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Oil prices surge to a 7-year high on the back of supply disruption fears and surging demand

Brent and WTI oil prices on Tuesday hit their highest levels since October 2014. Brent reached past $88 a barrel following an attack in Abu Dhabi ....

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OPEC's incoming top official says keeping OPEC+ pact is top priority

LONDON/KUWAIT OPEC’s secretary general-elect told Reuters on Monday a top priority for him is to keep the group’s pact with Russia and other outside… ....

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OPEC's incoming top official says keeping OPEC+ pact is top priority

By Alex Lawler and Ahmed Hagagy LONDON/KUWAIT (Reuters) - OPEC's secretary general-elect said on Monday a top priority for him is to keep the group's pact with Russia and other producers in place, since it is in the wider interest of the oil industry. ....

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IEA urges OPEC to take 'necessary steps' to lower oil prices

PARIS:The head of the International Energy Agency urged the Organization of the Petroleum Exporting Countries on Wednesday to take measures to help bring oil prices down to “reasonable levels.” “I very much hope to see in the next meeting or meetings they . make the necessary steps in order to comfort the global oil markets and help bring the prices down at reasonable ....

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