CNBCOil needs to stay at $55 a barrel for the industry to turn around: Wood MackenzieCNBCIf the cuts materialize to push oil prices up sustainably to $55 a barrel or more, the oil and gas industry will turn cash flow positive in 2017, marking the first upt …

CNBCOil jumps 5 percent in Asia as OPEC and non-members strike dealCNBCCrude oil prices jumped at the Asian open on Monday after the Organization of the Petroleum Exporting Countries (OPEC) and non-member producers agreed on a deal at the weekend to cut ou …

CNBCOil jumps in Asia as OPEC and non-members strike dealCNBCCrude oil prices jumped at the Asian open on Monday after the Organization of the Petroleum Exporting Countries (OPEC) and non-member producers agreed on a deal at the weekend to cut output to ea …

CNBCOil prices likely to dip, but that may not last long, analyst saysCNBCAlthough OPEC is pumping record amounts of crude oil, an expected new dip in prices may not last long, energy analyst Matt Smith told CNBC on Wednesday. The director of commodity res …

CNBCOPEC oil limit deal is not a deal, just an 'agreement to agree'CNBCLow oil prices have produced domestic budget deficits in Saudi Arabia, forcing it to cut perks for its huge pool of public sector employees. Meanwhile, Iran's return to oil …

CNBCEnergy stocks push Asian markets higher, after oil prices surge on OPEC dealCNBCMost Asian markets closed higher on Thursday after an oil-price rally amid reports of potential production cuts, but India's shares dropped after reports that the India …

Financial TimesOpec agrees on oil output cut at Algiers meetingFinancial TimesSome of the world's biggest oil producers have agreed to cut production for the first time in eight years, sending crude prices higher by more than 6 per cent and sparking bi …

CNBCSaudi Arabia-Iran tensions ignite OPEC worriesCNBCThe meeting comes at a crucial juncture for oil prices that have witnessed a pronounced downturn amid an economic slowdown, excess supply from traditional producers as well as competition from shale pro …

CNBCForget the OPEC oil freeze — worry about the thaw in outputCNBCOil prices climbed more than 3 percent on Monday ahead of a hotly anticipated statement from OPEC members and other producers led by Russia as to whether they will act to stabilize oil pric …

CNBCOPEC unlikely to clinch oil deal until November, analysts sayCNBCNo real decisions will be made regarding an output deal but oil ministers are likely to say they are making progress, a move that effectively postpones any decision making until OPEC' …