Oil prices tread water ahead of OPEC meeting
Oil prices were steady on Thursday on mixed market signals ahead of an OPEC meeting in Vienna, which analysts said…
Browsing Tag
OPEC
Gulf OPEC members plan joint action on oil output
Gulf OPEC members including Saudi Arabia are looking to revive the idea of coordinated oil-output action by major…
Venezuela president declares emergency, cites U.S., domestic ‘threats’
Venezuelan President Nicolas Maduro declared a 60-day state of emergency on Friday due to what he called plots from…
Oil rises as IEA expects biggest non-OPEC output fall in 25 years
Crude prices rose on Thursday, reversing earlier declines, as the International Energy Agency (IEA) said that 2016…
Oil falls as dark clouds appear ahead of producer meeting
Oil prices fell on Thursday as OPEC warned of slowing demand and Russia hinted that there might only be a loose…
Moody’s places Arab Gulf states on review for downgrade
Moody's has lowered the credit ratings of Oman and Bahrain and placed the remaining Gulf oil exporters on review…
Oil rises as lower output tightens market, outweighs weak China data
Oil prices rose over 1 percent on Tuesday, shrugging off a slump in China's manufacturing sector that stirred fears…
Oil prices up on Saudi support, China; poll shows less OPEC output
Oil prices climbed 3 percent Monday after China moved to boost its slowing economy and Saudi Arabia pledged to work…
Oil prices “totally unacceptable”, Nigeria president tells Qatar’s ruler
The OPEC cartel needs to take action to stabilise the oil market because crude prices have tumbled to "totally…
Oil prices fall as OPEC squabbles over output targets, crude stocks swell
Oil prices slid on Wednesday, extending sharp falls from the previous session after top exporter Saudi Arabia ruled…