Inside Story

Can OPEC still control the oil market?

Cartel members are debating whether to extend a deal to reduce output.

Business & Economy

Saudi Arabia wants oil prices to rise to $60 in 2017

OPEC heavyweight and Gulf allies believe the rise would increase investment without causing a jump in US shale output.

Saudi Arabia wants oil prices to rise to $60 in 2017

Opinion

Gasolinazo protests: The symptom of a bigger crisis

Mexico is seeing yet another wave of protests and violence and gas shortages are not the real problem.

Edgardo Buscaglia

by Edgardo Buscaglia

Edgardo Buscaglia

Counting the Cost

Economic outlook: Business stories to watch in 2017

US-China relations ended 2016 under a dark cloud, so will these two economic titans go on a collision course in 2017?

Counting the Cost

Oil alliance: A new era for oil?

We examine new challenges facing the market just as OPEC and other oil-producing nations put aside their differences.

Counting the Cost

Game of oil: Behind the OPEC deal

OPEC member nations have agreed to cut oil production, but how will the deal affect the global economy?

Inside Story

Will OPEC's deal to cut production work?

OPEC member nations agreed to cut oil output at a meeting in Vienna, which could mean lower supplies and higher prices.

Oil Price

Oil prices surge as OPEC reaches production deal

Oil price jumps to $50 as OPEC members agree to cut production by 1.2 million barrels per day from January 2017.

Oil Price

OPEC seeks to nail down oil output cut in Vienna

OPEC members are meeting in Vienna in an attempt to stabilise the global market by cutting oil output.

Arab Spring

UN reveals economic cost of Arab Spring uprisings

ESCWA's $614bn figure equal to six percent of GDP of regional economies from 2010 Tunisia protests to end of last year.

Inside Story

Can the oil market be controlled?

Saudi Arabia pushes to freeze oil production and Russia signals its support.

Oil Price

Saudi's oil giant says 2018 the right time for listing

Aramco CEO says market will have recovered enough by 2018 to embark on what could be world's biggest public listing.

Saudi's oil giant says 2018 the right time for listing

Counting the Cost

OPEC and the stagnant price of oil

As OPEC agrees on the first production cut in eight years, we examine the impact on global oil prices.

Saudi Arabia

Saudi Aramco eyes $334bn investment by 2025

State-owned oil giant plans to pump in billions for infrastructure and create about 500,000 jobs for Saudi nationals.

Saudi Aramco eyes $334bn investment by 2025

Libya

Haftar's forces seize fourth oil port in Libya

Capture of Brega comes as Western nations condemn renegade general's offensive on "oil crescent" along northern coast.