• Thursday, Sep 20, 2018
  • Last Update : 09:27 am
Oil prices inch up in face of tight...

Oil prices inch up in face of tight...

World

Mon, Jul 9 2018

A rise in supply will reverse some of the output cuts that Opec and other major producers put in place...

Opec agrees modest hike in oil supply...

Opec agrees modest hike in oil supply...

World

Sat, Jun 23 2018

Two Opec sources said the group agreed that Opec and its allies led by Russia should increase production...

Oil prices rise as Opec meets

Oil prices rise as Opec meets

World

Fri, Jun 22 2018

The Organization of the Petroleum Exporting Countries is meeting in Vienna together with non-Opec oil...

Opec strives for new deal as Iran still...

Opec strives for new deal

World

Thu, Jun 21 2018

Iran said Opec was unlikely to reach a agreement and should reject pressure from the US to pump more...

PM: Dhaka wants peaceful solution to...

PM: Dhaka wants peaceful solution to...

Bangladesh

Thu, Jan 18 2018

Director-General and CEO of Opec Fund for International Development (OFID) Suleiman Jasir Al-Herbish...

Saudi King Salman to visit Russia on...

Saudi King Salman to visit Russia on...

World

Mon, Oct 2 2017

Opec and its allies agreed from the beginning of 2017 to cut their production by around 1.8 million barrels...

Millions heed anti-Maduro shutdown in...

Millions heed anti-Maduro shutdown in...

Latin America

Fri, Jul 21 2017

Violence during four months of anti-government unrest has taken around 100 lives, injured thousands,...

Venezuelan lawmakers beaten, besieged...

Venezuelan lawmakers beaten, besieged...

World

Thu, Jul 6 2017

At least 90 people have died in the unrest, with fighting and barricades frequently blocking cities across...

Oil surplus or scarcity? Shale makes...

Oil surplus or scarcity? Shale makes...

Business

Mon, Apr 10 2017

The ability of the shale sector to adapt quickly and nimbly to a lower-price environment means production...

Opec, non-Opec mull extending oil-output...

Opec, non-Opec mull extending oil-output...

Business

Mon, Mar 27 2017

A joint committee of ministers from Opec and non-Opec oil producers has agreed to review whether a global...

Oil prices fall to three-month low

Oil prices fall to three-month low

Business

Mon, Mar 13 2017

WTI is set to decline for a sixth day, during which is has dropped 9.3%.

US shale plots production growth despite...

US shale plots production growth despite...

Business

Thu, Mar 9 2017

The Permian - America’s largest oilfield - has already seen output jump in the past six months.

Opec: Oil market responding positively...

Opec: Oil market responding positively...

Business

Wed, Feb 8 2017

Qatar’s energy minister, the current Opec president, said on Wednesday that world oil markets were “responding...

Oil gains post-Christmas ahead of Opec,...

Oil gains post-Christmas ahead of Opec,...

Business

Tue, Dec 27 2016

US oil prices extended gains on Tuesday in post-Christmas trading, as Opec and non-Opec members are set...

Saudis order oil cuts to US, Europe...

Saudis order oil cuts to US, Europe...

World

Sat, Dec 10 2016

Saudi Arabia has told its US and European customers it will reduce oil deliveries from January, as Russia...

Oil tops $55 for first time in 16...

Oil tops $55 for first time in 16...

Business

Tue, Dec 6 2016

Brent crude oil prices rose above $55 a barrel yesterday, trading at a fresh 16-month high, on rising...

Opec in first joint oil cut with Russia...

Opec in first joint oil cut with Russia...

World

Thu, Dec 1 2016

OPEC has agreed its first oil output cuts since 2008 after Saudi Arabia accepted "a big hit" on its production...

Dollar steadies with bonds, oil anxious...

Dollar steadies with bonds, oil anxious...

Uncategorized

Tue, Nov 29 2016

The US dollar took a breather on Tuesday as global bonds steadied from their recent rout, while equities...

Oil prices static on uncertainty over...

Oil prices static on uncertainty over...

Business

Thu, Nov 24 2016

Oil prices were little changed on Thursday as uncertainty ahead of a planned OPEC-led crude production...

Oil prices rise from one-month lows...

Oil prices rise from one-month lows...

World

Tue, Nov 1 2016

Oil prices edged higher from one-month lows in early trading in Asia on Tuesday after Opec agreed on...

Opec officials fail to agree on how...

Opec officials fail to agree on how...

Business

Sun, Oct 30 2016

Opec officials meeting in Vienna to work out the details of their plan to reduce oil production failed...