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OPEC
April 10, 2020
Markets stable amid holidays, oil down on OPEC uncertainty
Asian shares were steady in quiet Good Friday trading after Wall Street closed out its best week in 45 years thanks to the ...
April 10, 2020
Oil-producing nations seek global deal to stabilize market
Oil-producing countries including those of the OPEC cartel and Russia are trying to strike a global deal to pump less crude ...
April 04, 2020
Saudi Arabia sharply rebukes Russia over oil price collapse
Saudi Arabia sharply criticized Russia on Saturday over what it described as Moscow blaming the kingdom for the collapse in ...
April 03, 2020
Putin suggests sizable oil production cut as prices fall
Russian President Vladimir Putin says he supports cutting oil production by about 10 million barrels a day to shore up ...
March 09, 2020
AP Explains: The oil market meltdown and its global impact
A clash of two oil titans - Saudi Arabia and Russia - is sending shock waves through energy markets, with wide-ranging ...
March 09, 2020
Saudi Arabia cuts off travel over virus as markets tumble
Saudi Arabia closed off air and sea travel to nine countries affected by the new coronavirus Monday as Mideast stock markets ...
March 06, 2020
Oil price dives as OPEC, Russia fail to agree on output cut
OPEC and key ally Russia failed to agree Friday on a cut to oil production that would have contained the plunge in the price ...
March 05, 2020
OPEC calls for big production cut, but will Russia agree?
The OPEC oil cartel is calling for a deep production cut to keep crude prices from falling further as disruption to global ...
December 06, 2019
OPEC countries, Russia to cut oil output, pushing up prices
The OPEC oil-producing countries and ally Russia said Friday they have agreed to cut crude production, prompting a surge in ...
December 05, 2019
OPEC talks end without announcement of expected cuts
The countries that make up the OPEC oil-producing cartel ended talks late Thursday without an announcement on possible deep ...
December 04, 2019
OPEC nations grapple with oversupply of oil
The world may be heading for an even greater oversupply of oil, and that possibility — which could drive down fuel and energy ...