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OPEC

china-markets

Nikkei surges 7%, Topix up 8.3%; China lose ground

15/02/2016(0)
Asian stocks mostly climbed on Monday, with Japan shares surging after last week’s sharp selloff. But China’s shares lost ground as its markets re-opened after the week-long Lunar New ... Read More
OPEC logo

Brent crude and WTI: Oil prices jump on renewed Opec deal chatter – but analysts aren’t convinced

12/02/2016(0)
Crude prices jumped today as renewed chatter about a possible production cut deal swirled around oil markets. Brent crude, the global benchmark, jumped four per cent to $31.26 per barrel. ... Read More
oil

OPEC expects rivals to pump out less oil in 2016

10/02/2016(0)
Oil cartel OPEC has cut its forecasts for how much its rival producers will produce in in 2016, while the 12-member group continues to ramp up its own production ... Read More
Bijan-Zangeneh

Iran ready to discuss oil with Saudis

10/02/2016(0)
Iran’s Oil Minister Bijan Zangeneh said on Tuesday that Iran is ready to negotiate with Saudi Arabia over the current conditions in international oil markets. “We support any form ... Read More
oil

IEA releases Oil Market Report for February

10/02/2016(0)
As signs of a demand slowdown surface, higher OPEC output only partly offsets non-OPEC decline Having peaked, at a five-year high of 1.6 million barrels per day (mb/d) in ... Read More
oil

No Agreement on OPEC Meeting After Venezuela Meets With Saudi Arabia

09/02/2016(0)
The prospects for an emergency OPEC meeting to initiate coordinated production cuts took a hit this weekend. Venezuela’s oil minister Eulogio del Pino flew to Riyadh to meet with ... Read More
Oil_well

Oil Prices Could Jump 50% by the End of 2016

03/02/2016(0)
WTI seen averaging near $46 a barrel in Q4; Brent at about $48 U.S. sees domestic oil output falling by 620,000 barrels a day Oil bulls distressed that last ... Read More
oil and gas - britain

Oil Prices Drop as Chances Fade for Output Cuts

02/02/2016(0)
Coordinated cutbacks considered less likely after Iran raises its export target Oil prices gave back a big chunk of last week’s gains, with traders losing hope that the world’s ... Read More
oil-well

Oil prices slip on weak Asian data, fading prospect of output cut

01/02/2016(0)
Oil prices dropped on Monday after China and South Korea posted surprisingly weak economic data, while fading prospects for a coordinated production cut by leading crude exporters also dragged ... Read More
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
Broker Cyprus TopFX