OPEC

The fate of the first global oil deal in 15 years could be decided on Wednesday when OPEC members travel…

Top global oil exporters including Russia and Saudi Arabia agreed on Tuesday to freeze output to tackle a global glut…

Russia wants to see improved relations between Iran and Saudi Arabia at a time when joint action is needed to…

As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted…

Iran's oil minister said on Friday any emergency meeting of the Organization of Petroleum Exporting Countries would hurt the crude…

 Oil prices rose modestly on Friday, still within reach of 11 and a half-year lows, boosted by a recovery in…

It used to be said of OPEC that it was like a teabag – it only worked in hot water.

Market pressures that slashed the price of oil to below $50 per barrel appear to be easing, the OPEC oil…

Saudi Arabia's OPEC governor Mohammed al-Madi said on Sunday that he believed it would be difficult for oil to reach…

Oil prices may stay depressed until summer due to weak seasonal demand even as Saudi Arabia's strategy of curbing the…