Oil rose more than 1 percent on Monday, boosted by a commitment from OPEC to stick to a deal to cut output, but prices remained more than $7 below last month's high due to persistent doubts over the feasibility of the group's plan.
Brent crude LCOc1 traded at $46.20 per barrel at 1157 GMT, up...
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OPEC is likely to choose Nigeria’s Mohammed Barkindo, a former head of state oil firm NNPC, as the next secretary-general of the producer group, three sources with knowledge of the matter said on Tuesday.
The Organisation of the Petroleum Exporting Countries has been looking for a replacement...