Global oil traders have shrugged off Sunday's historic output-cutting deal by OPEC and its allies, with prices languishing not far from recent two-decade lows.
The...
The oil price crash startled the global market which was already apprehensive regarding the influence of the novel corona-virus pandemic on world economy. The...
Trump helps OPEC to resolve its internal differences and calls it a "great deal for all". Oil production is cut by around a million barrels a day and oil prices shoot up creating tensions or importers like India and Pakistan..
A decision by the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC producers like Russia to temporarily end a price war and cut production,...
Impoverished Yemen is mired in a devastating conflict between Iran-backed rebels and government forces that intensified after Saudi Arabia led a military intervention five...
Oil prices rocketed Thursday, posting the largest percent increase ever after US President Donald Trump said Russia and Saudi Arabia planned to end their...
Saudi Arabia's hajj minister asked Muslims on Tuesday to temporarily defer preparations for the annual pilgrimage amid uncertainty over the coronavirus pandemic.
Earlier this month,...
