OPEC

Angola needs crude prices rebound to $60, says oil minister

Jose Maria Botelho de Vasconcelos, Angola’s Petroleum Minister said it is essential for the southern African nation’s economy that oil…

Libya’s oil disruptions widen as two more fields halt output

Two more oil fields in Libya are being closed after an armed group took over pipelines to both deposits, further…

Nigeria’s oil output in July below 1.8 million bpd, reasons not militancy, says oil minister

Emmanuel Ibe Kachikwu, Nigeria's oil minister said Thursday that the country's oil production, excluding condensates, was slightly below 1.8 million…

Oil prices fall on oversupply concern as Libyan output fluctuates

Oil prices fell Wednesday, weighed down by concerns about rising production from Libya feeding into an oversupplied market and a…

Oil prices climb as traders eye another U.S. crude drawdown

Oil inched up Tuesday, lifted by expectations of another crude stockpile drawdown in the United States but price gains were…

Oil prices fall after rally prompts profit-taking

Oil prices fell around 1 percent Monday as a rally at the end of last week prompted investors to close…

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