OPEC

They used to be such a happy family

OPEC's Oil Price Strategy In Tatters After Russia Snub

OPEC's oil price strategy in tatters after Russia snub

Monday's Stock Market Open: US Equities In Historic Plunge As Oil Price Shock Roils Global Markets

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U.S. stocks plunged on Monday after oil prices plummeted as OPEC failed to agree on production cuts.

Oil Plunges Most Since Gulf War On Saudi-Russia Standoff, Virus

The collapse in oil pricesÂ could have far-reaching consequences, observers warn, from battering revenuesÂ in energy-dependent countries, to triggering the cancellation of oil exploration projects and even sparking global deflation

Oil plunges most since Gulf War on Saudi-Russia standoff, virus

As the deadly coronavirus disease claims more lives around the world dealers are fleeing out of riskier assets and into safe havens

Coronavirus Update, March 09: Here's What You Need To Know Today

COVID-19 has so far infected more than 110,000 people worldwide and killed more than 3,800, and it's now threatening to create pandemonium across the world economy.

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Permian Basin

Persistent Low Crude Prices May Spell Doom For Debt-Ridden US Shale Industry

Crashing oil prices pose yet another dire threat to the U.S. shale industry

All people entering the OPEC headquarters in Vienna have to undergo temperature checks

OPEC Recommends 1.5-mn-barrel Output Cut To Allies

OPEC recommends 1.5-mn-barrel output cut to allies

Iran's Oil Minister Bijan Namdar Zanganeh says a cut of at least half a million barrels is needed to stabilise the oil market

OPEC Divided On How To Combat Coronavirus Fallout

OPEC divided on how to combat coronavirus fallout

The extraordinary two-day meeting will see OPEC discuss how to halt the sharp fall in oil prices in the past two months as the new coronavirus epidemic has spread

OPEC To Try To Stem Oil Price Plunge Amid Coronavirus Slowdown

OPEC to try to stem oil price plunge amid coronavirus slowdown

Profits flowed despite everything

Rosneft Profit Jumps Despite Pipeline Setback, OPEC Cuts

Rosneft profit jumps despite pipeline setback, OPEC cuts

Traders at the New York Stock Exchange (NYSE) on January 29, 2020; Government data show slowing economic growth in the US

Wednesday's Stock Market Close: US Equities Jump To Record Highs In Defiance Of Virus Fears

U.S. stocks closed higher Wednesday despite continuing virus worries

Scientists are debating how the novel coronavirus, which has killed more than 1,100 people in China and spread to dozens of countries around the world, was transmitted to humans

Wednesday's Stock Market Open: US Equities Rise To Record Highs, Oil Prices Surge

U.S. stocks traded higher Wednesday reaching record highs

No cars, no need for petrol. The COVID-19 outbreak will slow the growth in oil demand this year, OPEC says

OPEC Chops Global Oil Demand Growth Forecast Over China Virus

OPEC chops global oil demand growth forecast over China virus

An OPEC committee has recommended additional oil output cuts over coronavirus

OPEC Committee Urges Output Cut Over Coronavirus

OPEC committee urges output cut over coronavirus

Russia is asking for a little more time

Russia To Make Call On Oil Output Cuts 'In Coming Days'

Russia to make call on oil output cuts 'in coming days'

Russia wants more time before any decision on output cuts

Russia Rejects Oil Output Cuts Proposed By OPEC: Reports

Russia rejects oil output cuts proposed by OPEC: reports

China's Foreign Minister Wang Yi shakes hands with his Iranian counterpart Mohammad Javad Zarif during their meeting in Beijing in December 2019

Coronavirus Update: How Is China’s Ally Iran Coping With Outbreak?

Iran needs to sell oil to China but was forced to ban air travel between the countries.

While the number of deaths and infections in China has continued to rise, analysts say investor concerns about the spread and economic impact are easing for now

US Indices End At Records As Coronavirus Fears Ebb

US indices end at records as coronavirus fears ebb

Saudi Minister of Energy Prince Abdulaziz bin Salman al-Saud had little to say to media as he attended his first OPEC meeting in his new role

Coronavirus Update: Crude Oil Prices Plunge As China Demand Slows

Crude oil prices have dropped by more than 20% since early January

Iraq is OPEC's second-biggest oil producer

Iraq Says OPEC Weighing Output Cut Over Virus Outbreak

Iraq says OPEC weighing output cut over virus outbreak

Economists worry that concerns about catching the coronavirus could dampen consumption and slow economic growth

Coronavirus Could Also Sicken Global Economy

Coronavirus could also sicken global economy

Oil traders fear slipping Chinese demand

Global Economy: Oil Prices Drop To Lowest Level In Over A Year Amid Coronavirus Outbreak

Saudi Arabia and OPEC may decide to cut production as oil demand from China falls.

Sea front promenade in the Emirati capital Abu Dhabi with the ADNOC headquarters (Abu Dhabi National Oil Company) office complex (C) in the foreground

UAE Discovers Trillions Of Cubic Feet Of Shallow Gas Reserves

Abu Dhabi National Oil Co said about 80 trillion cubic feet (2.2 trillion cubic meter) of shallow gas resources were discovered between the emirates of Dubai and Abu Dhabi, the largest of the seven-member UAE.

A 'technical meeting' at OPEC's headquarters

OPEC To Discuss Oil Price Fall After Virus Epidemic

OPEC to discuss oil price fall after virus epidemic

Tianjin Port, CNOOC in talks for LNG terminal

China Importing Record Breaking Amounts Of Crude Oil With No End In Sight

China has imported a record amount of oil this year, with Saudi Arabia as its top supplier.

The International Energy Agency still sees the global oil market still being in surplus early next year despite additional production cuts by OPEC and its allies

Oil Market Still Unbalanced Despite OPEC+ Cuts: IEA

Oil market still unbalanced despite OPEC+ cuts: IEA

Russian Energy Minister Alexander Novak spoke of a proposal to cut oil production further to keep crude prices from falling too far

OPEC Agrees Oil Output Cuts After Much 'Brain Squeezing'

OPEC agrees oil output cuts after much 'brain squeezing'

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