Reuters | Oil market whipsawed as OPEC production discussed Reuters In a session driven by headlines, oil earlier strengthened slightly after Iraq's oil minister was quoted as saying that OPEC would likely need to extend production cuts into the second half of 2017. But the oil minister, Jabbar Al-Luaibi, later told ... Oil's stall fuels doubts about its rally Oil price will soar without investment in capacity, says watchdog Oil price volatility back on the horizon once again unless lackluster investment can improve: IEA |