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OPEC: Iran wants Nigeria’s production quota reviewed

  By Golnar Motevalli, Kadhim Ajrash, Khalid Al Ansary   Iran on Monday upped the ante in Nigeria's delicate efforts to balance its international politics with economic...

The Saudi Arabian angle in Venezuela’s political crisis

  By Bulent Gökay   (UPI) -- Venezuela is sinking ever deeper into a political and economic calamity. Inflation is above 700 percent and GDP is more than...

OPEC moves to cap Nigerian oil output, boost compliance

  By Katya Golubkova, Vladimir Soldatkin and Rania El Gamal   ST PETERSBURG, Russia (Reuters) - OPEC moved on Monday to cap Nigerian oil output and called on several members to...

U.S. policy uncertainty, Qatar row, drags oil prices lower

By Daniel J. Graeber New York (UPI) -- The ripple effects of an unclear economic policy and division among parties to an OPEC-led effort to...

Iraq replaces Saudi Arabia as top oil supplier to India

By Nidhi Verma NEW DELHI (Reuters) - Iraq replaced Saudi Arabia as top crude supplier to India in April as refiners moved to boost their...

Nigeria’s neighbour, Equatorial Guinea, gets Saudi Arabia’s backing as new OPEC...

By Daniel J. Graeber (UPI) -- Equatorial Guinea has a role to play in oil market stabilization efforts and has support to become a member...

Qatar to increase gas production by 10 percent

By Daniel J. Graeber (UPI) -- Natural gas production from a field in the Persian Gulf will increase by 10 percent to position Qatar as...

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