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OPEC

Oil_well

Oil Prices Climb on Hopes for Production Cuts

29/01/2016(0)
Move difficult to realize, but could tackle oversupply pressuring crude market Crude-oil prices rose to a three-week high on hopes that Russia and the Organization of the Petroleum Exporting ... 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-1

OPEC, Russia talk of oil teamwork, but Saudi talks of investment

26/01/2016(0)
Senior OPEC and Russian oil industry officials stepped up vague talk on Monday of possible joint action to remedy one of the worst supply gluts in decades, while Saudi ... Read More
asia europe

Oil Drops as Saudis to Maintain Spending, China Diesel Use Falls

26/01/2016(0)
Saudi Aramco hasn’t cut investment in oil projects: chairman China’s diesel consumption in December dropped for 4th month  Oil dropped after Saudi Arabia, the world’s biggest crude exporter, said ... Read More
Oil-Price-Fell

Oil plumbs new lows below $27 as oversupply woes persist

21/01/2016(0)
U.S. oil prices crashed below $27 dollars a barrel on Wednesday for the first time since 2003, caught in a broad slump across world financial markets with traders also ... Read More
oil

Oil falls 2-3 percent on surplus worries, as U.S. drops toward $27

20/01/2016(0)
Crude futures slumped again in Asian trade on Wednesday, with U.S. oil droppping more than 3 percent toward $27 a barrel and its lowest since 2003, on worries about ... 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

Falling oil prices: How are countries being affected?

19/01/2016(1)
Oil prices have fallen to their lowest level since 2003, sinking below $28 a barrel before recovering slightly on Monday. Analysts say the drop has been driven by oversupply, ... Read More
world-euro-notes

The Financial Apocalypse Accelerates As Middle East Stocks Crash To Begin The Week

18/01/2016(0)
It looks like it is going to be another chaotic week for global financial markets. On Sunday, news that Iran plans to dramatically ramp up oil production sent stocks ... Read More
Brent Crude Oil

Oil slides to lowest since 2003 as Iran sanctions lifted

18/01/2016(0)
Oil prices hit their lowest since 2003 on Monday, as the market braced for a jump in Iranian exports after the lifting of sanctions against the country over the ... Read More
Broker Cyprus TopFX