Oil steadies after Trump presses OPEC to offset Iran sanctions
Oil prices steadied on Monday, after a weeks-long rally was halted on Friday when the market tumbled after U.S. Presiden...
Search by tag: opec
Oil falls after Trump presses OPEC to offset Iran sanctions
Oil prices fell on Monday, extending the Friday decline that halted a weeks-long rally, after President Donald Trump dem...
Oil falls after Trump presses OPEC to make up for Iranian sanctions
Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump dema...
Oil falls after Trump urges greater OPEC output to replace Iranian oil
Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump dema...
Oil tumbles more than 3% as Trump again urges OPEC to lower prices
Oil prices sank more than 3 percent on Friday after U.S. President Donald Trump again pressured the Organization of the...
Oil prices firm amid OPEC supply cuts, U.S. sanctions on Iran and Venezuela
Oil prices were firm on Friday, supported by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on petr...
Oil prices slip nearly 2% as OPEC mulls output hike, U.S. stocks build
Oil prices fell nearly 2 percent on Thursday after sources said that OPEC may raise output from July if Venezuelan and I...
Oil hits 2019 high on OPEC cuts, concerns over demand ease
Oil hit a 2019 high above $69 a barrel on Tuesday on the prospect that more sanctions against Iran and further Venezuela...
Oil advances as OPEC set to continue supply cuts despite U.S. pressure to ease
Oil prices rose on Wednesday after a report of declining U.S. crude inventories and as producer club OPEC seemed to stic...
Sanctions, OPEC cuts push Asia's sour crude oil prices above Brent
Middle East oil benchmarks Dubai and DME Oman have nudged above prices for Brent crude, an unusual move as U.S. sanction...
Oil prices climb amid expected OPEC cut, but markets remain wary
Oil prices rose around 1 percent on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to c...
Oil rises as OPEC, partners discuss supply cut
Oil rose on Wednesday, recouping some of the previous session's slide, on the growing prospect of OPEC and allied p...
OPEC, partners discuss oil supply cut of up to 1.4 million bpd: sources
OPEC and its partners are discussing a proposal to cut oil output by up to 1.4 million barrels per day (bpd) for 2019, t...
Iran says no OPEC member can take over its share of oil exports
Iran told OPEC on Sunday no member country should be allowed to take over another member's share of oil exports, ex...
Don't blame OPEC, oil producer group says of Trump criticism
The president of OPEC on Monday defended the oil producer group against U.S. President Donald Trump’s recent demands for...
Asian shares subdued amid lull in trade spat, oil eases into OPEC
SYDNEY (Reuters) - Asian shares were subdued on Thursday as a lull in the Sino-U.S. trade tussle helped calm nerves enou...
Asian shares edge ahead, oil subdued before OPEC meeting
SYDNEY (Reuters) - Asian shares crept ahead on Thursday as a lull in the Sino-U.S. trade tussle and talk of more Chinese...
Global shares edge up, China pulls Asia down, oil subdued pre: OPEC
SYDNEY (Reuters) - Shares crept higher in most major markets on Thursday as a lull in the Sino-U.S. trade tussle and tal...
Dollar scales 11-month peak, oil slides ahead of OPEC
LONDON (Reuters) - Simmering trade and political tensions weighed on European and world shares on Thursday, while oil pr...
OPEC, Having Bolstered Oil Prices, Considers Ramping Up Production
The shift effectively ends a deal that had more than doubled prices and raised revenues for oil producers, but that drew...