Topic

opec

Displaying 10 out of 161 results

  1. FILE PHOTO: The OPEC logo is seen at OPEC's headquarters in Vienna

    OPEC, partners discuss oil supply cut of up to 1.4 million bpd: sources

    OPEC and its partners are discussing a proposal to cut oil output by up to 1.4 million barrels per day (bpd) for 2019, three sources familiar with ...
  2. FILE PHOTO: Oil pours out of a spout from Edwin Drake's original 1859 well that launched the m

    Oil struggles to find footing after 7% slide as outlook darkens

    Oil markets struggled to find their footing on Wednesday after plunging by 7 percent the previous session, with surging supply and the specter of ...
  3. FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing

    OPEC warns of 2019 oil glut as demand slows, rival supply rises

    OPEC warned on Tuesday that an oil supply glut could emerge in 2019 as the world economy slows and supply from rival producers rises more quickly ...
  4. FILE PHOTO: A man fixes a sign with OPEC's logo next to its headquarters in Vienna

    Exclusive: OPEC, allies struggle to fully deliver pledged oil output boost - internal document

    OPEC is struggling to add barrels to the market after agreeing in June to increase output, an internal document seen by Reuters showed, as an ...
  5. FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside a

    Rocked by Trump's sanctions, Iranian oil exports drops further

    Iran's crude exports fell further in the first week of October, according to tanker data and an industry source, taking a major hit from U.S.
  6. oil prices

    Oil price of US$65-US$75 per barrel would 'suit' Russia: Putin

  7. FILE PHOTO: The OPEC logo is seen at OPEC's headquarters in Vienna

    Bill allowing US to sue OPEC drawing renewed interest

    With oil prices hitting fresh four-year highs, long-dormant proposals to allow the United States to sue OPEC nations are getting a fresh look in ...
  8. FILE PHOTO: A gas flare on an oil production platform in the Soroush oilfields in Iran

    OPEC oil output boost in September limited by Iran losses: Reuters survey

    OPEC delivered only a limited increase in oil production in September, a Reuters survey has found, as a cut in Iranian shipments due to U.S.
  9. The production facility of Saudi Aramco's Shaybah oilfield is seen in the Empty Quarter

    Saudi Arabia in short-term oil fix, fears extra US supply next year

    Saudi Arabia will quietly add extra oil to the market over the next couple of months to offset a drop in Iranian production but is worried it ...