Iran’s OPEC governor, Hossein Kazempour Ardebili, was responding to news that the US government had unofficially asked Saudi Arabia and some other OPEC producers to raise output

Iran slams US for seeking Saudi oil output hike, says OPEC won’t comply

US West Texas Intermediate (WTI) crude futures were down 38 cents, or 0.6 per cent, at $65.57 a barrel

Oil prices fall on dip in China demand, surging US output

Data from the Energy Information Administration is due at 11 am EDT (1500 GMT) on Thursday, a day later than usual due to a US public holiday on Monday

Oil prices ease after sharp gains; eyes on OPEC supply moves

Trump cancelled the June 12 meeting citing Pyongyang's "open hostility,", even after North Korea followed through on a pledge to blow up tunnels at its nuclear test site

Wall Street dips after Trump cancels North Korea summit, targets car imports

US West Texas Intermediate (WTI) crude futures were at $70.60 a barrel, down 11 cents from their last settlement

Oil prices fall as Russia warns of gradual output increase

Crude oil is trading at the highest since late 2014, underpinned by a supply-cutting deal among the Organization of the Petroleum Exporting Countries plus Russia and other non-members, and strong global demand

Oil rises towards $80 as supply concerns mount

Oil Minister Dharmendra Pradhan said on Sunday that the Centre was 'sensitive' about 'rising fuel prices'. That alternatives were being explored and that he hoped something would 'work out soon'

As fuel prices hit record highs, government may be mulling a tax cut

Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world's two biggest economies 'on hold'

Ascending oil prices make China and US put trade war 'on hold'

Key producers from OPEC are trying to secure a foothold in India where refining capacity is set to surge to 8 million barrels per day by 2030

How India plans to seek better bargains with global oil producers

The threat of a global trade war sent stock markets sliding and investors rushing for the safety of currencies like the yen and government bonds on Friday, after US President Donald Trump announced tariffs on up to $60 billion of Chinese goods

Global stocks slide, yen jumps, as trade war fears grip markets

The US economy continued to create jobs, which industry hopes will drive higher fuel demand

Oil prices rise up on reduced US drilling, job market

Stock markets rallied in Asia on Tuesday as shock over Donald Trump`s controversial trade tariffs move gave way to hope that any measures will not be as bad as initially thought

Asian markets rally on hopes Trump will temper tariffs threat

US oil production last week was 10.27 million barrels per day, a record level if confirmed by monthly figures

Oil slips to $66 a barrel as US output offsets OPEC curbs

OPEC also decided to cap the output of Nigeria at around 1.8 million bpd but had yet to agree a cap for Libya. Both countries have been previously exempt from cuts due to unrest and lower-than-normal production.

OPEC agrees oil cut extension to end of 2018

OPEC and other non-OPEC producers will meet on Nov. 30 in Vienna to decide on oil output policy

No reason not to extend oil cuts agreement: Bahrain oil minister

Production from Libya's 270,000 barrels-per-day (bpd) Sharara field was returning to normal after a brief disruption when armed protesters broke into a control room in the coastal city of Zawiya

Oil prices slip over Libyan production, OPEC cuts

The OPEC and some non-OPEC producers pledged last week to extend production cuts of around 1.8 million barrels per day (bpd) until March 2018

Oil prices slip as US drilling undermines OPEC-led production cut

Crude oil plunged 5 per cent following the announcement

Oil drops after OPEC-led output cut extension falls below expectations

Global benchmark Brent crude futures were down 45 cents at $56.25 a barrel at 0947 GMT and touched a session low of $56.04 a barrel

Oil falls on rise in US drilling, selling ahead of OPEC report

Saudi Arabia is mulling over a 7% cut in oil prices, but some analysts fear they will not follow through

Oil prices rise as Saudi Arabia eyes supply cut

Russia and 10 other non-OPEC states will reduce their production by more than half a million barrels per day, OPEC said

Non-OPEC oil states agree to cuts in 'historic' deal

US crude settled at $51.68 per barrel, up 62 cents or 1.21 per cent and notched its biggest weekly gain since early 2011

Oil rallies to best week in years after OPEC output deal

Ministers confirmed the cut in oil production has been secured from 33.8 million barrels a day to 32.5 million barrels

OPEC countries agree to first production cut in 8 years

The reduction by OPEC will be 1.2 million barrels per day, president of the OPEC conference, Mohammed Bin Saleh Al-Sada, said

OPEC reaches deal to cut oil production

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