Chronology of world oil market events
Russia To Decide In April-May If Global Oil Deal Should Be Extended
File image, A view shows an oil derrick and other facilities at Vankorskoye oil field Russia will decided in April or...
Oil Overhang Points To Need For Extended OPEC Output Cuts
An OPEC-led production cut may well be accelerating a drawdown in global oil stocks that began last year, but...
Oil Edges Up On Threat of U.S. Issuing New Iran Sanctions
Oil prices edged up on Friday on news that U. S. President Donald Trump could be set to impose new sanctions on...
Oil Prices Fall After Sharp Rise In U.S. Stockpiles
Oil prices fell on Thursday after official data showed U. S. crude and gasoline stockpiles rose sharply, although signs...
Oil Edges Further Above $55 On Russia, OPEC Cuts
Oil edged further above $55 a barrel on Wednesday supported by signs that Russia and OPEC producers are delivering on...
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...
Equatorial Guinea Has Applied To Join OPEC
This would bring the oil producer group's membership to 14 countries Equatorial Guinea has now applied to join the...
Oil Prices Rise
Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to...
Oil Jumps 1.7 Percent, Adds To Year’s Gains Ahead of OPEC Cuts
Oil jumped 1.7 percent Tuesday, continuing its year-end rally with support from expectations of tighter supply once the...
Oil Prices Soar
Oil prices today Monday 12 December shot to their highest levels since mid-2015 after OPEC and other producers reached...
OPEC, Non-OPEC Agree First Global Oil Pact Since 2001
OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a...
OPEC Deal Sends Oil Spiking 14% In 3 Days
Don't blink. You might miss another jump in oil prices. Crude has spiked 14% in just the past three days, ending Friday...
Oil Price Soars As Opec Agrees Output Cut
Saudi Arabia agreed to cut output by about 500,000 barrels per day - a total reduction of 4.5%. The oil cartel Opec has...
Oil Extends Slide Below $46 On Skepticism Over Opec Output Deal
Oil extended declines to slip below US$46 a barrel amid skepticism over OPEC’s ability to reach an agreement to cut...
Fuel Prices To Fall By 1.5 and 3%
Fuel prices are expected to fall by between 1.5 and 3% in the second-pricing window for November 2016, the Institute...
Energy Helps Canadian Stocks Open Week Ahead
Canada's main stock market in Toronto started the week positively as rising crude oil and natural gas prices...
Fuel Prices To Remain ‘fairly Stable’ In First November Pricing Window
The Institute Energy Studies (IES) has published its bi-weekly forecast of the petroleum market, projecting that petrol...
Oil Rallies As Opec Agrees Output Cut
The oil producers cartel Opec has agreed a preliminary deal to cut production for the first time in eight years,...
Algeria Calls For OPEC Supply Side Action
Algiers (AFP) - Algerian Energy Minister Noureddine Boutarfa on Wednesday pressed demands for action on an oil supply...