CONTINUING oversupply and doubts of a possible agreement to cut production between Russia and the Organization of Petroleum Exporting Countries caused domestic pump prices...
Oil declined for a second day as Opec’s internal disagreements undermined efforts among major suppliers to reach an agreement in Vienna on trimming output...
Opec’s internal disagreements over how to implement oil-supply cuts agreed last month prevented a deal to secure the cooperation of other major suppliers.
More than...
Opec’s second-largest producer threw an obstacle in the group’s path toward a final deal to stabilize oil markets when Iraq balked at joining efforts...
SINGAPORE"•Oil prices tumbled in Asia Friday as doubts emerged over the long-term success of a surprise Opec agreement to cut output and stabilize the...
HONG KONG—Energy firms led a rally in Asian stock markets Thursday, while high-yielding currencies advanced after Opec’s shock agreement to cut oil output sent...
The Organization of Petroleum Exporting Countries (OPEC) has agreed to cut production by 750,000 barrels a day, Bloomberg News reported Wednesday, citing a delegation...
