oil output

Oil prices fall as Saudi Arabia dampens prospects of output freeze
Business

Oil prices fall as Saudi Arabia dampens prospects of output freeze

Oil prices fell on Friday after the Saudi energy minister tempered expectations of strong market intervention by producers during talks…
Oil falls as China fuel exports jump, US rigs rise
Business

Oil falls as China fuel exports jump, US rigs rise

Oil prices fell nearly 3 percent on Monday as China ramped up exports of refined products, U.S. oil producers added…
Ahead of meeting, OPEC seems close to riding out price slump
Business

Ahead of meeting, OPEC seems close to riding out price slump

OPEC is not yet in safe harbor. But ahead of a top-level meeting, the 13-nation oil cartel appears close to…
Oil falls after Iran dampens hopes for production freeze
Business

Oil falls after Iran dampens hopes for production freeze

Brent oil prices fell for a fourth consecutive session on Monday after Iran insisted it would not freeze crude output,…
Oil falls as investors cash in on month-long gains
Business

Oil falls as investors cash in on month-long gains

Oil prices fell on Friday as investors cashed in on a 20-percent rise over the past month, outweighing the impact…
Refining’s silver lining loses luster at Exxon and Chevron
Business

Refining’s silver lining loses luster at Exxon and Chevron

Exxon Mobil Corp and Chevron Corpon Friday reported their most dismal quarterly results in more than a decade on low…
Crude oil prices steady after hitting new 2016 highs
Business

Crude oil prices steady after hitting new 2016 highs

Oil futures steadied after setting new 2016 highs on Thursday as traders locked in profits, though analysts said supply disruptions,…
Oil heads for third week of gains as sentiment turns upbeat
Business

Oil heads for third week of gains as sentiment turns upbeat

Oil prices rose on Friday towards US$45 a barrel, heading for a third straight week of gains as market sentiment…
Botched Doha deal undermines OPEC credibility, oil prices tumble
Business

Botched Doha deal undermines OPEC credibility, oil prices tumble

Oil prices tumbled on Monday after a meeting by major exporters in Qatar collapsed without an agreement to freeze output,…
Iran will not attend Doha oil freeze talks on Sunday: sources
Business

Iran will not attend Doha oil freeze talks on Sunday: sources

Iran will not attend a meeting between OPEC and non-OPEC member countries about freezing oil output levels scheduled for Doha,…
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