OPEC

Iraq’s Kurds independence, its impact for oil markets

Iraq’s Kurdish provinces plan to vote in a referendum on independence on Sept. 25, a poll that regional and Western…

Oil traders empty key crude storage hub amid OPEC production cuts

Oil traders are emptying one of the world’s largest crude storage facilities, located near the southernmost tip of Africa, as…

Iraq sees no need for further OPEC output cuts, will support consensus if such need arises

Iraq doesn’t see a need for more collaborative oil production cuts currently, but it would support consensus within OPEC if…

OPEC allies seen acting more responsibly on production cuts

Since the beginning of the year, members of the Organisation of Petroleum Exporting Countries (OPEC) and their allies have been…

Oil prices up $56 on rising refinery demand, falling U.S. rig count

Oil markets were firm Monday and remained near multi-month highs reached late last week as the number of U.S. rigs…

Oil outlook brightens as prices near $56 on rising demand

Though oil prices opened the week lower, there are expectations Friday that they are on course for weekly gains, the…

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