Oil prices fell over 1 percent on Tuesday, with Goldman Sachs warning that August’s price rally had been overdone and that a proposed oil production freeze at current near-record levels Continue Reading
Oil refinery August 11, 2016 may be the point in this oil price cycle that will mark the start of a sustained increase in crude oil prices. That’s the date Continue Reading
It’s possible that OPEC is crying wolf with hints of an output freeze next month in Algiers; but it’s also possible that they are ramping up production to take the Continue Reading
OPEC’s secretary-general will visit members Iran and Qatar next month, just weeks before the group holds informal talks in Algeria, according to a person with direct knowledge of the matter. Continue Reading
Minister might not decide until day before meeting: spokesman Iran said to have confirmed attendance in letter to OPEC Iran says it still hasn’t decided whether it will attend informal Continue Reading
A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf July 25, 2005. Iran is sending positive signals that it may support joint Continue Reading
Wiping out two-day losses, oil spiked on Tuesday on vague speculation emanating from a Reuters report headlining “positive signals” from Iran that it could back an output freeze to counter Continue Reading
Oil prices rose Tuesday, erasing early losses, on indications that Iran might cooperate with other global exporters as they explore ways to keep oil prices from falling. Iran sent a Continue Reading
Iran is sending positive signals that it may support joint action to prop up the oil market, sources in OPEC and the oil industry said, potentially aiding efforts to revive Continue Reading
The Latest on the Syrian civil war (all times local): 10 p.m. The United Nations says it’s extremely concerned at the plight of more than 65,000 people who have fled Continue Reading
