OPEC

DUBAI (Reuters) — Oman has told its oil producing companies to cut 200,000 barrels per day starting from May 1…

BAKU/DUBAI/LONDON (Reuters) — OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop…

DUBAI/MOSCOW (Reuters) — Saudi Arabia, Russia and their allies will press Mexico on Friday to join an accord for collective…

DUBAI (Reuters) — The coronavirus outbreak and plunging crude prices are a double blow that leaves Gulf Arab governments with…

DUBAI, United Arab Emirates (AP) — It’s been a turbulent week for Saudi Arabia and the United Arab Emirates, and…

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-run oil giant Saudi Aramco said Tuesday it would increase its crude…

DUBAI, United Arab Emirates (AP) — Saudi Arabia closed off air and sea travel to nine countries affected by the…

All eyes are on Russia at the gathering of OPEC countries and their allies Friday, with the cartel hoping to…

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

The world may be heading for an even greater oversupply of oil, and that possibility — which could drive down…