Wall Street JournalOPEC Ministers Reach for Compromise on Oil OutputWall Street JournalALGIERS—OPEC ministers began a closed-door session this afternoon to discuss a proposed cut to the cartel's oil production, the latest attempt to stem a two-year cru …

Surge in Consumer Confidence Drives Rally After Days of LossesNew York TimesOil prices fell after investors were disappointed again that members of the Organization of the Petroleum Exporting Countries did not make a deal to limit production. United States …

Wall Street JournalSaudi Oil Minister Offers Hope on Output Curb at November MeetingWall Street JournalBut at the same time, Mr. Falih, who oversees Saudi oil policy and is among the most influential voices in the energy industry, offered hope OPEC could d …

Is This $24 Billion Petrochemical Megaproject A Boon For Oil?OilPrice.comOne market that energy investors sometimes spend very little time thinking about is plastics. Despite the fact that plastics are an oil derivative, energy investors tend to focus on o …

CNNMoneyOil prices tank as hopes of production freeze fadeCNNMoneyIraq, the cartel's second largest producer, had boosted hopes of an agreement earlier on Tuesday. The country's oil minister Jabbar Al-Luiebi said that Baghdad was willing to freeze …