Oil prices jump on word that OPEC producers have achieved over 90 percent of the output cuts they had pledged.
British oil and gas company BP has said it needs crude oil to be selling for $60 a barrel by the end of the year for it to break even.
Teori Zavascki's death raises questions over who will take over the country's biggest corruption case.
Oil prices hit their highest in 18 months on hopes the deal between OPEC and non-OPEC members to cut production will reduce a glut of crude.
Mexico's energy reforms have started to bite with a 20 percent rise at the petrol pumps and angry consumers have been protesting.
The outgoing president has used an old law to try to protect the regions permanently from exploration, before Donald Trump takes office.
Business Line considers the details of the agreements reached by oil producers from OPEC and other countries to cut output. Will it boost oil prices?
Russia is moving forward with its plans to become a major investor in Iran through initial agreements covering various industries, particularly oil.
Oil prices extended gains for a second session running on Friday – fuelled by optimism that non-OPEC producers will agree to reduce output following a cartel agreement to limit…
Qatar and commodities trader Glencore have bought a stake in Russia's giant oil firm Rosneft.
Russia has sold a share of oil giant Rosneft for 10.
Brent goes through 54$, WTI 51$, oil hitting year highs
OPEC gets its act together in first co-ordinated action in ages and agrees production cut, but analysts say no oil price shock is on the cards.
The oil price continues to fall on doubts OPEC will agree production cuts.
Oil prices rose to three-week highs on Monday amid expectations that OPEC is moving close to a deal to cut output when it meets next week.
There is renewed optimism that the producer group OPEC might agree to limit the amount it pumps, thereby addressing a supply glut and low prices.
Oil prices jumped on Tuesday on expectations that OPEC may be nearing an agreement to reduce a huge supply glut.
Saudi Aramco's head Amin Nasser says low prices mean cash-strapped energy companies are not investing risking shortages of oil and gas in the future.
Oil producers in the OPEC cartel have agreed they need to cut production to address a supply glut and lift prices - but the devil is in the details.