Oil prices have surged in the wake of this weekend’s agreement by Russia and some 12 other non-OPEC oil producers to align with OPEC’s agreement in Vienna on quotas and

The crude oil market has been whipsawed by a flurry of contrasting headlines and misinterpreted or just plain badly reported news stories in recent days, and indeed, as OPEC’s high

This morning’s headlines of Saudi Arabia’s threat to raise output and the quick denial by OPEC Secretary General Mohammed Barkindo should be taken for what they are: the usual OPEC

Oil prices have been ratcheting down in recent days as doubts build over an OPEC output agreement. *** But in the last 24 hours or so, a compromise on Iraq’s

OPEC officials emerged from six plus hours of meetings in Algiers announcing with great fanfare that they have reached consensus that the oil cartel’s total production needs to be cut

Key Takeaways: An OPEC output freeze in Algiers next week is highly unlikely, but there is considerable momentum in talks led by Saudi Arabia and Russia to shift the policy

There has been considerable speculation over the most likely consequences for near term oil prices and Saudi Arabia’s oil policy after the ungracious ouster on Saturday of Ali al-Naimi as

For all the skepticism and angst over hedge fund longs going into last weekend’s Doha meeting, crude oil markets have displayed impressive resiliency in the days since despite the failure

All else being equal, things could have been a lot worse after the debacle in Doha. Oil prices are reasonably stable the morning after, supported perhaps by the Kuwaiti oil

Right up to the final moments of the long oil producers meeting in Doha today, most of the oil officials at the Sheraton were still expecting Saudi oil minister Ali

After all these long months of posturing and public vows, the flushing out of positions and back channel negotiations, the efforts to underpin a higher equilibrium in oil prices has

Oil prices remain under pressure today after Friday’s sharp selloff as doubts continue to linger over Saudi oil policy in the wake of the remarks by Saudi Deputy Crown Prince

Oil prices are reeling in the wake of the bombshell assertions reportedly made by Saudi Deputy Crown Prince Mohammed bin Salman that the Kingdom will not continue to participate in

The resignation of Iraqi oil minister Adel Abdul-Mahdi will not have any impact on the April 17 meeting of OPEC and non-OPEC oil ministers in Doha to ratify and broaden

Three essential points to clarify the politics of the efforts to broaden the oil output freeze in the wake of the meeting in Tehran between Russian oil minister Alexander Novak

The news ripped across the wires earlier this morning that the prospects for the planned oil producer meeting in Moscow on the oil output freeze were rapidly diminishing. *** It

A key driver in the pricing across all markets, not just the oil market, seems to be whether a promised meeting later this month in Moscow among the major oil

The volatility in oil prices in the wake of the way Saudi Oil Minister Ali al-Naimi’s remarks in Houston at the annual IHS CERAWeek conference have been reported warrants a

In light of the slow but steady “trust-building” movement towards an OPEC non-OPEC oil output agreement, and the faster moving developments on the ground in Syria and diminishing near term

The single most important takeaway in this morning’s news from Doha that Saudi Arabia and Russia have agreed to a provisional oil output “freeze” is that both countries have come