OPEC
Oil drop will have global ripples
The decline in oil prices will act as a major transfer of wealth from oil exporting to oil importing countries.
InternationalOil plunge will fuel market pessimism
Oil markets are suffering from lower demand and increased global production, leading to wealth redistribution effects
InternationalOPEC inaction will test members' output
OPEC inaction is intended to put US shale production under strain, but its efficacy remains to be tested
InternationalProspects for global oil markets in 2015
2015 should see the lowest average oil price since 2010, amid slowing demand and strong US production
InternationalSaudi economy can ride out lower oil revenues for now
Riyadh's production cut signals that it is prepared to prop up oil prices even if this risks market share
Saudi ArabiaGulf oil exporters face production cutbacks in 2014
OPEC output is at a "suitable level" for the market and the body will not discuss changing it...
Gulf statesIraq, Libya export decline allays OPEC price concerns
Libyan and Iraqi oil exports will follow a downward trend in coming months due to political,...
Middle EastOPEC will eventually be forced to restrain production
The Dated Brent oil price has oscillated between 95 and 105 dollars per barrel since early April....
International