Oil had risen in recent sessions after reports said the cartel was considering such a move, due to pressure on oil prices ...

about three-quarters of its capacity after agreeing to cuts with OPEC members and allies including Russia. Crude benchmark ...

Saudi oil giant Aramco on Tuesday (Nov 5) reported a 15.4 per cent drop in third-quarter profit due to lower crude prices and weaker refining margins, but maintained its generous dividend at US$31.1 ...