Oil supply not affected by Houthi tanker attack- S’ Arabia

Saudi Energy Minister, Khalid al-Falih, said on Wednesday that oil supplies was not affected by an…

Oil prices rise over possible extension of output cuts

Crude oil prices rose on Friday after the Saudi Energy Minister, Khalid al-Falih, said OPEC would…

Oil rises towards $65 on Saudi commitment to curb output, weak dollar

Oil rose towards $65 barrel on Thursday, supported by Saudi Arabia’s comment that it would rather…

Oil dips from highs but OPEC cuts still support market

Oil prices dipped on Friday but stayed near their highest levels since 2015 on pledges from…

Oil falls as UK North Sea oil pipeline moves closer to restart

Oil prices fell on Thursday after the operator of Britain’s Forties pipeline in the North Sea…

Oil market fundamentals heading in right direction-Saudi’s Falih

Saudi Energy Minister Khalid al-Falih said the oil market is heading in the right direction but…

OPEC panel looking at deepening, extending oil cuts -Sources

An OPEC panel reviewing scenarios for the oil producer group’s meeting next week is looking at…

Saudi oil minister says no “free rides” for non-OPEC producers

Saudi oil Minister, Khalid al-Falih said on Tuesday that oil market fundamentals were improving as an agreement…

Oil price down cycle ‘nearing end’, says Saudi minister

Saudi Oil Minister Khalid al-Falih said Sunday that the current down cycle of crude prices is…