Suez Canal revenue expected to surge after OPEC oil cuts, analysts say
Analysts expect OPEC’s recent oil production cuts will revitalise maritime movement through Egypt’s waterway Suez…
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OPEC
Dollar, euro tread water as ECB meeting comes into view
The euro and dollar were steady on Wednesday as traders paused for the outcome of Thursday's European Central Bank…
Oil prices surge, trading volume records smashed as OPEC, Russia agree output cut
An agreement between oil producer club OPEC and Russia to produce less to drain a global glut sent prices soaring…
Oil, dollar, energy shares and bond yields leap on OPEC deal
Oil prices and energy shares swept higher on Thursday after OPEC agreed to cut crude output to clear a glut, while…
Dollar climbs to 9-1/2-month high vs. yen on oil, Mnuchin
The dollar touched a 9-1/2-month high against the yen on Thursday, as oil prices surged after OPEC agreed to output…
BREAKING: OPEC reaches agreement to cut oil production to 32.5 million barrels/day
OPEC has reached a deal amongst all 14 member countries to cut oil production to 32.5 million barrels a day for the…
Oil prices hike 8% as source hints OPEC has agreed to plan to cut output
Oil prices soared on Wednesday more than 8 percent to a five-week high as a source said the Organization of the…
OPEC agrees output cut first since 2008: sources
OPEC has agreed on Wednesday its first limit on oil output since 2008, an OPEC source told Reuters after Saudi…
Saudi oil minister hints OPEC nears a deal; Iran energy minister warns nothing finalized…
Saudi Arabia's minister of energy told CNBC that he was relatively optimistic that OPEC could agree on Wednesday a…
Gulf stocks mixed in early trade ahead of OPEC decision
Saudi Arabia's stock market went up during Wednesday’s early trade while other Gulf bourses were mixed ahead of an…