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Iran has no plans to leave OPEC despite tensions: Oil Minister

News Desk
2019-06-09

Iran says it has no plans to leave Organization of Petroleum Exporting Countries despite being treated like an enemy by...

Iran stresses probe into Qatar OPEC withdrawal

News Desk
2018-12-06

TEHRAN: Iran’s Petroleum Minister Bijan Zangeneh has underscored the importance of probing into the reasons behind Qatar withdrawal from the...

Trump blasts OPEC, warns European companies against Iran ties

News Desk
2018-07-02

BERKELEY HEIGHTS: US President Donald Trump lashed out at the Organization of the Petroleum Exporting Countries (OPEC) with a warning...

Saudi king said will boost oil output if needed: White House

News Desk
2018-07-02

RIYADH: The leader of Saudi Arabia promised US President Donald Trump that he can raise oil production if needed and...

Oil prices fall over 1 percent on recovery in US output

News Desk
2018-01-19

SINGAPORE: Oil prices dropped more than 1 percent on Friday as a bounce-back in US production outweighed ongoing declines in...

Oil near three-year highs on output cuts despite rising North American rig count

News Desk
2018-01-15

SINGAPORE: Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and...

Oil prices hit highest since 2014, but analysts warn of overheated market

News Desk
2018-01-10

SINGAPORE:  Oil prices hit their highest levels since 2014 on Wednesday due to ongoing production cuts led by OPEC as...

Oil prices edge up on lower US rig count, but below recent highs

News Desk
2018-01-09

SINGAPORE: Oil prices firmed on Monday on the back of a slight decline in the number of US rigs drilling...

Oil dips away from 2015 highs as doubts over rally emerge

News Desk
2018-01-05

seen in 2015, as soaring production in the United States undermined the 10 percent rally from lows hit in December...

Oil prices near levels last seen in 2014/2015 as market tightens

News Desk
2018-01-04

SINGAPORE: Oil prices on Thursday remained near levels last seen in late 2014/2015, with markets tightening amid tensions in Iran...