Saudi energy minister sees need for a global oil alliance
OPEC and Russia reaffirmed that they’ll persevere with oil-production cuts until the end of the year to clear a global glut and signalled their readiness to cooperate beyond that.
Nigeria's Kachikwu on oil, OPEC cuts, prices
Nigeria Petroleum Minister Emmanuel Kachikwu discusses the possibility of a 9-month extension for OPEC, the hardest part of the discussions, Nigeria's contribution to the production cut and his outlook for prices.
OPEC: No decision till January
OPEC and Non-OPEC members met on Friday and concluded that oil producers are clearing a glut that has weighed on crude prices for three years and may wait until January before deciding whether to extend their output curbs beyond the first quarter.
Nigeria confirms ready to cut oil output
One of the news flows from today's OPEC meeting in Russia is that Nigeria has voluntarily committed to limit its oil output at 1.8 million barrels per day.
UAE energy minister: OPEC to do 'what it takes'
United Arab Emirates Energy Minister Suhail Al-Mazrouei speaks with Bloomberg's Manus Cranny about support among OPEC nations to extend oil production cuts and stabilise the global oil market.
OPEC Chief sees oil producers near to re-balancing market
OPEC Secretary-General Mohammad Barkindo discusses the state of oil markets and possible actions from the organisation.
Citigroup's morse sees a need to extend OPEC deal
Ed Morse, global head of commodities research at Citigroup, examines Mexican oil production, U.S. energy policy, and the impact of OPEC's output cut.
Saudi Arabia Cut Output by 718,000 Barrels a Day in January
Saudi Arabia told OPEC that it cut oil production by the most in more than eight years, going beyond its obligations under a deal to balance world markets.