Algeria to cut oil output by 12 000 bpd under new OPEC deal
OPEC member Algeria will reduce its crude oil output by 12,000 barrels a day to comply with a deal
Saudi Arabia wants OPEC+ to deepen oil cuts due to Aramco IPO
OPEC and its allies plan to deepen oil cuts and have the deal in place so it runs at least until
IMF approves DRC bailout after China debt deal
IMF demanded that Congo ensure the long-term sustainability of its debt as a precondition for a
Fuel prices drop after 6 months
Motorists have a reason to celebrate, the price of fuel has dropped by almost R1 a litre. It is the
Oil mixed as OPEC cuts, US sanctions prop up prices
Oil prices were mixed on Tuesday as supply cuts, led by producer club OPEC, and US sanctions on fuel
Oil prices stable amid OPEC supply cuts, but US-China trade war drags
A group of producers led by the OPEC, known as OPEC+, has been withholding oil supply since the
Venezuelans left in the dark after massive blackout returns
Millions of Venezuelans were hit by a new blackout on Monday, the second to hit the OPEC nation this
OPEC is not the enemy of the US, UAE minister says
The Organization of Petroleum Exporting Countries (OPEC) is not the enemy of the United States (US),
Oversupply, faltering growth to weigh on oil prices in 2019: Poll
Crude oil prices look likely to trade below $70 per barrel in 2019 as surplus production, much of it
OPEC and partners near deal over cuts in production
OPEC ministers presented a “final draft” of an agreement for oil production cuts to a meeting Friday
Oil prices surge after US, China suspend trade hostilities
Oil prices surged on Monday after the United States and China agreed to a 90-day truce in their
Slowing demand and a supply glut to drain oil’s gains in 2019 – Poll
Oil analysts are increasingly pessimistic about the prospect of a price rally next year, when the
Oil prices rise by more than 1 pct after Saudis announce Dec supply cut
Oil prices rose by more than one percent on Monday after top exporter Saudi Arabia announced a
Saudi Arabia discussing proposal to cut oil output by up to 1 mln bpd by OPEC, allies- sources
Saudi Arabia is discussing a proposal to cut oil output by up to 1 million barrels per day by OPEC
Oil prices fall on signs of rising supplies
Oil prices fell early on Thursday, extending losses in previous sessions, amid signs of rising
Oil prices rise on signs that Iranian crude exports fall further
Oil prices rose on Tuesday as more evidence emerged that crude exports from Iran, OPEC’s
Does OPEC set high oil prices?
OPEC, the powerful Vienna-based oil producing cartel, stands accused by US President Donald Trump of
Iran, major powers labour to keep nuclear deal afloat
In a statement after a meeting of Britain, China, France, Germany, Russia and Iran, the group said
Jeff Radebe calls for oil price control
Minister of energy Jeff Radebe says they will be engaging with OPEC to look at ways and options to
OPEC sees lower 2019 demand for its oil, points to surplus returning
OPEC on Wednesday forecast world demand for its crude will decline next year as growth in