U.S. oil prices recoiled 6 percent on Monday, slipping below the pivotal $30-a-barrel threshold in post-settlement trade, after news that Iraq's output reached a record last month returned attention to a market glut that sent prices to 12-year lows last week.

• January 25, 2016

Senior OPEC and Russian oil industry officials stepped up vague talk on Monday of possible joint action to remedy one of the worst supply gluts in decades, while Saudi Arabia signaled its resolve to allow the market to balance itself.

• January 25, 2016

Ukraine's state antimonopoly agency has imposed a $3.5 billion fine on Russia's Gazprom for allegedly abusing its monopoly control of Ukraine's natural-gas transit system.

• January 23, 2016

What do a Kurdish Peshmerga fighter, a Russian villager, and an American miner have in common? They have all been adversely affected by plunging oil prices.

• January 19, 2016

Iran has not yet decommissioned the Arak heavy water reactor, one of its obligations under the nuclear deal with world powers to win a reprieve from sanctions, but expects to do so in the coming days, a senior Iranian official said.

• January 12, 2016

The Russian currency has dropped to 74.58 per dollar, the weakest ever on a closing basis.

• January 6, 2016

The U.S.-led coalition fighting Islamic State (IS) militants says its air strikes have cut oil production by the group in Syria and Iraq by around 30 percent.

• January 6, 2016

Russia appears to be practicing a bit of "divide-and-conquer" politics in Central Asia, and state-owned Gazprom is spearheading the campaign.

• January 5, 2016