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Oil slips as OPEC-Texas agreement looks less likely

Oil dropped toward the lowest level since 2003 as prospects for a deal between OPEC and Texas to limit production appeared to...

Russia keeps door open for OPEC amid threats to raise output

Russia stepped up its price war with Saudi Arabia by warning it can raise oil production, while also saying further cooperation...

Budget woes for Nigeria as crude oil price plummets

There are strong indications that financial troubles await Nigeria as crude oil price fell to $46.31 per barrel, $11 below the 2020...

Russia feuds with OPEC countries as oil price freefall continues

Members of the Organisation of the Petroleum Exporting Countries (OPEC) have put a deal to other countries to further cut oil production...

OPEC political troubles creating new supply risks

OPEC may have no appetite to cut oil production deeper when it meets next month, but flaring political crises across the...

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Nigeria joins oil war, makes brutal price cuts

…Selling barrels at record discounts to Brent…Traders see lackluster buying, weak demand from refiners Nigeria opened a new front...

Oil slips as OPEC-Texas agreement looks less likely

Oil dropped toward the lowest level since 2003 as prospects for a deal between OPEC and Texas to limit production appeared to...

Oxy nears truce with Icahn, adding new directors to its board

Activist investor Carl Icahn is nearing a truce with Occidental Petroleum Corp. that will see three new directors appointed to the oil...

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