Search Results for: OPEC

Oil at 2016 high above $40 per barrel after producer price support talk

Oil has rallied more than 50 percent since hitting 12-year lows less than two months ago.

Mar 8, 2016

Oil down 4% as U.S. glut overshadows producer talks

A slide in the U.S. equity markets, which have for weeks been trading in tandem with oil, also weighed on crude, traders said.

Feb 20, 2016

Oil up 7% as Iran welcomes output freeze without word on cuts

Tehran has been the main obstacle to the first joint OPEC and non-OPEC deal in 15 years.

Feb 18, 2016

US crude rebounds on investor optimism over oil producers deal

Top oil producers Russia and Saudi Arabia on Tuesday agreed to limit oil production at January levels.

Feb 17, 2016

Saudi Arabia, Qatar, Russia and Venezuela agree to cap crude oil output

The decision, which is subject to other oil producers agreeing to the output freeze, failed to lift crude prices.

Feb 16, 2016

Gold falls below $1,200 an ounce on rebound in stocks, crude prices

A rally in global equities and crude oil prices has reduced the demand for the yellow metal among safe-haven seeking investors.

Feb 16, 2016

US crude jumps as big producers set for Doha meet

Oil exporters Saudi Arabia and Russia, will hold talks together with their counterparts in Doha on Tuesday.

Feb 16, 2016

Oil rockets from 12-year low on renewed talk of OPEC cut

Despite the strong daily gain, oil prices were poised to end the week down as much as 5 percent.

Feb 13, 2016

Global oil demand growth likely to fall sharply in 2016, says IEA

A slowdown in China, Europe and the United States will keep global oil demand growth muted in 2016.

Feb 9, 2016

Why Shell and BP could benefit from oil industrys renaissance

Shell and BP to benefit from oil renaissance?

Feb 4, 2016

Benefits of falling crude oil prices to India 'fading', says economist

The incremental impact of the plunge in oil prices has hit India's exports to oil-producing countries.

Jan 28, 2016

Oil falls around 2 percent as profit-taking kicks in

Prices were also dampened by a bigger-than-expected build in US crude inventory.

Jan 27, 2016

Asian stocks struggle as headwinds grow; gold shines

Despite a weak bounce of 0.6%, MSCI's broadest index of Asia-Pacific shares outside Japan was holding near a four-year low hit last week.

Jan 27, 2016

Iran oil minister says proposed OPEC emergency meeting may hurt market

Iran ordered an increase in crude output of 500,000 barrels per day (bpd) last week.

Jan 24, 2016

Moody's slashes 2016 oil price forecast by $10 to $33 per barrel

Iranian oil will "offset or exceed" nearly 500,000 bpd fall in the US production in 2016, the global rating agency said.

Jan 23, 2016

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Search Results for: OPEC

Oil at 2016 high above $40 per barrel after producer price support talk

Oil down 4% as U.S. glut overshadows producer talks

Oil up 7% as Iran welcomes output freeze without word on cuts

US crude rebounds on investor optimism over oil producers deal

Saudi Arabia, Qatar, Russia and Venezuela agree to cap crude oil output

Gold falls below $1,200 an ounce on rebound in stocks, crude prices

US crude jumps as big producers set for Doha meet

Oil rockets from 12-year low on renewed talk of OPEC cut

Global oil demand growth likely to fall sharply in 2016, says IEA

Why Shell and BP could benefit from oil industrys renaissance

Benefits of falling crude oil prices to India 'fading', says economist

Oil falls around 2 percent as profit-taking kicks in

Asian stocks struggle as headwinds grow; gold shines

Iran oil minister says proposed OPEC emergency meeting may hurt market

Moody's slashes 2016 oil price forecast by $10 to $33 per barrel

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