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May 24, 2016
AP Interview: Qatar energy minister wants 'fair' oil price
The oil market is slowly recovering from its steep drop over the past two years but crude is still not trading at a "fair ...
April 21, 2016
Iran: no output freeze until it restores pre-sanctions level
Iran won't consider a production freeze until it reaches its pre-sanctions level of output of 4.2 million barrels a day, a ...
April 17, 2016
Oil workers go on strike in Kuwait to protest cutbacks
Oil workers in Kuwait went on strike Sunday to protest proposed government cutbacks as the OPEC nation grapples with a ...
April 17, 2016
Oil meeting in Qatar collapses without freeze as Iran absent
A meeting of oil-rich countries in Qatar that had been expected to boost crude prices by freezing production fell apart ...
April 16, 2016
Surging oil production, low prices to challenge Doha meeting
OPEC isn't what it used to be. Ahead of a planned meeting of most of the cartel and other major oil producers in Qatar to ...
April 05, 2016
Kuwaiti OPEC official: Oil freeze deal likely to be reached
Kuwait's OPEC governor is saying members of the oil cartel and other producing countries likely will reach a deal later this ...
March 20, 2016
Iraq exports first natural gas shipment in its history
Iraq on Sunday exported the first shipment of natural gas in its history, a key development for the OPEC member struggling ...
March 16, 2016
Major oil producers to talk output freeze in Qatar in April
OPEC member states and other major oil producers plan to meet next month to discuss a freeze in oil output levels, Qatar's ...
February 22, 2016
IEA: Slashed spending by drillers could lead to price spike
Oil prices will more than double by 2020 as current low prices lead drillers to cut investment in new production and ...
February 18, 2016
United Arab Emirates backs oil producers' output freeze plan
The United Arab Emirates threw its support on Thursday behind a plan by major oil producers to freeze output levels in an ...
February 17, 2016
Iran snubs Doha proposal, won't freeze oil output
Iran appeared Wednesday to back a plan laid out by four influential oil producers to cap their crude output if others do the ...
February 16, 2016
Russia, Saudis tentatively offer to freeze oil output levels
Oil powerhouses Russia and Saudi Arabia joined Qatar and Venezuela in pledging Tuesday to cap their crude output if other ...
February 02, 2016
Russia open to meeting with major oil-producing countries
Russia says it is open to a meeting with fellow major oil-producing nations to discuss production levels amid a plunge in ...
January 17, 2016
With wave of Iranian oil imminent, a shudder in Saudi Arabia
A new wave of oil from Iran will flow into a global market awash in oil where prices are plunging to depths not seen in a ...
December 08, 2015
Energy stocks lead another decline as oil price weakens
Energy stocks are falling again as the price of oil continues to slide. Most of the biggest decliners in early trading ...
December 04, 2015
OPEC keeps oil production at current high level
OPEC nations decided Friday to keep producing oil at their current high levels, effectively acknowledging their inability to ...
December 03, 2015
OPEC likely won't move to boost oil price amid infighting
Cheap oil that could get even cheaper: That's the challenge OPEC ministers face as they try to cut their losses at a time ...