OPEC

US plan to end Iran oil exports ‘a fantasy’: Rouhani

BERN: A plan by the United States to cut Iran's oil production to zero is… Read More

Saudi Arabia says ready to pump more oil to balance market

RIYADH: Saudi Arabia, the world's top crude exporter, said on Tuesday it was prepared to… Read More

Trump blasts OPEC, warns European companies against Iran ties

BERKELEY HEIGHTS: US President Donald Trump lashed out at the Organization of the Petroleum Exporting… Read More

Iran urges OPEC members to refrain from unilateral actions

DUBAI: Iran has asked fellow OPEC members to “refrain from any unilateral measures”, warning that… Read More

Oil rises amid outages, but OPEC policy and escalating trade rows weigh

LONDON: Oil prices rose on Tuesday, supported by Canadian production losses and uncertainty over Libyan… Read More

Oil up almost 3 percent as OPEC agrees to raise output

Oil prices rose almost 3 percent as OPEC agreed a modest increase in output. Read More

Opec oil ministers gather to discuss production increase

VIENNA: The oil ministers of the Opec cartel were gathering on Tuesday to discuss this… Read More

Saudis see oil price on rise as Trump blasts OPEC

Saudi Energy Minister Khaled al-Faleh said the global market has the capacity to absorb higher… Read More

Saudi Arabian oil minister hopes OPEC, allies can ease output curbs in 2019

NEW DELHI: Saudi Arabia hopes OPEC and its allies will be able to relax production… Read More

Saudi Arabia calls for oil producers to extend cooperation

MUSCAT: Top oil exporter Saudi Arabia called Sunday for extending cooperation between OPEC and non-OPEC… Read More

US to overtake Saudi Arabia as crude oil producer: IEA

PARIS: The United States are set to overtake Saudi Arabia as the world's number two… Read More

Iran raises oil exports to West, almost on par with Asia

TEHRAN: Iran's oil exports to the West surged in May to their highest level since… Read More

Dar urges SAARC to expedite trade liberalisation program

YOKOHAMA, JAPAN: Finance Minister Ishaq Dar on Friday emphasised on the need to expedite process… Read More

Oil and gold prices rise after US airstrikes in Syria

The oil and gold prices have reportedly surged in global market in wake of recent… Read More

Govt announces Rs 1 hike in petrol, diesel prices

DUBAI: Finance Minister Ishaq Dar on Friday announced increment in prices of petroleum products here… Read More

Oil rises as OPEC-led output cuts trim oversupply

LONDON: Oil strengthened slightly on Tuesday, supported by an OPEC-led effort to cut output while… Read More

Oil prices stabilize as Russia joins OPEC in production cut

SINGAPORE: Oil steadied on Wednesday as Russia joined OPEC in cutting production to try to… Read More

Saudi minister optimistic about oil market stabilisation

ABU DHABI: Saudi Energy Minister Khaled al-Falih said Thursday he was optimistic about a stabilisation of… Read More

Oil steady in quiet holiday season trade; supply cut deal to kick in Jan 1

TOKYO: Oil prices were little changed on Tuesday in light pre-New Year holiday trading with… Read More

OPEC and other oil giants agree cuts in ‘historic’ deal

VIENNA: Eleven countries agreed on Saturday to cut their oil output, teaming up with the… Read More