Oil sinks as OPEC mulls Iran supply cut exemption, tries to get Russia on board

Oil prices fell on Friday as OPEC discussed a potential exemption from cutting output for Iran and as the producer […]

OPEC yet to agree final deal as Iran seeks exemptions

Iran appeared on Friday to be the main obstacle for an OPEC deal to cut oil production as the group’s […]

Coal’s lingering role complicates climate change efforts: Kemp

Global coal consumption is set to remain steady in absolute terms through the middle of the century, even as its […]

OPEC tentatively agrees to oil cut, waits for Russia to commit

OPEC tentatively agreed to an oil output cut on Thursday but was waiting for a commitment from non-OPEC heavyweight Russia […]

China’s Unipec to buy U.S. oil after Xi-Trump tariff truce

Chinese oil trader Unipec plans to resume U.S. crude cto China by March after the Xi-Trump deal at the G20 […]

Oil prices fall on global growth concerns, U.S. supply glut

Oil prices fell on Wednesday, pulled down by a U.S. supply glut and a drop in stock markets as China’s […]

OPEC works on deal to cut output, still needs Russia on board

OPEC and its allies are working towards a deal to reduce oil output by at least 1.3 million barrels per […]

Qatar to withdraw from OPEC and focus on gas exports

Qatar said on Monday it was quitting OPEC from January 2019 but would attend the oil exporter group’s meeting this […]

Slowing demand and a supply glut to drain oil’s gains in 2019

Oil analysts are increasingly pessimistic about the prospect of a price rally next year, when the outlook for demand is […]

Brent oil edges up on expected OPEC cuts; U.S. crude weaker amid swelling supply

Brent oil prices firmed on Friday on expectations that OPEC and Russia will agree some form of production cut next […]