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The Organization of the Petroleum Exporting Countries agreed to cut production to 32.5 million barrels per day, Kuwait's oil minister said

Oil prices surge as OPEC agrees production curb

Business • 30 Nov 16

OPEC producers are meeting in Vienna tomorrow

Iran and Iraq resist Saudi pressure on oil output

Business • 29 Nov 16

Traders said they still expect some form of an output restriction to be agreed this week at an OPEC meeting

Oil up in choppy trade as OPEC eyes meeting

Business • 28 Nov 16

Overall activity in the oil market was thin today after the US Thanksgiving holiday and ahead of the weekend

Oil prices fall 2% amid OPEC deal uncertainty

Business • 25 Nov 16

An ongoing crude and refined product supply overhang that has dogged markets for over two years continues to drag on markets

Oil prices dip on persistent fuel supply overhang

Business • 11 Nov 16

Investors are still assessing the long-term impact of a Donald Trump presidency on world oil supply and demand

Oil prices rise as markets recover from Trump win

Business • 10 Nov 16

OPEC has said it was committed to a deal made in September to cut output in order to prop up the market

Oil up after OPEC reaffirms plan to cut output

Business • 07 Nov 16

The private American Petroleum Institute is due to publish its weekly crude stocks estimates later today

Oil mixed on OPEC squabbles ahead of planned cut

Business • 25 Oct 16

Oil prices rose to their highest level in several months yesterday

Oil glut to last until mid-2017 unless OPEC cuts

Business • 11 Oct 16

Russian President Vladimir Putin said an output freeze or even a production cut were likely the only right decisions to maintain energy sector stability

Oil jumps 3% amid Russian commitment to output cut

Business • 10 Oct 16

Oil prices move higher again in Asian trade

Oil prices move back above $50 a barrel

Business • 07 Oct 16

US oil prices boosted by lower US petrol stocks

US oil tops $50 a barrel for first time since June

Business • 06 Oct 16

Oil prices are being supported following OPEC's preliminary agreement to cut production

Oil drifts after Brent hits $50/bbl

Business • 03 Oct 16

OPEC stunned traders by announcing plans to trim collective production by around 750,000 barrels a day

Oil drops as Russia waits on OPEC output cut deal

Business • 30 Sep 16

The OPEC deal could add $7 to $10 to oil prices in the first half of next year, according to Goldman Sachs

Oil prices slip as focus shifts to details of deal

Business • 29 Sep 16

The American Petroleum Institute (API) said US supplies fell by 752,000 barrels last week

Oil stages tepid rebound as hopes ease for deal

Business • 28 Sep 16

OPEC will meet tomorrow with key non-OPEC producer Russia on the sidelines of the International Energy Forum

Saudis, Iran dash hopes for OPEC deal in Algeria

Business • 27 Sep 16

OPEC and Russia are slated to begin meeting later today

Oil moves higher ahead of OPEC meeting

Business • 26 Sep 16

Russia and members of the OPEC oil cartel led by Saudi Arabia will gather in Algeria for three days from Monday

Oil prices ease as focus shifts to OPEC meeting

Business • 23 Sep 16

Oil traders eye today's US Federal Reserve meeting

Oil prices up ahead of US stockpiles data

Business • 21 Sep 16

The commodity plunged last week on supply glut worries but bounced slightly Monday after OPEC member Venezuela said a deal to limit output was close

Oil prices stabilise ahead of producers' meeting

Business • 20 Sep 16

Today's oil prices gains limited by ongoing worries about a supply glut

Oil up on Libya unrest, hopes for output deal

Business • 19 Sep 16

The profit for turning crude into gasoline hit three-month highs and pump prices for the fuel rose as well

Oil prices fall by up to 2% to multi-week lows

Business • 16 Sep 16

The US Energy Information Administration said petrol and distilled products inventories rose last week

Oil recovers after diving on US data, Libya news

Business • 15 Sep 16

Traders are keeping tabs on Russia and OPEC hoping for signs they will find a deal to address a global supply glut

Oil prices up in Asia as dollar weakens

Business • 07 Sep 16

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