Advertise With Us
Sign up for our Newsletter
Join Our Directory
Open an Account

OPEC

arab markets

OPEC leader Saudi Arabia is having to borrow money

07/08/2015(0)
Saudi Arabia is not as rich as you thought. The oil kingdom is facing a big hole in its budget, caused by the slump in oil prices and a ... Read More
Brent Crude Oil

Brent rises above $50 ahead of U.S. oil stocks data

05/08/2015(0)
Benchmark Brent crude oil prices rose above a key support level of $50 on Wednesday, recovering from multi-month lows, as investors await U.S. oil inventories data to gauge supply. ... Read More
factory petro-hemicals

Iran warns Opec it plans to recapture market share

03/08/2015(0)
Iran’s oil minister warned fellow Opec members that it aims to recapture market share and plans to step up oil output by 1 million barrels per day “within months” ... Read More
oil

Morgan Stanley expects oil crisis worse than in 1986

24/07/2015(0)
Analysts from Morgan Stanley, who had predicted the 2015 in drop in oil prices to be as steep as in 1986, now say that it may be much worse. ... Read More
oil-well

IEA releases Oil Market Report for July

10/07/2015(0)
Global oil demand growth slowing even as OPEC output at three-year high; OECD industry inventories surge to record Global oil demand growth is forecast to slow to 1.2 million ... Read More
OPEC logo

Depressed Oil Prices Push OPEC Revenue Below $1 Trillion In 2014

19/06/2015(0)
The 2014 crash in oil prices caused the combined oil earnings of OPEC’s 12 members to drop 11 percent from $1.112 trillion in 2013 to $993.3 billion in 2014. ... Read More
oil

Lower Oil Revenues See Saudi-Arabia Open Up Stock Exchange

18/06/2015(0)
Saudi Arabia may be rich enough to weather the current trend of low oil prices, but it’s losing money nonetheless and has found a way that it believes could ... Read More
oil well

IEA releases Oil Market Report for June

12/06/2015(0)
Lower non-OPEC output trims global supply, but production still steeply higher than last year Global oil supplies fell by 155 000 barrels per day (155 kb/d) in May to ... Read More
OPEC logo

OPEC 167th Meeting concludes

08/06/2015(0)
The 167th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Friday, 5th June 2015 under the Chairmanship of ... Read More
shell-logo

Shell Expects Oil Rebound as Shale Fails to Fill Supply Gap

04/06/2015(0)
Royal Dutch Shell Plc sees oil prices rising because supply from shale drilling in the U.S. won’t be enough to satisfy growing global demand. The industry needs to find ... Read More
Broker Cyprus TopFX