FortuneIran Just Trashed the Oil Price Recovery PartyFortuneIran's oil minister, Bijan Zanganeh, said on Sunday that the Islamic Republic would only cooperate in restraining output once its own production levels hit 4 million barrels a day, roughly whe …

Global Oil Prices Mainly FlatWall Street JournalLONDON—Global oil prices were mainly flat on Monday, as investors looked for direction and waited for news on a possible oil-production freeze from several key producers. The global benchmark, Brent crude, wa …

CNBCOil Rallies on IEA ReportWall Street JournalBooming U.S. oil output due to new shale-oil drilling technologies helped push the global crude market into oversupply in mid-2014 and sent prices plunging. Since then, domestic output has remained more resil …

Saudi, Russian Oil Ministers Head to Qatar to Discuss ProductionWall Street JournalThe energy ministers of Saudi Arabia and Russia—the world's two largest crude-oil exporters—are set to discuss production in Qatar on Tuesday, OPEC delegates said Monday …