OPEC meet in Vienna
Latest News
Oil rises more than 1% on OPEC-led supply cuts, trade talk hopes
International Brent crude oil futures were at $60.89 per barrel, up 69 cents, or 1.15% from their last close
Russia's Novak to meet Saudi, Iran ministers before Vienna talks - TASS
Russian Energy Minister Alexander Novak will hold separate bilateral meetings with the oil ministers of Saudi Arabia and Iran
Opec ready for more output cuts
We will do what the market requires us to do: UAE Minister Al Mazrouei
Oil drops as OPEC makes supply cut dependent on Russian support
International Brent crude oil futures fell below $60 per barrel early in the session, trading at $59.50 per barrel
OPEC oil cuts at risk as Russia yet to commit
OPEC has made a planned cut in oil output effectively conditional on the contribution from non-OPEC producer Russia, OPEC delegates said as the group gathered for a meeting in Vienna
UAE says all must be on board in adjusting oil output
United Arab Emirates Energy Minister Suhail bin Mohammed al-Mazroui said on Tuesday that an adjustment in global oil output is required and all producers must be on board.
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video OPEC, Russia, move closer to oil output cut
video Oil rises as markets pin hopes on OPEC cut
video Qatar to leave OPEC and focus on gas
Insights
OPEC and its allies seek the nirvana of crude oil "balance": Russell
It's that rapid plunge that led OPEC and its allies to conclude that the market was no longer in balance
U.S. shale producers see OPEC pullback helping 2019 profits
Halting the steady decline toward $40s a barrel range provides confidence that U.S. companies can profitably expand drilling next year
OPEC's choices aren't getting any harder
The IEA is reporting that commercial oil stocks in Organization for Economic Co-operation and Development (OECD) nations are already above the five-year average
Qatar's OPEC Exit: UAE says decision shows decline of Doha's "role and influence"
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