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February 08, 2017
Qatar says producers sticking to oil output cuts
Qatar's energy minister says OPEC members and oil-producing allies are adhering to previously agreed production cuts aimed ...
December 11, 2016
World's biggest LNG supplier Qatar merges 2 gas producers
Qatar is merging its two government-controlled liquefied natural gas companies, streamlining distribution of the fuel as the ...
December 05, 2016
Iran seeks more cooperation with Saudi Arabia
Iran's Foreign Ministry spokesman says the Islamic Republic and its regional rival Saudi Arabia can and should cooperate to ...
December 01, 2016
Iraq hopes OPEC deal will help cover its massive war costs
The government of Iraq is hoping that a new OPEC deal will help the war-weary country generate enough revenue to help pay for ...
December 01, 2016
Iran welcomes OPEC production-cut decision
Iran's President Hassan Rouhani on Thursday welcomed an OPEC deal that cut the oil cartel's output to push up crude prices.
November 22, 2016
Asian shares gain, lifted by oil price rally on Wall Street
Asian shares rose almost across the board Tuesday, tracking the rally on Wall Street, as oil prices pushed higher amid hopes ...
November 21, 2016
US stock indexes bust records as oil prices jump
Major U.S. stock indexes rose to record highs on Monday, led by big gains in energy companies as the price of crude oil moved ...
November 19, 2016
Iran optimistic oil prices can rise
Iran's oil minister is saying $55 per barrel is achievable for crude if both OPEC and non-OPEC producers cooperate.
November 10, 2016
Global oil output hit new record pending promised OPEC cuts
The International Energy Agency says global oil production climbed higher in October — even after OPEC pledged to curb output ...
November 09, 2016
OPEC sees oil prices rising more slowly amid glut of crude
OPEC now sees oil prices rising more slowly over the next few years than it had expected, as the oversupply of crude takes ...
November 07, 2016
Oil leaders meet in Abu Dhabi, hoping market now at bottom
The international oil market has hit its bottom, though how long it will be there remains in question, leaders in the ...
October 29, 2016
OPEC talks production cuts at previously unannounced meeting
Senior representatives of OPEC and six other oil producing nations ended "fruitful and constructive discussions" Saturday on ...
October 17, 2016
Iran offers 50 oil and gas fields to foreign bidders
Iran's national oil company said Monday that it has offered 50 oil and gas fields to international bidders, the first time ...
September 29, 2016
AP Explains: What does OPEC's tentative deal mean for oil?
OPEC nations have agreed in theory that they need to reduce their production to help boost global oil prices during a meeting ...
September 26, 2016
Global stocks drop ahead of first US presidential debate
Stock markets around the world fell sharply Monday as investors turned their attention to the U.S. presidential race and the ...
September 23, 2016
Iraq sets ceiling on oil production before Algeria meeting
Iraq's Oil Minister said his country supports any deal to prop up oil prices in the international market ahead of next week's ...
September 06, 2016
Oil minister: Iran backs OPEC moves geared toward stability
Iran's oil minister says his country would support any decision by the oil producing group of nations that seeks to stabilize ...