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Qatar is to leave OPEC next month in order for the Gulf state to focus on gas production, the country’s new Energy Minister Saad...
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Qatar is to leave OPEC next month in order for the Gulf state to focus on gas production, the country’s new Energy Minister Saad...
President Vladimir Putin said Saturday that Russia and OPEC kingpin Saudi Arabia had agreed to renew a pact on oil production cuts, as crude...
Russia is happy with the current oil price level of around $60 dollars per barrel, President Vladimir Putin said on Wednesday, despite a recent...
Saudi Arabia’s energy minister called Monday for a global output cut of one million barrels per day to re-balance the market, as Riyadh unveiled...
Major oil producers said Sunday that crude supply next year would outstrip demand, calling for new strategies based on production adjustments. Khalid al-Falih, Energy...
Major oil producers meet in Abu Dhabi on Sunday to consider reverting to output cuts after a sharp slide in crude prices revived fears...
US President Donald Trump is the “main culprit” to blame for a recent surge in oil prices, Iranian Oil Minister Bijan Namdar Zanganeh said...
The head of OPEC said Tuesday that Iran remains “a very important member” of the oil cartel, as Tehran braces for a new round...
The banking group says the power outage at Syncrude Canada’s oil sands facility near Fort McMurray, Alberta this past week will put production offline...
OPEC energy ministers on Friday said they would be putting more oil onto the market to meet “extra demand”, reaching a last-ditch compromise in...