OPEC

OPEC

Government policy | Infrastructure
Oil prices on the rise as Gulf States sever ties with Qatar amid fears of terrorism

Oil prices on the rise as Gulf states sever ties with Qatar amid fears of terrorism

After months of tumbling oil prices, a dramatic escalation of the rift between Saudi Arabia and Qatar has pushed markets up by one percent
Energy | Markets
OPEC agrees to extend output curbs, but falls short of experts’ expectations

OPEC agrees to extend output curbs, but falls short of experts’ expectations

OPEC members and other oil producers have reached a deal to prolong production cuts for a further nine months

Energy | Markets
For the first time since 2008, OPEC has bowed to pressure from the global oil industry and agreed to reduce its production of the commodity

OPEC agrees to reduce oil output

For the first time since 2008, OPEC has agreed to a substantial cut in its oil production
Energy | Markets
Moving on up: BP's former chief executive Tony Hayward made the claim that oil prices are recovering at a recent FT summit in Switzerland. Others have backed his prediction

The only way is up for oil prices, says Hayward

After a year of falling oil prices, former BP executive Tony Hayward claims it is now set to rise again
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