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All Stories: Oil Market

OPEC+ impasse risks price war as demand surges

LONDON: Stalled talks by top oil producers over releasing more supply could deteriorate into a price war just as COVID-19 vaccines are sending demand...

Kuwait oil minister sees balanced oil market towards end 2019

The oil market is expected to be in balance towards the end of 2019, as global inventories fall and demand remains strong

Saudi, Russian energy ministers agree continued oil market coordination

DUBAI: Saudi Energy Minister Khalid al-Falih discussed the oil market developments with his Russian counterpart, and both agreed to continue close coordination in the...

Trump blasts OPEC, warns European companies against Iran ties

BERKELEY HEIGHTS: US President Donald Trump lashed out at the Organization of the Petroleum Exporting Countries (OPEC) with a warning to stop manipulating oil...

OPEC output cut may hasten oil market rebalance: IEA

SINGAPORE: The oversupplied oil market will be rebalanced earlier than expected if major crude producers implement a deal to cap output when they meet...
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