Russia’s Putin, Saudi crown prince discuss OPEC+: Kremlin
MOSCOW (Reuters) – Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman discussed a planned OPEC+ reduction of…
Dow sinks more than 2,000 points amid coronavirus uncertainty and plunging oil prices
Markets are teetering close to bear market territory. March 9, 2020, 8:48 PM 6 min read Coronavirus fears and the…
Saudi, Russia push through deeper new oil cuts
(Reuters) – Saudi Arabia and Russia spearheaded a deal on Friday in which OPEC and its allies committed to some…
OPEC set to extend oil supply cut as Iran endorses pact
VIENNA (Reuters) – OPEC and its allies look set to extend oil supply cuts this week at least until the…
Russia, Saudi deal shows commitment to oil market stability: Novak
FILE PHOTO: Russian Energy Minister Alexander Novak attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia June…
Russia agrees with Saudi Arabia to extend OPEC+ oil output deal
OSAKA/VIENNA (Reuters) – Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC…
OPEC set for oil cut extension if Iran endorses pact
VIENNA (Reuters) – OPEC and its allies look set to extend oil supply cuts next week at least until the…
Exclusive: Saudi’s Falih – U.S., China driving oil demand; no April OPEC policy change
NEW DELHI (Reuters) – Saudi oil minister Khalid al-Falih said on Sunday that China and the U.S. would lead healthy…
Iran says Saudi Arabia and Russia have taken oil market ‘hostage’: SHANA
LONDON (Reuters) – Iran’s OPEC governor said on Saturday that Saudi Arabia and Russia have taken the oil market “hostage”…
Iran says no OPEC member can take over its share of oil exports
LONDON (Reuters) – Iran told OPEC on Sunday no member country should be allowed to take over another member’s share…
Africa prevails in the OPEC in member numbers [Business Africa]
Today Africa prevails in the OPEC, at least in member numbers.* The Republic of Congo is the latest to join…
Congo joins OPEC
The Ministry of Hydrocarbons for the Republic of the Congo has announced that the country has become the fifteenth member…
OPEC agrees modest hike in oil supply after Saudi and Iran compromise
VIENNA (Reuters) – OPEC agreed on Friday on a modest increase in oil production from next month after its leader…
Oil output could return to October 2016 level, says Russia’s Novak
MOSCOW (Reuters) – A return to the oil production levels that were in place in October 2016, baseline for the…
Return to pre-deal oil output levels possible, says Russia’s Novak
MOSCOW (Reuters) – A return to the oil production levels that were in place prior to the 2016 deal to…
OPEC April oil output hits year low on Venezuela slide: Reuters survey
LONDON (Reuters) – OPEC oil output fell in April to a one-year low due to declining production in Venezuela and…