Tag: World oil market chronology

President Donald Trump's budget released Tuesday proposed radically downsizing the US Strategic Petroleum Reserve, arguing that America's shale boom has ...

The world's biggest oil producers Russia and Saudi Arabia on Monday called for extending an output reduction deal ahead of ...

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

Oil edged further above $55 a barrel on Wednesday supported by signs that Russia and OPEC producers are delivering on ...

This would bring the oil producer group's membership to 14 countries Equatorial Guinea has now applied to join the Organization ...

Saudi Arabia agreed to cut output by about 500,000 barrels per day - a total reduction of 4.5%. The oil ...

Oil extended declines to slip below US$46 a barrel amid skepticism over OPEC’s ability to reach an agreement to cut ...

Oil fell to its lowest in three months on Monday, as the prospect of another year of oversupply and weak ...

Oil production from members of the Organisation of Petroleum Exporting Countries (OPEC) may have reached a new record, according to ...

Algiers (AFP) - The Organization of Petroleum Exporting Countries (OPEC) has agreed to cut production by 750,000 barrels a day, ...

Algiers (AFP) - The Organization of Petroleum Exporting Countries (OPEC) has agreed to cut production by 750,000 barrels a day, ...

Algiers (AFP) - The Organization of Petroleum Exporting Countries (OPEC) agreed Wednesday to cut oil production, ministers said, in a ...