opec

By Eric Knecht DOHA, Dec 3 (Reuters) – Qatar said on Monday it was quitting OPEC from January to focus on its gas ambitions, taking a swipe at the

By Julian Lee (Bloomberg Gadfly) — When Saudi Arabia’s oil minister attended Friday’s grand opening of a giant liquefied natural gas plant in

By Serene Cheong (Bloomberg) — OPEC is finally making the move that could help complete a mission that it’s failed so far: shipping less oil to the

By Henning Gloystein and Libby George SINGAPORE/LONDON, April 21 (Reuters) – The jury is still out over whether an OPEC-led production cut aimed at

By Firat Kayakiran and Brian Wingfield (Bloomberg) — Oil-hauling supertankers are bracing for the worst earnings year since 2013 as they become

By Mikael Holter (Bloomberg) — Norway has this year politely declined invitations from OPEC to join talks on curbing oil production. Its strategy is now

By John Kemp LONDON, Dec 5 (Reuters) – OPEC has finally agreed to cut production, but only after two years of fruitless negotiations. So what changed to

By Rakteem Katakey (Bloomberg) — Brent crude is headed for its biggest weekly gain since 2009 after OPEC approved its first supply cut in eight years,

By Emma O’Brien and Heesu Lee (Bloomberg) — While the first OPEC production cuts since 2008 were inked as Asia slept, the winners and losers from

By Nayla Razzouk, Angelina Rascouet and Golnar Motevalli (Bloomberg) — OPEC confounded its doubters and sent crude oil prices soaring by agreeing to its

By Amanda Cooper LONDON, Nov 10 (Reuters) – The oil market surplus may run into a third year in 2017 without an output cut from OPEC, while escalating

by Mikael Holter (Bloomberg) Explorers in 2015 discovered only about a tenth as much oil as they have annually on average since 1960. This year,

  By Mark Shenk (Bloomberg) — Oil closed at the lowest level in more than six years in New York amid speculation that demand may slip as economies

by Anthony Dipaola & Grant Smith (Bloomberg) Just when it looked like OPEC was winning the war with U.S. shale-oil drillers, a new front is opening up

Oil extended three consecutive weekly gains in London as OPEC ministers signaled their confidence that the market can sustain its

Saudi Arabia, the world’s largest oil exporter, is confident that crude prices will rebound with global economic growth boosting

Saudi Arabia and OPEC would find it “difficult, if not impossible” to give up market share by cutting crude production, the country’s oil minister

By Naomi Christie Dec. 4 (Bloomberg) — When OPEC sent oil prices tumbling last week by deciding not to tackle a global glut of crude, shipping companies

Brent crude traded near $70 a barrel, erasing earlier gains as traders evaluated the impact of OPEC’s decision to maintain output at last week’s meeting.

China is emerging as the winner from OPEC’s battle with rival oil producers as the world’s biggest energy consumer stockpiles