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OPEC

oil-well

When OPEC cuts output, oil prices will begin to climb

13/01/2016(0)
While the consensus view is the the oil price will go even lower yet, once production is reduced it will start rising again. There’s a very good reason why the ... Read More
OPEC logo

OPEC president sees emergency meeting in March

12/01/2016(0)
OPEC president Emmanuel Ibe Kachikwu said Tuesday that he expects an extraordinary meeting of the oil cartel in “early March” OPEC president Emmanuel Ibe Kachikwu said Tuesday that he ... Read More
China-Oil-Prices_Hays

Oil prices move up from 12 year lows as China shares rise

08/01/2016(0)
Oil prices rose modestly on Friday, still within reach of 11 and a half-year lows, boosted by a recovery in Chinese shares, but persistent global oversupply and a bleak ... Read More
petrolprice

Global oil prices hit 11-year low on China market turmoil, storage overhang

07/01/2016(0)
Brent crude futures fell to a fresh 11-year low on Thursday as a sliding yuan and an emergency halt in China’s stock trading left Asian markets in a turmoil, ... Read More
saudi-arabia

Oil prices volatile after Saudi Arabia cuts ties with Iran

05/01/2016(0)
Oil prices went on a roller-coaster ride Monday after Saudi Arabia and some of its allies severed diplomatic ties with Iran. The rising tension in the Middle East sent ... Read More
oil-well

Not Even OPEC Can Fix Oil Glut

30/12/2015(0)
Surprisingly strong crude output in the U.S. and Mideast over the past year pushed oil prices to their lowest levels in more than a decade. But for investors trying ... Read More
OPEC logo

OPEC: $95 Oil, But Not Until 2040

28/12/2015(0)
This week opened with the average global price of oil at an 11-year low, yet OPEC expects its own producers eventually will cut back on production, causing prices to ... Read More
Brent Crude Oil

Brent crude falls to 2004 low as market rout heads into Christmas

21/12/2015(0)
Brent crude oil prices fell to levels last seen in 2004 on Monday, dropping below the lows hit during the 2008 financial crisis on renewed worries over a global oil ... Read More
OPEC logo

OPEC to hold emergency meeting if oil prices fail to recover

16/12/2015(0)
The Organization of Petroleum Exporting Countries (OPEC) will hold urgent talks, if crude prices don’t recover by February, according to OPEC president and Nigeria’s oil minister Emmanuel Kachikwu. “It ... Read More
china-markets

Asian stocks trade lower, China bucks trend

14/12/2015(0)
Asian equities traded mostly lower on Monday, as investors remain focused on the mid-week decision from the U.S. Federal Reserve. The Chinese market bucked trends and traded up, boosted by ... Read More
Broker Cyprus TopFX