Nov.30 -- An OPEC deal to curtail oil production and prop up global prices appeared in jeopardy as Iran said it won’t make cuts while Saudi Arabia insisted Tehran must be willing to play a meaningful role in any agreement. Ministers gathering in Vienna before Wednesday’s crucial OPEC meeting...
Oil tumbled to the lowest level in nine months, pulling energy stocks down, amid growing concerns that OPEC-led output cuts are failing to ease a global supply... S.China Morning Post - BusinessAlso reported by •Seattle Times •Reuters •RTE.ie •Zee News
The recent drop in price indicates that efforts by OPEC and 10 other oil-producing countries to cut their production to reduce a supply glut and push prices... SeattlePI.com - BusinessAlso reported by •Reuters India
SEOUL (Reuters) - Oil prices rose more than 1 percent early on Monday on a weaker dollar, but another rise in U.S. drilling activity stoked worries that a global... Reuters India - BusinessAlso reported by •RTE.ie