oil output - page 10

tag oil output

Oil prices will be much more volatile in 2017: IEA

EghtesadOnline: Global oil prices will witness "much more volatility" in 2017 even though markets may rebalance in the first half of the year if output cuts pledged by producers are implemented, the head of the International Energy Agency (IEA) said on Sunday.
|
Publish Date:15/January/2017 | 17:48

Non-OPEC Delivers More Than a Quarter of Promised Cuts so Far

EghtesadOnline: Russia and Kazakhstan said they’ve met or exceeded their initial goals for trimming oil output , bringing cuts by non-OPEC nations in the first 10 days of this year to more than a quarter of the total pledged a month ago in Vienna.
|
Publish Date:11/January/2017 | 04:28

Iran capitalizes on OPEC oil cut to sell millions of barrels - sources

EghtesadOnline: Iran has sold more than 13 million barrels of oil that it had long held on tankers at sea, capitalizing on an OPEC output cut deal from which it is exempted to regain market share and court new buyers, according to industry sources and data.
|
Publish Date:09/January/2017 | 13:55

Oil dips on doubts over touted production cuts

EghtesadOnline: Oil prices dipped on Thursday on doubts producers would fully deliver on promises to cut output, although record U.S. automobile sales and falling crude stocks offered markets some support.
|
Publish Date:05/January/2017 | 05:18

Oil prices edge up on expectations of tightening supplies

EghtesadOnline: Oil edged higher on Wednesday, with top exporter Saudi Arabia expected to raise prices for its crude as part of planned supply cuts, although a strong dollar and moderate economic growth prospects restricted gains.
|
Publish Date:04/January/2017 | 05:15

Hedge Funds Bet Oil Rally to Extend Into 2017 as Output Cuts Hit

EghtesadOnline: Investors are showing no sign of turning their backs on oil heading into 2017. Money managers’ wagers on rising West Texas Intermediate crude prices are triple what they were at the end of 2015, and are the highest since the start of the crude market crash 2 1/2 years ago.
|
Publish Date:31/December/2016 | 13:39

Oil down, but ends year with biggest gain since 2009

EghtesadOnline: Oil prices settled slightly lower on Friday, the year's last trading day, but attained their biggest annual gain since 2009, after OPEC and partners agreed to cut output to reduce a supply overhang that has depressed prices for two years.
|
Publish Date:31/December/2016 | 04:55

OPEC Deal Makes Oil Investors Most Bullish Since Slump Began

EghtesadOnline: Investors are the most optimistic on oil since the slump began two and a half years ago. Money managers boosted bets on rising West Texas Intermediate crude prices to the highest level since July 2014 after the Organization of Petroleum Exporting Countries and producers outside the group agreed to coordinate crude production cuts
|
Publish Date:19/December/2016 | 06:38

Saudi Oil Minister Sees Commitment to Cuts Ending Glut in Months

EghtesadOnline: OPEC and other major oil producers are committed to a “high level of compliance” with their agreements to cut output, and the shared strategy will balance the market in 2017, Saudi Oil Minister Khalid Al-Falih said.
|
Publish Date:17/December/2016 | 07:00