OPEC

Co-operation central to stability in global oil and gas industry

Major stakeholders in the global oil and gas industry have all stressed the importance of co-operation in tackling issues such…

Saudi Arabia struggles to convince OPEC members, Gulf allies to raise oil output

Saudi Arabia is finding it difficult to convince fellow OPEC members and Gulf allies on the need to raise oil…

Global oil prices to stay high, averaging $70 per barrel for the rest of 2018

Global oil prices will remain around $70 per barrel on the average, one of the world's leading rating agencies, Fitch…

OPEC production climbs by 35,000 bpd to 31.87m bpd in May, report shows

Crude oil production by member countries of OPEC rose in May, the Organization of the Petroleum Exporting Countries and Russia…

Oil prices steady as markets await Trump, Kim Singapore meeting outcome

Oil prices were little changed in early Asian trading Tuesday as markets awaited the outcome of a summit between U.S.…

Oil prices mixed amid Russian production output rise, strong demand in Asia

Oil prices were mixed Monday amid rising Russian production and strong demand in Asia. Crude Oil WTI Futures for July delivery…

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