oil output cut

Oil prices slip as hopes for a deal in Algiers fade
Business

Oil prices slip as hopes for a deal in Algiers fade

Crude futures fell further on Tuesday as optimism faded for an output-limiting deal during an oil producer meeting in Algeria…
Oil prices rebound after Algeria says all options open at OPEC meeting
Business

Oil prices rebound after Algeria says all options open at OPEC meeting

Crude prices rebounded on Monday after Algeria's energy minister said the day before that all options were possible for an…
Oil slumps 4 percent as no output deal expected for OPEC
Business

Oil slumps 4 percent as no output deal expected for OPEC

Oil prices tumbled 4 percent on Friday on signs Saudi Arabia and arch rival Iran were making little progress in…
Saudis offer oil cut for OPEC deal if Iran freezes output: sources
Business

Saudis offer oil cut for OPEC deal if Iran freezes output: sources

Saudi Arabia has offered to reduce oil production if rival Iran agrees to cap its own output this year, in…
Brent oil breaks above $50 for first time in seven months
Business

Brent oil breaks above $50 for first time in seven months

Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months as a…
Oil freeze deal faces trouble as Saudi-Iran tensions spike
Business

Oil freeze deal faces trouble as Saudi-Iran tensions spike

A spike in tensions between arch-rivals Saudi Arabia and Iran appeared on Sunday to ruin prospects of the first binding…
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