OPEC

Qatar quits OPEC as Saudis walk tightrope on oil prices

Doha's announced withdrawal from OPEC comes at a critical juncture for the cartel and its de facto leader.

Qatar quits OPEC as Saudis walk tightrope on oil prices

OPEC

Qatar to leave OPEC to focus on natural gas production

Gulf nation's energy minister says withdrawal from 15-nation bloc will come into effect next month.

OPEC

What is OPEC?

Qatar pulls out of the Organization of the Petroleum Exporting Countries, which controls global oil output.

What is OPEC?

Business & Economy

Oil prices hit year low as OPEC considers output cut

Benchmark Brent crude oil fell to a low of $60.29, its lowest since November 2017.

Oil prices hit year low as OPEC considers output cut

Business & Economy

Saudi Aramco halts plan for massive corporate-bond sale: WSJ

Sources close to discussions tell the Wall Street Journal move to fund $70bn deal for petrochemical maker called off.

Saudi Aramco halts plan for massive corporate-bond sale: WSJ

Middle East

Saudi Arabia to cut oil exports by 500,000 bpd

The move could send prices upwards as Russia and the US continue to break records in oil production.

Saudi Arabia to cut oil exports by 500,000 bpd in December

Saudi Arabia

Oil output from Saudi, Kuwait shared zone on hold as ties sour

Saudi Arabia and Kuwait struggle to resume oil production from joint fields amid souring ties over Turkey, Qatar.

Oil output from Saudi, Kuwait shared zone on hold as ties sour

The Big Picture

How Libya was Torn Apart

The legacy of the life and death of Colonel Muammar Gaddafi.

Reporter's Notebook

UN General Assembly: Iran, oil, and sanctions

Iranian leaders are interested in preserving the Iran nuclear agreement, despite looming US sanctions on oil sales.

UN General Assembly: Iran, oil, and sanctions

Oil Price

Oil prices hit four-year-high of $82 amid looming Iran sanctions

Crude prices rose to $82 after Saudi Arabia and Russia appeared to reject calls from the US to increase production.

Oil prices hit four-year-high of $82 amid looming Iran sanctions

Inside Story

Will OPEC appease Donald Trump?

OPEC and its allies are set to meet in Algeria on Sunday to discuss the price of oil.

Business & Economy

'Saudi and Russia taking oil market hostage': Iran

Iran's OPEC chief Hossein Kazempour Ardebili says Saudi and Russian actions are a result of US attempts to cut Iran off.

Iran OPEC chief: 'Saudi and Russia are taking oil market hostage'

India

India opposition stages protests against fuel price

School, colleges and businesses shut and highways blocked as part of nationwide strike organised by opposition parties.

India: Opposition parties stage protests against high fuel prices

Opinion

Can Saudi Arabia diversify its economy without an Aramco IPO?

Saudi Arabia's diversification effort will prove challenging with or without an Aramco IPO.

Adeel Malik

by Adeel Malik

Adeel Malik

Saudi Arabia

Report: Saudi's King Salman blocked Aramco's IPO

Move to halt oil giant's $100bn initial public offering seen as king's way to keep the crown prince's power in check.

Report: Saudi's King Salman blocked public listing of Aramco