Oil rose further Friday after a dramatic rebound from multi-year lows but stayed below $30 a barrel on fears the deadly coronavirus will push the ...
Saudi Arabia is committed to ensuring oil market stability after a US decision to end sanction exemptions for Iran’s customers, the ...
Oil prices edged up on Monday toward a 2019 high achieved last week as sanctions and political uncertainty tightened supply in several producer ...
UAE Energy Minister Suhail Al Mazroui has said that Qatar’s decision to withdraw from OPEC would not affect the continuation of production.Al ...
Oil prices fell on Monday, as concern over the global economy put crude on track for its biggest monthly fall since mid-2016. Brent crude ...
Says Riyadh and fellow members of the Gulf want moderation
Analysts were cautious about the one-week fall, saying prices were still under the pressure of ample supplies
Iranian state TV quoted Iran's oil minister as saying on Tuesday
Oil market is ‘excellent,’ says Saudi Deputy Oil Minister Prince Abdulaziz Bin Salman Bin Abdulaziz
West Texas Intermediate for delivery in April slid $1.15 to $49.61 on the New York Mercantile Exchange
Naimi also urged non-OPEC producers to help balance the oil market, saying it was not up to Saudi Arabia to subsidize higher-cost producers
Brent crude traded around $49.81 a barrel by 1218 GMT, down 36 cents
Spot gold was up 0.7 percent at $1,211.50 an ounce at 1041 GMT, having earlier touched a peak of $1,214.40
As the year closes, one of the most far-reaching events has been the extreme drop in the global price of oil
The rebound occured despite concerns about abundant global supplies and weaker economies in Europe and China
Global oil prices plunged Friday to new multi-year lows after the OPEC the decision despite an oversupplied market
Why aren’t officials being transparent and honest? Why aren’t they talking more about this issue and what could happen in the next few days?
The two countries seem to have a rather similar view over many things on the agenda as well as common interests in the development of bilateral ties
Oil prices have declined sharply since June, hitting the state coffers of energy-dependent countries
Brent crude fell toward $84 a barrel on Tuesday, after top oil exporter Saudi Arabia cut prices to the U.S.
Brent oil prices have tanked by nearly 25 percent since June as ample supply coincided with weak demand
Baghdad reiterated that only the Ministry of Oil was authorized to carry out oil sales
The oil market is stable and prices are steady, two oil ministers said on Sunday, weeks ahead of an OPEC meeting to decide whether the group needs to ...
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