VIENNA, Austria--OPEC+ members meeting on Thursday are expected to agree a marginal increase in oil production, bolstered by risks to demand amid coronavirus restrictions...
TEHRAN, Iran—Iran’s oil production capacity has returned to the same level as prior to the reimposition of sanctions in 2018, when the US unilaterally...
LONDON, United Kingdom—Britain on Sunday defended lobbying Saudi Arabia to up its oil output as energy sanctions on Russia start inflicting a painful toll,...
LONDON—Major oil producers on Thursday are expected to continue planned moderate output increases despite pressure to further ramp up production amid soaring prices.
The 13...
NEW YORK—World oil prices surged to new multi-year peaks on Tuesday, extending their run after OPEC’s latest production decision, while European and US equities...
LONDON—The Organization of Petroleum Exporting Countries (OPEC) and its key allies decided at a meeting on Monday to stick to planned moderate increases in...
Dubai, United Arab Emirates—A startling public row between Saudi Arabia and brash neighbor the UAE has exposed the steadily diverging paths of once inseparable...
London, United Kingdom—The OPEC group of oil-producing countries and its allies look set to boost production further when they meet Tuesday, as pandemic-hit demand...
Tripoli—Libya’s National Oil Corporation said Saturday production had punched above one million barrels per day, nearly two weeks after it lifted the war-torn country’s...
Tripoli, Libya—The Libyan National Oil Corp. said Sunday production had resumed at Al-Sharara oil field, the country’s largest, which had been shut months ago...
Top oil-producing countries agreed on “historic” output cuts to prop up prices hammered by the coronavirus crisis and a Russia-Saudi price war, sending crude...
