Search Results for: Organization of Petroleum Exporting Countries
Falling oil prices: How are countries being affected?
January 19th, 2016
Oil prices have fallen to their lowest level since 2003, sinking below $28 a barrel before recovering slightly on Monday. Analysts say the drop has been driven by oversupply, coupled with a fall in demand because of a slowdown ...
The Availability and Price of Petroleum and Petroleum Products Produced in Countries Other Than Iran
August 12th, 2015
June – July 2015 Update The U.S. Energy Information Administration (EIA) estimates that global oil inventories grew by an average of 2.5 million barrels per day (b/d) in June and July, sharply exceeding the 0.4 million b/d build during ...
Oil prices drop: Winners & losers
November 29th, 2018
In recent times, oil prices may have risen in one or two trading sessions. But, those are dead cat bounces! Lest we forget, oil has now lost nearly a third of its value amid volatility since early October. For ...
Asia stocks build on rally; These are the main moves in markets
September 21st, 2018
Asia stocks are set to cap the strongest two-week rally since February as investors take in evidence that escalating trade tensions have yet to hurt global growth and China’s moves to support its expansion. With the world’s expansion intact ...
Asian stocks fell, gold rose, Aussie dollar declined; Key events to watch for this week
June 19th, 2018
Asian stocks fell alongside U.S. equity futures and the yen spiked as the U.S. and China engaged in a new round of trade threats. Gold and Treasuries climbed. The steepest slides were seen in Hong Kong and China — ...
Oil prices drop on potential increase in OPEC output
May 24th, 2018
Oil prices fell on Thursday on expectations that OPEC members will step up production in the face of worries over supply from both Venezuela and Iran. A surprise build up in crude oil inventories in the United States also ...
Asia Stocks Fall, Aussie Dollar Fell, Yen Rose, Euro Was Flat; Key Events Coming Up This Week
November 27th, 2017
A rally that carried Asian stocks to record highs petered out and the dollar was little changed as investors turned their attention to U.S. tax reform ahead of a busy week with data on the health of the world’s ...
Oil Prices Leap On Back Of Major Pipeline Leak
November 20th, 2017
The combination of a major US pipeline leak of 795,000 litres and additional OPEC production cuts saw oil prices jump more than two per cent after a series of falls. Brent crude contract prices for January closed at $US62.72, ...
Oil prices lower after strong third quarter
October 2nd, 2017
Oil prices fell on Monday, pausing for breath after posting gains of as much as 20 percent in the third quarter, after a survey pointed to a slight increase in OPEC production in September. U.S. crude was down 13 ...
Brent oil edges up, near 26-month high amid supply concerns
September 27th, 2017
Brent oil prices rose on Wednesday, hovering around a 26-month high hit in the previous session, after U.S. data showed an unexpected drop in crude stocks as refineries boosted output and amid threats from Turkey to cut crude exports ...
