OPEC stalls decision to increase supply over sanctions on Iran

  The Organization of the Petroleum Exporting Countries (OPEC) has yet to decide whether to pump…

Supply cuts agreement rescued oil industry- OPEC

  The Organization of the Petroleum Exporting Countries (OPEC) Secretary-General, Mohammad Barkindo, said on Friday that…

Saudi Arabia seeks further rise in crude oil price

Saudi Energy Minister, Khaled al-Faleh on Friday said the global market has the capacity to absorb…

Trump slams OPEC for high crude oil prices

United States President, Donald Trump, has criticized the Organisation of Petroleum Exporting Countries (OPEC) for rising…

OPEC forecast tighter oil markets

  The Organization of the Petroleum Exporting Countries (OPEC), has said that global oil stocks surplus…

Maintain OPEC oil cuts to spur investment- Qatar

Qatar’s Energy Minister, Mohammed al-Sada, has called on the Organization of the Petroleum Exporting Countries (OPEC)…

OPEC seeks long-term supply cuts with other oil exporters

  The Secretary General, Organization of Petroleum Exporting Countries (OPEC), Mohammad Barkindo, has said that the…

Oil sector investment up but not fully recovered- OPEC

Investment in the oil industry is increasing as oil prices recover but has not yet reached…

Crude oil prices rise over possible supply disruptions

Crude oil prices rose on Tuesday, holding above $70 a barrel for a third day, supported…

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…

Crude oil prices rise over Middle East tensions

Crude oil prices rose by almost 1 percent on Tuesday, lifted by a weak dollar, tensions…

Oil prices dip over increased U.S. drilling

Crude oil prices fell on Monday as increased drilling in the United States pointed to more…