OPEC

OPEC

Displaying 10 out of 133 results

  1. FILE PHOTO: An offshore oil rig is seen in the Caspian Sea near Baku

    Oil extends losses into second session; Russia, OPEC output in focus

    Oil prices edged down on Tuesday after a Russian minister said the nation and OPEC may boost crude output to fight for market share, checking a ...
  2. FILE PHOTOPumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang

    Oil prices fall, but on track for weekly gain

    Oil prices fell on Friday, with Brent slipping away from the US$70 mark after briefly rising above that level in the previous session, as traders ...
  3. FILE PHOTO: The corporate logo of state oil company PDVSA is seen on a tank at an oil facility in L

    Exclusive: Venezuela's PDVSA braces for low output from crucial crude upgraders

    Venezuelan state-owned oil company PDVSA expects its crucial crude upgraders to operate well below capacity this month, according to industry ...
  4. FILE PHOTO: The sun sets behind a pump-jack outside Saint-Fiacre

    Oil prices steady despite US crude inventory build, Brent near US$70 a barrel

    Oil prices rose for a fourth day on Wednesday, holding firm despite an industry report showing that U.S. inventories rose unexpectedly last week, ...
  5. FILE PHOTO: The sun sets behind a pump-jack outside Saint-Fiacre

    Oil hits 2019 high on OPEC cuts, concerns over demand ease

    Oil prices rose to fresh highs for the year on Tuesday, after a U.S. official said Washington is considering more sanctions on Iran and a key ...
  6. FILE PHOTO: FILE PHOTO: An oil pump jack pumps oil in a field near Calgary

    Oil prices hit by worries of sharp economic slowdown

    Oil prices kicked off the week's trading with losses as concerns of a sharp economic slowdown outweighed supply disruptions from OPEC's production ...
  7. FILE PHOTO: Saudi Arabia's Energy Minister Khalid al-Falih speaks during the Saudi-India Forum

    Saudi Falih optimistic on continued commitment to OPEC+ oil supply cut

    Saudi Arabia's energy minister said on Sunday he was optimistic about continued commitment to the oil supply cut agreement between OPEC and ...
  8. FILE PHOTO: OPEC Secretary General Mohammed Barkindo seen during his visit to Abuja, Nigeria

    OPEC's Barkindo says rebound in oil investments 'very minimal'

    The investments needed to ensure stability in the global oil industry are returning after a downturn, but the pace is still slow, OPEC Secretary ...
  9. Attendees at IHS Markit’s CERAWeek conference watch the keynote address by U.S. Secretary of State

    All the world a stage: Rising US oil clout on show in Houston

    A glance at the attendee list at one of the world's largest energy industry events in Houston this week left little question about the growing ...