Commodity
OPEC, Russia agree to slash oil output despite Trump pressure
OPEC and its Russia-led allies agreed on Friday to slash oil production by more than the market had expected despite
OPEC works on deal to cut output, still needs Russia on board
VIENNA (Reuters) – OPEC and its allies are working towards a deal this week to reduce oil output by at
A slippery trade: oil slump proves bears right
LONDON (Reuters) – The latest collapse in oil prices has proved some investors right in their lack of confidence in
The oil price swings dramatically
THE OIL price was supposed to be soaring around now. With American sanctions against Iran taking effect earlier this month, exports
U.S. renews Iran sanctions, grants oil waivers to China, seven others
The United States snapped sanctions back in place on Monday to choke Iran’s oil and shipping industries, while temporarily allowing
Israel announces new oil and gas exploration round in eastern Med
JERUSALEM (Reuters) – Israel will tender off 19 new offshore blocks to oil and gas companies, its energy ministry said
India, other nations to benefit from U.S. waiver on Iran oil buys – minister
India and other leading oil buyers will benefit from the waiver the United States has granted them from Iran sanctions,
Saudi Arabia’s might as an oil producer is being tested
OIL TRADERS are inherently strong-stomached, but even for them October has been a woozy month. On October 3rd the
India’s oil imports surge to $10.91 billion in September
MUMBAI (Reuters) – India’s crude oil imports in September touched $ 10.91 billion, up 33.6 percent from a year ago,
Saudi to meet India’s oil demand, absorb supply shocks – Falih
NEW DELHI (Reuters) – Saudi Arabia is committed to meeting India’s rising oil demand and is the “shock absorber” for