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OPEC

crude

OPEC expects upsurge in oil prices with or without Iran

23/03/2016(0)
Crude prices will rise to a “moderate level” even if Iran joins the Russian-Saudi production freeze at a later date, predicts the Organization of the Petroleum Exporting Countries (OPEC). ... Read More
Saudi-Aramco

Saudis to take control of largest U.S. refinery

22/03/2016(0)
The crown jewel among America’s oil refiners may soon be owned by Saudi Arabia. Saudi Aramco, the state oil company of OPEC’s most powerful player, recently announced plans to ... Read More
Iraq gas

Iraq exports first natural gas shipment in its history

21/03/2016(0)
Iraq has exported the first shipment of natural gas in its history, a key development for the OPEC member. The move revives a long-sought ambition by Iraq to be ... Read More
opec-1

Non-Opec member Oman yet to be invited to Doha meeting

21/03/2016(0)
Oman has said it’s yet to receive an invite to a historic meeting of oil producers, where they’re expected to discuss freezing output to support prices. This is despite ... Read More
china-markets

Asia markets mostly up as oil climbs; Nikkei down 1.3%, Shanghai up 1.7%

18/03/2016(0)
Asian markets traded mostly higher Friday, after U.S. indexes ended higher and oil prices hit their highest levels for this year. But a stronger yen continued to weigh on ... Read More
oil production

Saudi Arabia Said to Join Mid-April Oil Producer Meeting in Doha

17/03/2016(0)
Crude prices have risen more than 30% since freeze proposed Qatar meeting would seek more commitments to cap production Saudi Arabia will join a meeting of producers from within ... Read More
russia oil

What oil freeze? Saudi Arabia and Russia pump more

15/03/2016(0)
So much for that agreement to freeze output. The latest oil market data reveal that both Russia and Saudi Arabia ramped up their oil production in February, despite talks about supply ... Read More
russian-crude

Russia’s Oil Dilemma, Explained

09/03/2016(0)
Kremlin needs to plug hole in budget stemming from crude slump Higher tax could cause output to drop from post-Soviet record While the world focuses on Russia’s Oil-freeze talks with ... Read More
China-Oil-Prices_Hays

Oil prices stable as falling U.S. output offset by demand worries

09/03/2016(0)
Oil prices were only slightly higher on Wednesday as support from falling U.S. production was countered by a strengthening U.S.-dollar and concerns over slowing demand. U.S. crude futures CLc1 ... Read More
oil

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

08/03/2016(0)
Global oil markets jumped more than 5 percent on Monday, with Brent hitting a 2016 peak above $40 a barrel, after Ecuador said it was holding a meeting of ... Read More
Broker Cyprus TopFX