[SEOUL] Crude oil futures extended gains in early Asian trade on Monday on short-covering demand, with both Brent and US crude near US$32.50 a barrel.
OPEC's biggest crude producer Saudi Arabia will have its sights set on the upstart US shale oil business at a crucial cartel meeting to debate possible output cuts on Thursday...
AS November draws to a close, there are two major events that could profoundly change the oil markets.
THE Organization of Petroleum Exporting Countries (Opec) will hold one of its toughest and most significant meetings in recent years as, faced with sliding prices, its members must contemplate...
GULF oil producers led by Saudi Arabia will likely reject output cuts at an Opec meeting next week unless they are guaranteed their market share in a highly competitive market, analysts say.
THE upcoming meeting of the Organization of Petroleum Exporting Countries (Opec) in Vienna on Nov 27 has been billed as likely to be one of its toughest yet, and with good reason. Whatever happens at...
SINKING oil prices may spell gloom for producers but may be just what global growth needs.