OPEC

Oil prices dip as OPEC, non-OPEC debate capping Libya, Nigeria oil output

Oil slipped to one-week lows Monday, as several OPEC and non-OPEC ministers met to discuss a pact to kerb oil…

Oil falls after report showing OPEC deal compliance falling in July

Oil prices fell on Friday after a consultancy report forecast a rise in OPEC production for July despite the group's…

Oil rises on weak dollar, Gulf tensions as producers set to meet

Oil prices edged higher on a weaker dollar and diplomatic tensions in the Gulf, but Brent held below the $50…

UAE energy minister hopes global oil markets begin to tighten in H2

Suhail bin Mohammed al-Mazroui, the United Arab Emirates Energy Minister, Friday said he hopes global oil supplies will start tightening…

Strong gasoline boosts oil price as rising Libya, Nigeria output undermines OPEC supply cut

Oil prices traded higher on Wednesday, supported by a strong gasoline market, but rising output from OPEC producers revived concerns…

Ecuador breaks OPEC unity, announces rise in oil output to raise revenue

Ecuador has dealt a blow to OPEC unity by announcing it will start raising oil production this month, arguing it…

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