Iran's nuclear talks may be the catalyst to break oil prices out of a tight trading range, created by record oil production meeting a wave of surprisingly strong demand.» Read More
For 2015, the average price for Brent crude will likely be $61 a barrel, says Craig McMahon, head of APAC Research at Wood Mackenzie.
Neil Atkinson, head of analysis at Lloyd's List Intelligence, discusses OPEC's decision to maintain oil production levels.
Two different oil ministers from OPEC have suggested the cartel could raise its production target.
Charles Whall, portfolio manager at Investec Asset Management Global Energy Fund, explains why there's "no discipline within OPEC" and if it chooses to do nothing, price volatility will continue.
Even beyond talk of a "June swoon," an unusual number of major events makes this month a critical time for markets.
Gareth Lewis, senior oil strategist at BNP Paribas, looks forward to this week's OPEC meeting.
*Crops grow from Gulf to Russia in advanced greenhouses. AMSTERDAM, May 28- From the rooftops of Amsterdam to the expanses of Kazakhstan, Dutch technology is helping food producers to meet the needs of both gourmets and growing populations facing uncertain supplies. One of the most densely populated countries in the world, the Netherlands has long learnt to...
His Royal Highness Prince Khaled bin Alwaleed explains why the U.S. strategy of supplying more weapons to the Iraqi forces isn't the solution to ensure Iraq's stability.
Speaking to CNBC at the World Economic Forum in Jordan over the weekend, His Royal Highness Prince Khaled bin Alwaleed, discusses the influence of his father, Prince Talal bin Abdulaziz.
NEW YORK, May 22- As the United States raced over the past five years toward becoming a global petroleum powerhouse, the world's biggest oil exporter Saudi Arabia quietly seized a market milestone from America: the largest source of peak summer demand. From June through August, when temperatures in Riyadh routinely rise above 100 degrees Fahrenheit, Saudi...
Saudi Arabia, the world's largest crude exporter, could phase out the use of fossil fuels by the middle of this century. The Financial Times reports.
*Front month U.S. crude was up 8 cents at $59.51 a barrel at 0018 GMT, after finishing down 26 cents in the previous session. *Global crude oil prices are not expected to fall in the second half of 2015, Kuwait's OPEC governor said on Monday, and any surplus supply was due to shale producers rather than OPEC. *Crude output by OPEC member Algeria will rise by at least 32,000...
Walter Isaacson, Aspen Institute CEO, provides perspective on President Obama's meeting with Persian Gulf leaders over concerns about talks the United States is having with Iran.
While the number of rigs operating is down more than 50 percent, oil production in the U.S. actually upticked last week, John Kilduff said.
Insight to Saudi Arabia's impact on oil prices, with John Kilduff, Again Capital, and Leo Mariani, RBC Capital Markets.
After weeks of U.S-backed strikes against rebels in Yemen, a ceasefire has been agreed. We recap the events leading to this point.
The only languages that really count at this summer's OPEC meeting will be Arabic, Farsi, Kurdish and money.
“This has been a slow moving train wreck over several years,” said Robert Jordan, former U.S. ambassador to Saudi Arabia.
OPEC may think that oil will stay under $100 a barrel for the next decade but two pros say this is what can push crude back to that level.
The new king of Saudi Arabia has decided not to attend a summit at the White House and Camp David this week. Insight, with Robert Jordan, former Ambassador to Saudi Arabia.