By Jessica Resnick-Ault
NEW YORK - Oil ended slightly higher on Wednesday but remained below the session's early highs above $40 a barrel, the highest since March,..
Oil prices rose on Tuesday, with traders waiting to see whether major producers agree to extend their huge output cuts to shore up prices at a virtual meeting expected la..
OPEC and Russia are moving closer to a compromise on the duration for extending current oil output cuts and are now discussing a proposal to rollover supply curbs for one..
Oil prices fell nearly 1% on Monday as traders hedged bets with the Organization of the Petroleum Exporting Countries (OPEC) considering meeting as soon as this week to d..
MOSCOW/DUBAI/LONDON - OPEC President Algeria has proposed bringing forward the next meeting of the oil producing group and its allies, known as OPEC+, to June 4 fro..
By Alex Lawler, Vladimir Soldatkin and Ahmad Ghaddar
LONDON/MOSCOW/DUBAI - Saudi Arabia and some other OPEC oil producers are considering extending record high output ..
Crude oil prices continued gaining momentum on Thursday on improved demand amid opening up of economies globally. Further, declining stocks in the US also supported the p..
By Alex Lawler
LONDON - OPEC is encouraged by a rally in oil prices and strong adherence to its latest output cut, its secretary general said, although sources s..
By Aref Mohammed and Ahmed Rasheed
BASRA, Iraq/ BAGHDAD - Iraq is cutting its oil output by around 700,000 barrels per day (bpd), a third less than required under..
LONDON - Saudi Arabia's cabinet has urged OPEC+ countries to further reduce oil production rates to restore balance in global crude markets, state news agency (SPA) r..
DUBAI - A Saudi Arabian energy ministry official said on Monday that the ministry has directed national oil company Aramco to reduce its crude oil production for Ju..
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