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The OPEC cartel has agreed to cut production to boost prices, and reports suggest the deal could be extended......»»

SINGAPORE (Reuters) - Oil prices held firm on Friday on strong demand, ongoing supply cuts led by producer cartel OPEC and looming U.S. sanctions against major crude exporter Iran......»»

SINGAPORE (Reuters) - Oil prices held firm on Friday on strong demand, ongoing supply cuts led by producer cartel OPEC and looming U.S. sanctions against major crude exporter Iran......»»

Oil surged Wednesday after a report said that OPEC will likely keep output cuts through the end of the year. Prices had been falling last week after reports said the cartel could increase out.....»»

SINGAPORE (Reuters) - Oil prices rose on Friday, driven up as Venezuela struggles to meet its supply obligations and by ongoing voluntary output cuts led by producer cartel OPEC......»»

SINGAPORE (Reuters) - Oil prices were stable on Friday, supported by Venezuela's struggles to meet its supply obligations and by ongoing output cuts led by producer cartel OPEC, although surging U.S. crude output was looming over markets......»»

On Thursday OPEC published its annual statistical review of the cartel's oil and gas market data for 2017......»»

The president of OPEC says the cartel has not been asked by the United States to boost oil production in the face of collapsing output in Venezuela and US sanctions on Iran......»»

OPEC president Suhail Al Mazrouei tells CNNMoney's John Defterios that the cartel's decisions are made to ensure market stability......»»

Crude-oil futures trade slightly lower early Tuesday as a report on monthly oil output from the Organization of the Petroleum Exporting Countries indicated higher production from the cartel led by swing producer Saudi Arabia......»»

OPEC pumps more oil in May, driven by higher output from Saudi Arabia, according to monthly data from the cartel released Tuesday......»»

SINGAPORE (Reuters) - Oil prices fell on Wednesday, pulled down by rising supplies in the United States and expectations that voluntary production cuts led by producer cartel OPEC could be loosened......»»

The president criticized the cartel on Twitter, echoing a tweet from April......»»

The president criticized the oil cartel on Twitter in advance of its meeting to discuss easing supply caps......»»

Iran rejected a potential compromise at OPEC, saying that it won’t support even a small increase in oil production when the cartel meets on Friday......»»

Later this week, the Organization of Petroleum Exporting Countries and Russia meet in Vienna. The cartel and Russia, the largest non-OPEC oil producer, are expected to discuss potentially upping output to take advantage of higher prices. read more.....»»

SYDNEY (Reuters) - Asian shares were subdued on Thursday as a lull in the Sino-U.S. trade tussle helped calm nerves enough for the Nasdaq to reach a record high, while tensions in the oil market grew ahead of an OPEC meeting that may expand crude supply......»»

SYDNEY (Reuters) - Asian shares crept ahead on Thursday as a lull in the Sino-U.S. trade tussle and talk of more Chinese stimulus helped calm nerves, while tensions in the oil market grew ahead of an OPEC meeting that could expand the supply of crude......»»

June has been chocked full of meetings that have shaken up investors, but now it is oil’s turn as OPEC revs up. Still, don’t bet you know the cartel so well, says our call of the day......»»

De-facto OPEC leader Saudi Arabia is pushing for the 14-member oil cartel to increase crude production by 1 million barrels per day (bpd) this week......»»