The Organization of Petroleum Exporting Countries (OPEC) is optimistic about its efforts in clearing the surplus in oil inventories…
The International Energy Agency (IEA) has said that though OPEC-led production cuts have helped to stabilise the oil market, crude…
OPEC nations pumped slightly more crude in September as Libya’s biggest oil field returned to production. Output from the Organization…
Oil prices are recovering. U.S. storm damage and strengthening economies may have finally dislodged sentiment away from resignation to a…
Oil held gains above $50 a barrel as OPEC and Russia said they were well on the way to clearing a…
OPEC and its allies indicated that they’ll wait a bit longer to see if further action is required in their…
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