Person: Stephen Schork

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

Oil falls on fear of Opec deal fail

Oil fell below $45 in New York yesterday as an Organization of the Petroleum Exporting Countries (Opec) deal to curb output appeared in jeopardy after Iran and Saudi Arabia failed to bridge differences.

Wed, 30 Nov, 2016

(FILES) Picture taken 15 January 2007 sh

Oil price advances as Iran backs production freeze

Crude oil extended gains after Iran said it supported a proposal by Saudi Arabia and Russia that would freeze production at near-record levels, without saying whether it would curb its own output.

Thu, 18 Feb, 2016

Decrease in oil prices leads to speculation that Opec will curb output

Brent has advanced on speculation that the drop in prices below $80 a barrel for the first time in four years increases the likelihood that the Organisation of the Petroleum Exporting Countries (Opec) will curb output.

Sat, 15 Nov, 2014

Petrol in US may have reached annual peak

US petrol at the pump may have reached its annual peak the earliest in 14 years, amid rising oil supply, easing Middle East tensions and the takeover of refineries that were threatened by closure.

Thu, 10 May, 2012