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A general cooperation agreement between OPEC and non-OPEC countries will be signed in three months' time in Saudi Arabia, the…
Oil eased on Monday, echoing the weakness in global stock markets and erasing some of the gains made last week…
Monday, 10 December 2018 04:05

Malaysia Agrees to Extend Oil Output Cut

Malaysia will extend its oil production cuts by another six months after the agreement between OPEC and other oil producers…
Friday, 07 December 2018 10:33

Oil Prices Climb on OPEC-led Cuts

Oil prices ended more than 2 percent higher on Friday after OPEC members and allies like Russia agreed to reduce…
Friday, 07 December 2018 03:45

Oil Surges 5 pct as OPEC Agrees Output Cut

Oil prices jumped more than 5 percent on Friday as big Middle East producers in OPEC agreed to reduce output…
Thursday, 06 December 2018 05:10

Oil Falls After OPEC Delays Output Decision

Oil fell in choppy trading on Thursday after OPEC ended a key meeting having made no decision on crude output,…
Thursday, 06 December 2018 02:31

OPEC Agrees Oil Output Cut, No Final Figure Yet

OPEC agreed on Thursday a tentative deal to cut oil output but has not yet come up with a final…
Monday, 03 December 2018 18:05

Qatar Quits OPEC to Focus on LNG

Qatar said Monday that it will leave the oil cartel OPEC on January 1 after nearly 60 years.  The announcement…
Monday, 03 December 2018 03:44

Qatar to Leave OPEC

Qatar said on Monday it was quitting OPEC from January to focus on its gas ambitions, taking a swipe at…
Monday, 03 December 2018 02:53

Oil Surges 5 Percent

Oil prices jumped by more than 5 percent on Monday after the United States and China agreed to a 90-day…
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