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OPEC

Oil-prices-petrol-pump

Oil prices start the week lower after jump in U.S. rig count

09/01/2017(0)
Oil prices were lower early on Monday as drilling activities in the U.S. intensified last week, stoking concerns that the effort by global oil producers to curtail oversupply could ... Read More
saudi-arabia-shaybah-oilfield-complex

Saudis expect 46% increase in oil revenue this year

04/01/2017(0)
Saudi Arabia has forecast its revenue from crude oil will significantly rise in 2017, as prices show a positive trend after the deal between OPEC, Russia and other producers ... Read More
US-stock

U.S. Stocks Halt 3-Day Drop as Dollar, Gold Climb: Markets Wrap

04/01/2017(0)
Crude slides from 18-month high amid doubts on OPEC cuts Warnings, optimistic calls vie for investor attention U.S. stocks rose with the dollar as economic data bolstered confidence that ... Read More
A flame rises from a chimney at Taq Taq oil field in Arbil

Oil prices rise as markets eye OPEC, non-OPEC production cuts

03/01/2017(0)
Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, ... Read More
european markets

European bourses started the last trading day of 2016 slightly in the red

30/12/2016(0)
European bourses started the last trading day of 2016 slightly in the red. The pan-European Euro Stoxx 600 was 0.06 percent lower with the major bourses trading in the red. ... Read More
Oil-prices-petrol-pump

Oil prices on track for greatest yearly percentage gain since 2009

30/12/2016(0)
Oil prices are on track for their biggest annual percentage gain since 2009 on the back of an agreement struck between OPEC and non-OPEC countries to cut crude production ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices step back as investors cash in on latest rally

28/12/2016(0)
Oil prices fell Wednesday as investors took profits on the heels of a rally, but trading remained thin. On the New York Mercantile Exchange, light, sweet crude futures for ... Read More
A motorist holds a fuel pump at a Gulf petrol station in London

Oil prices rise on weaker dollar, optimism on output cuts

22/12/2016(0)
Oil prices nudged higher in tepid Asian trading on Thursday, supported by a weaker dollar and optimism that crude producers would abide by an agreement to curb output to ... Read More
A fuel pump assistant fills cars with petrol at Budaiya Fueling Station west of Manama, Bahrain

Oil prices rise as planned oil production cuts start to materialize

16/12/2016(0)
Oil prices rose on Friday after Kuwait appeared to be lining up bigger supply cuts than had been initially expected from January as part of a coordinated effort by ... Read More
oil-price-L-reuters

Oil prices stable, supported as output cuts hit market

13/12/2016(0)
Oil prices were stable on Tuesday, buoyed by soaring demand in Asia and as signs of a crude production cut organized by OPEC and other exporters materialized, tightening a ... Read More
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