OPEC

Oil price recovery not backed by fundamentals: OPEC

VIENNA: A recovery in oil prices which began last month is not justified by fundamentals… Read More

Oil prices mixed before US data

LONDON: Oil prices were mixed Wednesday before the release of a key US supply report… Read More

Oil prices down in volatile Asian trade

SINGAPORE: Oil prices fell in Asia Wednesday following a three-day rally as dealers were divided… Read More

Oil prices mixed after King Abdullah's death

NEW YORK: Oil prices traded narrowly mixed Friday after the death of the king of… Read More

New Saudi king expected to keep oil output high

RIYADH: Saudi Arabia's new king is expected to continue a policy of keeping oil output… Read More

No 'significant' change in Saudi oil policy after king's death: IEA

DAVOS, SWITZERLAND: The chief economist of the International Energy Agency said Friday there would be… Read More

Oil jumps as Saudi king's death feeds market uncertainty

SINGAPORE: Oil prices jumped in Asian trading on Friday as news of the death of… Read More

Oil prices edge lower in Asian trade

SINGAPORE: Oil prices edged lower in Asia Monday as a rally late last week fizzled… Read More

Oil market rebounds, lifted by IEA report

NEW YORK: World oil prices rebounded Friday after the International Energy Agency declared there were… Read More

Oil prices edge up in Asian trade

SINGAPORE: Oil prices rebounded in Asia Friday after plunging in the previous session in reaction… Read More

Oil prices dip further in Asian trade

SINGAPORE: Oil prices on Tuesday slipped further toward six-year lows in Asia after major crude… Read More

Oil prices extend falls; Goldman Sachs slashes forecasts

LONDON: Oil prices renewed their declines on Monday, dropping below $49 a barrel as Goldman… Read More

Oil slides again, hits lowest since April 2009

NEW YORK: Global oil prices resumed their slide on Friday after two days of relative… Read More

Oil hits five and a half year low under $55 on supply glut

LONDON: Oil prices dropped to fresh 5-1/2-year lows on Monday on worries about a surplus… Read More

Oil hits five-and-a half-year low below $57 on supply glut

LONDON: Brent crude oil fell to a 5-1/2-year low below $57 a barrel on Tuesday as a… Read More

Saudi projects big deficit in 2015 after oil price drop

RIYADH: Saudi Arabia, the world's largest crude exporter, on Thursday announced a 2015 budget with… Read More

Oil slides after Saudi's Naimi says OPEC won't cut output

NEW YORK: Oil prices resumed their downward march on Monday, doubling back on the biggest one-day… Read More

Oil prices extend gains in Asia

SINGAPORE: Oil prices rose in Asia on Monday, extending a sharp rebound at the end… Read More

Oil rebounds in volatile year-end trade

SINGAPORE: Oil prices edged up in Asia Friday after falling sharply in the previous session,… Read More

Oil prices sink further in Asian trade

SINGAPORE: Oil suffered fresh losses in Asia Wednesday, sinking to new multi-year lows as dealers… Read More