as…
OPEC+ to meet Saturday on extending cuts
OPEC and its allies led by Russia will meet on Saturday to discuss extending record oil production cuts and to approve a…
Oil price steadies, but still 45% down this year
Oil prices edged up on Monday in sluggish trading with holidays in Singapore, London and New York, as rising concerns over demand…
Top oil producers agree on ‘historic’ cuts to boost prices
Top oil-producing countries agreed Sunday on “historic” output cuts in a bid to boost plummeting oil prices due to the new coronavirus…
Oil prices fall again despite Opec+ deal to cut production
Oil prices dropped on Friday as traders feared that an Opec deal to slash global supplies by 10% would not offset a…
OPEC calls for big oil production cut
The OPEC oil cartel is calling for a deep production cut to keep crude prices from falling further as disruption to global…
Photo Story: OPEC meeting in Vienna
Austrian health professionals wait to check the body temperature of participants at the 178th Extraordinary Meeting of the Organization of Petroleum Exporting…
OPEC meeting breaks up without agreement
A meeting of the OPEC group of major oil-exporting countries broke up late Thursday without agreement on cutting production to head off…
OPEC gearing up for deeper oil cuts
OPEC is gearing up to deepen production cuts later this week but still needs to agree with allies such as Russia over…