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OPEC

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Nigerian Official Says Some OPEC Members to Meet With Russia March 20

04/03/2016(0)
Crude oil prices have plunged more than 70% since June 2014 Some members of the Organization of the Petroleum Exporting Countries are scheduled to meet with non-member Russia later ... Read More
Apache Corp drill for crude oil

Shale Oil Isn’t Saudi Arabia’s Only Nemesis

02/03/2016(0)
Even when glut stops growing, market might shrug: SocGen History shows oil rebound will hinge on stockpiles: Goldman Even if Saudi Arabia wins its struggle with U.S. shale producers ... Read More
oil - petrol - A man fills up his car

Is the oil crash over? Prices soar 30% in 11 days

01/03/2016(0)
  Oil has stopped crashing. Investors around the world freaked out when oil prices plummeted to a 13-year low of $26.05 a barrel on February 11. But they are now ... Read More
russian-crude

Oil Prices Rally On News Of Russia, Saudi Arabia Meeting

26/02/2016(0)
Oil prices jumped by more than 2 percent on February 25 after Venezuela said top oil producers Russia and Saudi Arabia will meet again in mid-March to discuss their ... Read More
saudi-arabia

Saudi Oil Minister Surprises OPEC with Tough Line on Prices

25/02/2016(0)
Prepared for $20 a barrel to force production cuts outside the Middle East, Says al Naimi Saudi Arabian Oil Minister Ali al-Naimi surprised fellow members of the Organization of ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Oil crisis: Prices decline again after Saudi Arabia refuses to cut production

19/02/2016(0)
Oil prices declined after Saudi Arabia’s foreign minister Adel al-Jubeir said that his country will not cut production. The statement made on 18 February is contrary to what Saudi ... Read More
oil

Iran oil minister: Support any effort to stabilize market and prices

18/02/2016(0)
Iran could support any effort to stabilize oil prices, including cooperation between OPEC and non-OPEC oil producers, the nation’s oil minister said after a meeting Wednesday, according to Reuters. ... Read More
oil

Oil price rises ahead of OPEC talks with Iran

17/02/2016(0)
Oil prices were higher on Wednesday morning as OPEC oil ministers traveled to Iran to talk about a possible production freeze between global oil producers. Skepticism has mounted over ... Read More
Q8 Petrol Station

KPI Kuwait said oil prices could reach a range of $50 to $60 a barrel by mid-2017

15/02/2016(0)
Kuwait Petroleum International (KPI) said on Saturday oil prices could reach a range of $50 to $60 a barrel by mid-2017, the official state news agency and Reuters reported. ... Read More
oil

Oil prices turned lower as Iran loads shipment for Europe

15/02/2016(0)
Oil prices turned lower again today after soaring at the end of last week as Iran prepared to ship its first consignment of the commodity since sanctions were lifted, ... Read More
Broker Cyprus TopFX