ReutersOil falls 3 percent on swelling oversupplyReutersLONDON Oil prices fell 3 percent on Monday as Iraq announced record-high oil production feeding into a heavily oversupplied market, wiping out much of the gains made in one of the biggest-ever daily r …

ReutersOil falls 4 percent on swelling oversupplyReutersLONDON Oil prices fell 4 percent on Monday as Iraq announced record-high oil production feeding into a heavily oversupplied market, wiping out much of the gain made in one of the biggest-ever daily ra …

Reuters UKIran oil minister says proposed OPEC emergency meeting may hurt marketReuters UK"There should be an intention to make a firm decision in such a meeting; otherwise, the meeting will have a negative impacts on world oil markets," Iran&#39 …

ReutersOil down; China, Wall Street tumble erase early rally on Middle EastReutersEarlier in the session, oil had rallied after a breakdown in diplomatic ties between Saudi Arabia and Iran that some analysts speculated could result in supply restrictions o …

ReutersIran says boosting oil exports depends on future demandReutersOil prices are likely to come under further pressure this year, when international sanctions on Iran are due to be removed under a nuclear deal reached in July. Brent crude LCOc1 settled …

ReutersOil prices drop for seventh session on oversupplyReutersLONDON Crude oil futures fell for a seventh straight session on Monday, their longest losing streak since mid-2014, on growing fears that the global oil glut would worsen in the months to come …

CNBCWhy OPEC's plan to balance oil markets backfiredCNBCConventional thinking then was that the U.S. oil patch would be littered with bankruptcies, and production would collapse. As for Russia, the world's largest energy producer would be forced to …

Reuters UKVenezuelan oil minister says OPEC cannot allow a price warReuters UKTEHRAN OPEC cannot allow an oil price war and must take action to stabilise the crude market soon, Venezuelan oil minister Eulogio del Pino said on Sunday. "OPEC has to do s …

Reuters UKIran oil minister says does not expect OPEC policy change at Dec. 4 meetReuters UK"To increase Iran's oil production in the global market after the lifting of sanctions, we don't need permission from OPEC (the Organization of the Pet …

Iran says does not need OPEC permission to increase oil productionReuters"To increase Iran's oil production in the global market after the lifting of sanctions, we don't need permission from OPEC or any other organization," Iran's oil …