Iraq puts out more oil fires at northern field
Iraq has put out fires at six more oil wells in the Qayyara region, which Iraqi forces recaptured from Islamic State late last month, but…
oil
Oil output freeze would be right decision, Putin says
Russian President Vladimir Putin said an agreement between oil exporters to freeze output would be the right decision for the global market and Iran should…
Saudi Arabia’s Energy Minister says kingdom won’t flood the oil market
Saudi Arabia’s Energy Minister said that the crude market is currently oversupplied and the world’s biggest oil exporter, won’t boost output to full capacity and…
Iran Wants Pre-Sanctions Oil Market Share: Iran Oil Minister
Iran wants its pre-sanctions share of the crude market, Oil Minister Bijan Zanganeh said on Friday, dampening the prospects of agreement on an output freeze…
Oil prices dip as Saudi Arabia dampens prospects of output freeze
Oil prices fell on Friday after the Saudi energy minister tempered expectations of strong market intervention by producers during talks next month, and as analysts…
Limited price upside expected in Brent crude
Oil prices may be hitting their peak. Benchmark oil prices have moved from a bearish to a bullish territory in just a span of 11…
Oil rises on new output freeze calls, but traders bet on further falls
Oil prices rose on Monday, lifted by reports of renewed talks by some members of the Organization of the Petroleum Exporting Countries (OPEC) to restrain…
Saudi Arabia Unmoved By Oil Price Uncertainty
A reasonable assumption for investors is that Saudi Arabia would be deeply concerned about the current state of oil prices. While prices have rebounded somewhat…
Is Saudi Arabia back in the oil market share game?
Sometimes actions really do speak louder than words, with Saudi Arabia’s slashing of crude oil prices to customers in Asia contrasting with recent comments from…
Saudi Arabia gets ready for a post-oil world
Saudi Arabia is preparing itself for the end of oil — whether in 20, 50 or 100 years — but in the meantime it wants to steady…