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...