OPEC

A PetroChina worker inspects a pump jack at an oil field in Tacheng, Xinjiang Uighur Autonomous Region, China June 27, 2018.
Global Economy

OPEC, US oil firms expect subdued shale rebound even as crude prices rise

The lack of a shale rebound could make it easier for OPEC and its allies to manage the market

A view of the PES Refinery in Philadelphia, Pennsylvania, US, November 2, 2020. Picture taken November 2, 2020. REUTERS/Dane Rhys
Global Economy

Oil rises on fears of heightened tensions in Middle East

Photo: Bloomberg/ Bartek Sadowski
Global Economy

Oil climbs to 13-month highs, as supply cuts, demand optimism support

FILE PHOTO: General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah
Global Economy

Saudi Arabia beats Russia in tight race for China oil supply, US imports soar

FILE PHOTO: Saudi Aramco logo is pictured at the oil facility in Khurais, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo
Global Economy

Saudi Aramco cuts Feb crude supply to some Asian refiners

The Philadelphia Energy Solutions oil refinery is seen at sunset in Philadelphia March 26, 2014. Picture taken March 26, 2014. Photo :Reuters
Global Economy

Oil prices fall on renewed coronavirus concerns as China cases mount

General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. Photo: Reuters
Global Economy

Saudi cut to boost oil market de-stocking, even as demand falters

A man looks at the exhaust chimneys and pipes of the oil refinery of Ras-Tanura in Saudi Arabia on Sept. 3, 1990. JACQUES LANGEVIN/SYGMA/SYGMA VIA GETTY IMAGES
Global Economy

Oil rises to 11-month high, logs weekly gain on Saudi output cut

A man looks at the exhaust chimneys and pipes of the oil refinery of Ras-Tanura in Saudi Arabia on Sept. 3, 1990. JACQUES LANGEVIN/SYGMA/SYGMA VIA GETTY IMAGES
Global Economy

Brent oil rises to highest since February after Saudi Arabia output cut

A crude oil tanker is seen at Qingdao Port, Shandong province, China, April 21, 2019. REUTERS/Jason Lee
Global Economy

Oil little changed as investors await OPEC+ decision

Representational image. Photo: Collected
Global Economy

Oil prices slip after OPEC warns of downside risks to demand in first-half 2021

A well head and drilling rig in the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk, Russia, March 11, 2019. REUTERS/Vasily Fedosenko/File Photo
Global Economy

Russian annual oil output falls for the first time since 2008 on OPEC+ deal, pandemic

OPEC cuts 2021 oil demand outlook again as pandemic impact lingers
World+Biz

OPEC cuts 2021 oil demand outlook again as pandemic impact lingers