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 […]

Oil jumps 2 percent on expectations of production cuts

Oil prices rose more than 2 percent on Tuesday, extending gains ahead of expected output cuts by producer cartel OPEC […]

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 […]

U.S. pigs out on bacon, ribs as trade wars cut chicken demand

Americans are losing their taste for chicken and eating more beef and pork as President Donald Trump’s trade wars reduce […]

Energy, services fuel jump in U.S. producer prices

U.S. producer prices rose more than expected in October and at their fastest pace in six years, but measures of […]

Wanted: An Australian energy policy to kickstart A$25 billion of investment

Constant changes in Australia’s government have convinced the country’s power companies that its political leaders will never craft a coherent […]

OPEC oil output rises to highest since 2016 despite Iran

OPEC has boosted oil production in October to the highest since 2016, a Reuters survey found, as higher output led […]

Oil Prices Remain Near Multi-year Highs On Looming Sanctions Against Iran

On Friday morning, oil prices stayed near multi-year highs in Asia as looming U.S. sanctions against major crude exporter Iran […]