OPEC

Oil climbs as Saudi Arabia expects OPEC to extend output curbs this month

Oil climbed, paring losses earlier this week, as Saudi Arabia moved to dispel doubts over Russia’s readiness to extend output…

Oil trades near $55 as investors await clarity on OPEC action

Oil held near $55 a barrel as traders who were once certain OPEC and Russia would extend their output cuts…

Crude oil market stability will come with cut, says OPEC’s Barkindo

Mohammad Barkindo, OPEC Secretary-General said Monday that the oil market is re-balancing at a quickening pace and production cuts are…

U.S. crude oil exports to Asia soar, complicating OPEC’s efforts: Russell

By Clyde Russell U.S. crude oil is flooding into Asia, and may continue to do so as the arbitrage window…

BP sends in big guns as majors jostle for Abu Dhabi oil riches

When BP Plc goes to Abu Dhabi this week, where big oil companies will be jostling for access to the Emirate’s offshore…

Oil steadies near $57 per barrel before U.S. crude inventory data

Oil steadied in New York before weekly data on crude inventories in the U.S., the world’s biggest oil consumer. Futures…

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