Advertise With Us
Sign up for our Newsletter
Join Our Directory
Open an Account

oil production

OPEC logo

OPEC States Say No Meeting Planned as Russia Floats Talks

29/01/2016(0)
One Gulf member says Saudis have no proposal to cut output 5% Oil extends gains after closing Thursday at three-week high OPEC delegates said they have no meeting planned ... Read More
oil-well

Russia wants to talk to OPEC about output cuts to bolster oil price

28/01/2016(0)
Russian officials have decided they should talk to Saudi Arabia and other OPEC countries about output cuts to bolster oil prices, the head of Russia’s pipeline monopoly said on ... Read More
OPEC logo

OPEC Says Weak Oil Prices to Curb Output

19/01/2016(0)
Cartel forecasts non-OPEC output to decline this year Oil prices remained below $30 a barrel Monday but the Organization of the Petroleum Exporting Countries flagged the potential for a recovery, saying ... Read More
oil and gas - britain

Goldman thinks oil prices could fall another 50%

07/12/2015(0)
Goldman thinks oil prices could fall another 50% as the market spends another year sorting itself out The oil market is out of whack and Goldman Sachs doesn’t see ... Read More
OPEC logo

OPEC 168th Meeting concludes

07/12/2015(0)
The 168th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Friday, 4th December 2015 under the Chairmanship of ... Read More
Russian-Flag

Russia boosts 2014 oil output by 0.6% to post-Soviet high of 256 mln tons

03/01/2015(0)
Russia’s crude oil output rose by 0.6% in 2014 from the previous year to a post-Soviet high of 526.75 million tons, according to data released by the fuel and ... Read More
oil

OPEC’s Easy Days Setting Oil Production Are Over, Veteran Says; You Need Russia, Norway, Mexico

24/11/2014(0)
The days when OPEC members could all but guarantee consensus when deciding production levels for oil are long gone, according to a veteran of almost two decades of the ... Read More
oil

Oil prices drop and investment in Canadian oil sands is risky

20/08/2014(0)
A new study says the recent increase in global oil production and the ensuing drop in price may threaten the profits of energy companies that have invested in Canadian ... Read More
Brent Crude Oil

For OPEC, the price of oil is just right, for the moment

12/06/2014(0)
The world oil market has set up quite nicely for OPEC. Dramatic changes in oil production around the globe are balancing each other out instead of wreaking havoc. This ... Read More
Broker Cyprus TopFX