There was much gnashing of teeth as Qatar’s grand meeting of oil producers failed to reach agreement Sunday to freeze production at January levels. Commentators predicted a collapse in oil Continue Reading
The royalty of the global oil world descends on this Persian Gulf outpost this weekend to discuss freezing its collective output, a gambit to end a nearly two-year price rout. Continue Reading
This weekend, 13 countries with little in common will attempt to act as one – by coming to an agreement to curb oil production and prop up prices. But the Continue Reading
Nations representing almost 60 percent of the world’s oil production will gather in Doha on April 17 to discuss freezing their output at January levels in an effort to stabilize Continue Reading
OPEC warns oversupply persists amid record inventories OPEC believes crude supply outside the producer group is set to fall more than expected, with weaker Chinese, Colombian, UK and US oil Continue Reading
An agreement by producing countries to freeze crude production at the Doha meeting on Sunday would have a limited impact on oil flows, the International Energy Agency said Thursday. OPEC Continue Reading
Play VideoPlayMuteCurrent Time 0:00/Duration Time 0:00Loaded: 0%Progress: 0%Stream TypeLIVERemaining Time -0:00Playback Rate1Chapters Chapters Subtitles subtitles off Captions captions settings captions off Fullscreen This is a modal window. No compatible source Continue Reading
The world economy is increasingly at risk of stalling, the International Monetary Fund warned Tuesday as it once again cut its forecast for global growth prospects. The IMF said it Continue Reading
All signs suggest that a meeting of OPEC and non-OPEC oil producing countries in Doha on April 17 will produce an initial agreement to freeze output, Kuwait’s OPEC governor Nawal Continue Reading
Kuwait hopes that coordination among oil producers inside and outside OPEC will help to stabilize the market, acting oil minister Anas al-Saleh told reporters on Sunday. “As long as there Continue Reading
