Search Results for: OPEC

Surge in Crude Oil Prices Lacks Fundamental Justification: Commerzbank

Commerzbank sees current price rise mainly being driven by "sentiment and momentum".

Jun 10, 2015

US Shale Oil Boom Fading as OPEC Keeps Supply Unchanged

EIA predicts oil production at North Dakota's Bakken and Texas's Eagle Ford – the two largest shale plays - will decline by 1.3 percent.

Jun 9, 2015

Opec keeps oil output policy unchanged

The Organization of the Petroleum Exporting Countries (Opec) agreed to stick by its policy of unconstrained output for another six months on Friday (5 June).

Jun 5, 2015

OPEC Secretary-General Abdullah al-Badri and Exxon Mobil CEO Rex Tillerson

All Eyes on OPEC Meeting; No Chance of Cut in Oil Output

OPEC may also be little interested to consider Iran's proposal to allow more oil exports from the country.

Jun 4, 2015

Crude Oil Prices Unlikely to Face Significant Selling Pressure in Coming Weeks: Analysts

Analysts believe that oil prices are unlikely to witness any significant selling pressure in the coming weeks.

May 22, 2015

Steep Hike in Petrol, Diesel Prices May Get Reversed Soon

A steep increase in petrol and diesel prices wiped out more than one-third of gains passed to consumers since August.

May 20, 2015

Will Renewed Middle East Tensions Have Impact on Crude Oil Supplies?

Analysts believe that tensions will not have much effect on the crude oil supplies.

May 18, 2015

Crude Oil Rally Purely Driven by Speculation, Potential Correction Ahead: Report

Commerzbank sees considerable correction potential in oil prices.

May 13, 2015

Rebound in Crude Oil Prices No Threat to Global Economy, Say Analysts

US drillers may soon increase the active rig count, says Capital Economics.

May 8, 2015

Scale of Price Increase in Crude Oil is Excessive, Says Commerzbank

Crude oil prices have witnessed an increase of 50% from its January low of $46 per barrel.

May 6, 2015

Rally in Crude Oil Prices Lacks Any Fundamental Justification, Says Commerzbank

Nonetheless, there has yet to be any noticeable drop in US oil production, says Commerzbank

May 4, 2015

Strong Recovery in Crude Oil Prices Unlikely, Says Analysts

Crude oil prices rallied sharply last week rising hopes of trend reversal in the commodity prices but analysts believe that oil market still has to overcome significant challenges to see a sustainable rebound.

Apr 20, 2015

Crude Oil's 10% Rally This Week is Not Justified: Commerzbank

Brent crude oil prices increased to $65 per barrel on Friday, its highest level in more than four months.

Apr 17, 2015

Final Deal on Tehran's Nuclear Programme Can Accelerate Crude Oil Price Slide

Analysts have become more pessimistic on the outlook for crude oil.

Apr 3, 2015

Crude Oil Prices Could Fall into $40-50 Range Again: Barclays

Already reeling from excess supply, crude oil prices may fall further if sanctions on Iran are eased, since supplies from Iran would double the surplus, currently estimated at 1.2 million barrels a day.

Mar 30, 2015

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