Search Results for: OPEC

Oil prices edge up in nervous trading ahead of OPEC meeting

Iran and Iraq are resisting pressure from Saudi Arabia to curtail production, making it hard for the group to reach a deal.

Nov 30, 2016

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OPEC meeting on Wednesday: Things you would like to know

The 14-member group of major oil producers — OPEC — is meeting to discuss a possible cut in output to arrest fall in prices.

Nov 29, 2016

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Oil India Q2 results: Analysts foresee limited upside for share price

Despite a 1:3 bonus issue, the share price of Oil India is falling since prospects are not so bright for the state-run explorer.

Nov 29, 2016

All eyes on OPEC meeting on Wednesday; output cut will benefit producers, hurt consumers

Iran is upset over Saudi Arabia, even as a crucial meeting between OPEC and non-OPEC members scheduled for Monday is called off.

Nov 28, 2016

Asia stocks slip on spectre of higher US rates, dollar "a freight train"

The dollar bull run continued as US bond yields hovered near-multi year highs.

Nov 24, 2016

Oil prices static on uncertainty over planned production cut

Traders said market activity was low due to the US holiday, and there was a reluctance to take on big price directional bets.

Nov 24, 2016

Oil prices climb on expectation of OPEC-led output cut

Traders said that markets were being supported by advancing plans by OPEC.

Nov 21, 2016

Asian markets outside Japan trade lower on 21 November

Asian shares slip as dollar appreciates

The post-election shift in expectations has left Asian stocks vulnerable to investors.

Nov 18, 2016

Iran overtakes Saudi Arabia as top oil supplier to India

India's oil imports from Iran have shot up this year after those sanctions were lifted in January.

Nov 17, 2016

Oil prices rise on falling shale output, renewed hopes of OPEC cut

Prices were buoyed by expectations that US shale oil production will fall in December to its lowest since April 2014.

Nov 15, 2016

Oil steady near multi-month lows on OPEC output record, US rig count

The dollar rose to a nine-month high against other currencies on Monday, pressuring oil prices.

Nov 14, 2016

Oil prices fall on persistent fuel supply overhang

An ongoing crude and refined product supply overhang that has dogged markets for over two years is weighing on markets.

Nov 11, 2016

Asian shares, dollar, ride high as Clinton looks more likely to win election

Clinton is seen by investors as offering greater certainty and stability.

Nov 8, 2016

Oil prices bounce after OPEC reaffirms plan to cut output

Barclays bank said there was little to no agreement among producers about who would cut how much.

Nov 7, 2016

Oil set for sixth straight day of declines

Analysts said markets were also weighed down by traders pulling out money from futures ahead of the US presidential elections.

Nov 4, 2016

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