Richard Mallinson, geopolitical analyst at Energy Aspects, says OPEC members need to get Iran to agree to some form of oil production cut.
There are more than a few potential pitfalls that could make investors eager to "sell in May" this year.
Donald Trump said that if elected, he might halt oil purchases from Saudi Arabia and other Arab allies unless they commit troops to fight Islamic State. The New York Times reports.
Iran may join other oil producers planning to freeze production to support prices at a later date, OPEC's secretary general said on Monday.
The ratings agency downgrades Saudi Arabia's banking system to 'negative' from 'stable.'
OPEC and non-OPEC producers will hold a meeting in the Qatari capital on April 17.
Low oil prices are continuing to hit Saudi Arabia with Moody's warning that "credit risks" across the country's financial system are rising.
The country's central government orders all ministries and state bodies to implement spending cuts.
One country held on to its decade-long spot topping the World Bank's ranking of the easiest places to do business.
Saudi Arabia's government has ordered ministries to cut their spending on contracts, a document seen by Reuters shows.
Jan Stuart, Credit Suisse, shares his outlook on oil prices and risks associated with oil supply, especially in Saudi Arabia.
The Gulf Cooperation Council's budget deficits are about 10 percent of GDP this year, says Hans Goetti from Banque Internationale A Luxembourg.
IEA’s head of the oil industry and markets division, Neil Atkinson discusses the reports circulating around a potential cut or freeze in oil production by OPEC and non-OPEC members.
Gal Luft, senior adviser to the United States Energy Security Council, says Saudi Arabia will keep prices low to knock out its fracking opponents.
Saudi Arabia is seeking its first significant foreign borrowing for over a decade, sources told Reuters.
Oil's fall has been spectacular, but the market is not out of the woods. Not by a long shot, says John Kilduff.
Predictions of an oil rally to $50 a barrel has markets excited, but IHS cautions that the commodity hasn't done rebalancing yet.
Moody's has cut its outlook for the debt ratings of Saudi Arabia and three other Gulf states while lowering Bahrain's rating to junk.
Moody's placed Russia and Saudi Arabia on review for ratings downgrades, citing their exposure to the oil and gas industry.
Alex Thursby, CEO of NBAD, says it is important to be aware of the liquidity situation and says there are issues in Saudi Arabia and Qatar.