OPEC

IEA chief says oil price bottoming depends on global growth

KITAKYUSHU, JAPAN: International Energy Agency (IEA) chief Fatih Birol said on Sunday that oil prices… Read More

IMF urges Gulf states to adapt to lower oil prices

DUBAI: The International Monetary Fund forecast Monday economic growth in the six-nation Gulf Cooperation Council… Read More

Iran not sending representative to OPEC meet: minister

TEHRAN: Iran will not be sending any representative to a key oil summit in Doha… Read More

Oil rebounds above $40, with eyes on Doha

LONDON: The oil market rebounded sharply this week, with Brent back above $40 per barrel,… Read More

Oil prices rise on lower US rig numbers

SINGAPORE: Oil prices edged up in Asia on Monday, recovering slightly from last week's decline,… Read More

Oil prices dip as market reacts calmly to Brussels attacks

SINGAPORE: Oil prices eased Wednesday as traders reacted calmly to the Brussels attacks and kept… Read More

Oil prices above $41 as OPEC predicts ‘moderate’ rebound

SINGAPORE: Oil prices resumed their rise in Asia on Tuesday, staying above $41 a barrel,… Read More

Oil back below $40 as Iran dashes hopes for quick deal on output

LONDON: Oil fell around 3 percent on Monday after Iran dashed hopes of a coordinated… Read More

Oil prices fall in Asia but Brent stays above $40

SINGAPORE CITY: Oil prices dipped in Asia Tuesday but Brent crude stayed above $40 a… Read More

Oil prices extend gains

LONDON: Oil prices extended gains Monday, boosted by strong US jobs growth data and a… Read More

Oil prices fall as oversupply worries return

SINGAPORE: Oil fell in Asia on Thursday, ending a brief rally stoked by news US… Read More

Oil prices extend losses in Asia

SINGAPORE: Oil prices fell further in Asia Wednesday after OPEC kingpin Saudi Arabia shut the… Read More

Oil rally halted by US stockpiles rise, Saudi rejection of output cuts

SINGAPORE: Oil prices fell in Asia Friday after a sharp rise in US crude stockpiles… Read More

Oil prices recover ahead of Iran-Iraq talks

SINGAPORE: Crude prices recovered in Asia Wednesday ahead of a meeting between the Iranian and… Read More

Oil extends rally on prospects OPEC could act to counter low prices

LONDON: Oil prices rose on Monday, extending a rally triggered last week by speculation that… Read More

Oil bosses upbeat on market rebound

LONDON: Movers and shakers from the oil industry descended on London last week and expressed… Read More

Oil prices up in Asia, analysts temper hopes on Russia-OPEC talks

SINGAPORE: Oil extended a recent rally in Asia Friday, boosted by weakness in the dollar… Read More

Oil prices resume slide in Asia

SINGAPORE: Oil prices resumed their slide in Asia Wednesday as long-running concerns over the saturated… Read More

US crude falls below $28 as IEA warns market could ‘drown in oil’

SINGAPORE: US crude tumbled below $28 a barrel in Asia on Wednesday, hitting new 12-year… Read More

Iran-Saudi crisis punches another hole in OPEC unity

PARIS: Escalating diplomatic tensions between Iran and Saudi Arabia have added fresh strains on OPEC's… Read More