198089 world oil market chronology

Headlines

Oil Producers ‘might Have To’ Extend Output Cuts

Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed...

Headlines

OPEC ‘optimistic’ Oil Output Cuts Leading To Price Recovery

Oil-exporting cartel OPEC is confident that production cuts agreed with non-members to prop up prices will lead to a...

Headlines

OPEC Output Cuts Exceed Target

OPEC compliance with oil output reductions has exceeded the target because of higher Saudi cuts, Kuwaiti Oil Minister...

International

Oil Shipments Show That OPEC Is Sticking To Its Cuts

Oil supplies from OPEC are plunging this month as the group implements production cuts aimed at erasing a global...

International

Oil Prices Drop Ahead of Opec Meeting

The price of benchmark crude oil has fallen almost 4% as traders question whether Opec can agree on a deal to limit...