OPEC on Wednesday cut its forecast for global oil demand growth in 2016 and warned of further reductions citing concern about Latin America and China, pointing to a larger supply surplus this year.

• April 13, 2016

Global oil prices hit five-month highs on Tuesday, hovering just under $45 a barrel after a report that top producers Russia and Saudi Arabia have agreed to freeze output ahead of a much-anticipated producers meeting on Sunday.

• April 12, 2016

Russia believes an oil price at $45-$50 per barrel is acceptable to allow the global oil market to balance, as it prepares to meet leading oil producers in Doha later this month, sources familiar with Russian plans said on Wednesday.

• April 6, 2016

Oil prices edged higher on Tuesday after Kuwait's insistence that major producers will agree to freeze output this month even as Iran balks at the plan.

• April 5, 2016

Russia's oil production rose 0.3 percent to 10.91 million barrels per day in March, its highest level in nearly 30 years, raising questions over Moscow's commitment to freeze output ahead of a producers' meeting in Doha later in April.

• April 4, 2016

Russia's oil production rose 0.3 percent to 10.91 million barrels per day in March, its highest level in nearly 30 years, raising questions over Moscow's commitment to freeze output ahead of a producers' meeting in Doha later in April.

• April 2, 2016

Libya's National Oil Corporation said on Saturday it was working with the U.N.-backed unity government, which arrived in Tripoli this week, to coordinate future oil sales and "put a period of divisions and rivalry behind us".

• April 2, 2016

China remains committed to its plans for nuclear reprocessing, its top nuclear industry official said on Thursday, despite concerns this could lead to a competitive buildup of plutonium stockpiles in Asia.

• March 31, 2016