The EconomistThe future of oilThe EconomistOil has changed history. The past 100 years have been pockmarked with oil wars, oil shocks and oil spills. And even in the 21st century its dominance remains entrenched. It may have sped everything else up, but th …

The EconomistA tricky time for oil producersThe EconomistSOME CALL IT “Texarabia”. In Midland, West Texas, every bare 40-acre plot of land appears to have a pumping unit on it, drawing oil from the shale beds of the Permian Basin up to 12,000 feet (3,700 m …

ReutersOil prices edge up ahead of OPEC meeting to discuss output cutsReutersLONDON Oil prices were slightly higher on Thursday ahead of next week's meeting of the Organization of the Petroleum Exporting Countries (OPEC) to discuss implementation of it …

ReutersOil prices steady ahead of OPEC meeting to discuss output cutsReutersRussia could revise down its 2017 oil production plans if a global output freeze comes into force, effectively cutting output by 200,000-300,000 barrels per day (bpd), Energy Minis …

ReutersOil may rise to $55 if all producers cooperate: IranReutersThe Organization of the Petroleum Exporting Countries is moving closer toward finalizing its first deal since 2008 to limit oil output, with most members prepared to offer Iran significant f …

ReutersOPEC head to meet Iran oil minister: SHANAReuters"Consultation about the topics of the OPEC ministers meeting in Vienna on November 30 ... as well as reviewing recent developments of the oil market will be the main topics of the discussions bet …

ReutersOPEC moves closer to oil output deal as Iran gets new offerReutersAt the meeting, OPEC member countries proposed Iran cap its oil output at 3.92 million barrels per day (bpd), a source familiar with the proposal told Reuters. Iran has previously sai …

ReutersIran says hopes Russia, Saudi can agree on oil market movesReuters"I hope the two sides can reach an understanding, ... that and Russia and non-OPEC countries will reach an understanding over the decision by OPEC members to decrease oil product …

BloombergIran oil minister: hopes soon to reach Qatar's gas productionReutersIran plans to increase its crude oil production to 4 million barrels per day in 2019 and 4.28 million bpd in 2020, while boosting condensate output to 1 million bpd as early a …

ReutersOil soars 6 percent as OPEC reaches deal to limit output in NovemberReutersNEW YORK Oil prices jumped as much as 6 percent on Wednesday after OPEC sources said the group has reached a deal to limit crude output at its policy meeting in November, a s …