OPEC made major cuts to crude-oil production in January, honoring its pledge to rebalance the oversupplied market
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Oil falls on economic slowdown, but OPEC output cuts offer some supportOil markets fell on Friday, pulled down by an economic slowdown, although supply...
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OPEC cuts production by nearly 800,000 barrels a day in January, pumping just above its oil targetSaudi Arabia throttles back production during OPEC's first month of output cuts aimed at draining oversupply from the oil market.
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OPEC Pursues Formal Pact With RussiaSaudi Arabia and its Persian Gulf allies are proposing a formal partnership with a 10-nation group led by Russia to try to manage the global oil market, according to OPEC officials, in an alliance that would transform the cartel.
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Oil dips on global economy jitters, but OPEC output cuts offer some supportOil markets dipped on Friday, dragged down by concerns over a global economic sl...
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