OPEC output cut

VIENNA (AP) — The oil-producing countries of the OPEC cartel are proposing a deep production cut of 1.5 million barrels…

Oil prices fell in thin trade on Tuesday after the Easter holiday break shut many markets for as long as…

The dollar saw its biggest drop in almost a month on Monday, as a bashing for oil prices on doubts…

Non-OPEC producers made no specific commitment on Saturday to join the Organisation of the Petroleum Exporting Countries in limiting oil…

Crude prices rebounded on Monday after Algeria's energy minister said the day before that all options were possible for an…

Oil prices tumbled 4 percent on Friday on signs Saudi Arabia and arch rival Iran were making little progress in…

Saudi Arabia has offered to reduce oil production if rival Iran agrees to cap its own output this year, in…

A spike in tensions between arch-rivals Saudi Arabia and Iran appeared on Sunday to ruin prospects of the first binding…

OPEC is very unlikely to cut output at its next meeting in June, even if prices remain extremely low, according…

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