OPEC

Crude oil prices steadied on Friday, as traders grew more cautious ahead of the weekend, while concerns over rising U.S. shale production continued to linger.

The…

Crude oil prices gained in Asia on Tuesday led by Brent crossing $65 a barrel for the first time since 2015 as a shutdown of a key pipeline led to a spike in the global…

Crude oil prices fell on Monday amid concerns that rising U.S. output could undermine efforts by OPEC to support the market by reducing excess supplies.

The U.S.…

Crude prices inched higher in early dealings on Thursday, but held near the prior session’s three-week lows amid concerns over rising production in the U.S.

U.S.…

Crude prices started the week on the backfoot on Monday, amid worries that rising U.S. shale output would dampen OPEC’s efforts to rid the market of excess…

“Soft” output targets reportedly imposed on Nigeria and Libya as part of the OPEC deal to extend global production cuts through the end of 2018 could hurt…

Crude oil prices moved higher on Friday, after the world’s major oil producers agreed to extend production cuts until the end of 2018.

The U.S. West Texas…

OPEC delegates have already agreed on extending the global production cut agreement to the end of 2018 and a formal announcement is expected later in the day,…

Crude prices were on the backfoot again on Wednesday, extending this week’s losses amid speculation weekly supply data due later in the day will show a surprise…