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OPEC Meeting

Trump, Iran spar over oil prices ahead of OPEC meeting

WASHINGTON/LONDON: U.S. President Donald Trump and Iran exchanged sharp words over oil prices on Wednesday, with Trump blaming OPEC for high oil prices and Tehran accusing him of stoking volatility after he withdrew last month from a global nuclear arms deal with Iran. Trump sparked the latest back-and-forth when he renewed his attack on OPEC in a tweet that said oil prices are too high and that the cartel was “at it again.” Oil prices have risen around 60 percent over the last year after the Organization of the…

Oil prices steady ahead of OPEC meeting on supply cut extension

SEOUL: Oil prices held steady in early Asian trade on Friday as the market waited to see whether major oil producers would extend supply cuts beyond March at a meeting in Vienna later in the day. International benchmark Brent crude futures were at $56.40 a barrel at 0046 GMT (5:46 AM PST), down 3 cents (or 0.05 percent) from their last close. US West Texas Intermediate (WTI) crude futures, on the other hand, were up 7 cents (or 0.14 percent) at $50.62 per barrel. The Organization of the Petroleum Exporting Countries…