Oil producers might have to extend output cuts: Saudi Minister
Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed for the first six months of the year in order to achieve the desired rebalancing of the market.
Apr 20, 2017, 13:50 PM IST
Oil prices hit lowest since November on expanding US inventories
Oil prices slipped to almost four-month lows on Wednesday after data showed U.S. crude inventories rising faster than expected, piling pressure on OPEC to extend output cuts beyond June.
Mar 22, 2017, 17:41 PM IST