OPEC

Oil prices jump as OPEC ministers expect to agree on production cut

Oil prices jumped Wednesday as members of the Organization of the Petroleum Exporting Countries (OPEC) voiced confidence that they could reach a deal to cut output for the first time since 2008....

OPEC officials optimistic about output cut, but markets uncertain

Members of the Organization of the Petroleum Exporting Countries (OPEC) voiced optimism Monday that they could reach a price-boosting deal this week to cut oil output, but markets were not...

OPEC urges non-cartel oil producers to cooperate with output limit

Global oil supplies are at risk in the long run unless countries both in and outside the Organization of the Petroleum Exporting Countries (OPEC) cooperate now to bolster oil prices, OPEC ...

Russia joins OPEC nations in talks over freeze on oil production

Members of the Organization of Petroleum Exporting Countries (OPEC) met Saturday with Russia and six other non-OPEC states to discuss a possible freeze on production, after talks continuing late...

OPEC meets in Vienna to discuss possible freeze on production

Members of the Organization of Petroleum Exporting Countries (OPEC) met Friday in Vienna for talks about a possible freeze on production.

Putin: Russia ready to join OPEC members in limiting oil production

Russia is ready to join members of the Organization of Petroleum Exporting Countries (OPEC) in limiting production of crude oil, President Vladimir Putin said Monday, as exporters look to prop up...

Iran calls for OPEC production quotas as cartel mulls output levels

The Organization of the Petroleum Exporting Countries (OPEC) should set production quotas for individual members, Iran demanded Thursday at a meeting of the cartel, highlighting divisions over the...