oil output - page 14

Asian shares mostly lower, oil near one-year high on output cut plan

EghtesadOnline: Asian shares were mostly lower on Tuesday, while oil prices hovered near one-year highs on growing expectations of an output cut by OPEC producers.

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Publish Date:11/October/2016 | 09:20

Oil approaches one-year high as speculators buy into output cut deal

EghtesadOnline: Oil prices rose around one percent on Monday, approaching one-year highs, as speculators raised bets that oil prices would gain on the back of a landmark agreement among OPEC producers to rein in record output levels.

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Publish Date:10/October/2016 | 16:16

Electric Vehicles May Get a Boost From OPEC Decision

EghtesadOnline: Electric car makers may breath a sigh of relief from OPEC’s decision to curb oil output , which if it holds may help tilt the argument in favor of greener transport.

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Publish Date:01/October/2016 | 08:44

With Deal Done, OPEC Faces Hurdles in Making Output Cuts Work

EghtesadOnline: The challenges OPEC will confront trying to limit output were evident just minutes after the group agreed on the new plan. In an angry and sometimes incoherent briefing, Iraq’s oil minister railed against the journalists and analysts who estimate the amount of crude each member produces.

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Publish Date:01/October/2016 | 06:24

Oil soars 6 percent as OPEC reaches deal to limit output in November

EghtesadOnline: Oil prices settled up nearly 6 percent on Wednesday after OPEC struck a deal to limit crude output at its policy meeting in November, its first agreement to cut production since 2008 and after the market crashed on oversupply.

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Publish Date:29/September/2016 | 04:42

OPEC agrees modest oil output curbs in first deal since 2008

EghtesadOnline: OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group's leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices.

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Publish Date:29/September/2016 | 04:19

Iran Doesn’t Want Oil Deal in Algiers, Won’t Freeze Output

EghtesadOnline: Iran is not willing to freeze its oil output at current levels and doesn’t intend to forge an agreement with other major crude producers at talks in Algiers this week, the nation’s oil minister said.

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Publish Date:28/September/2016 | 07:28

OPEC set for no deal as Iran rejects Saudi oil output offer

EghtesadOnline: Iran rejected on Tuesday an offer from Saudi Arabia to limit its oil output in exchange for Riyadh cutting supply, dashing market hopes the two major OPEC producers would find a compromise this week to help ease a global glut of crude.

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Publish Date:28/September/2016 | 05:08

Oil prices rebound after Algeria says all options open at OPEC meeting

EghtesadOnline: Crude prices rebounded on Monday after Algeria's energy minister said the day before that all options were possible for an oil output cut or freeze at this week's informal meeting of OPEC producers.

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Publish Date:26/September/2016 | 07:22

Iraq Sees Now as ‘Right Time’ for OPEC Deal on Oil Output

EghtesadOnline: Now is the right time for OPEC to reach an agreement on oil output , and crude prices may fall if its members fail to take a decision when they meet next week in Algiers, Iraq’s governor to the producer group said.

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Publish Date:22/September/2016 | 15:35

OPEC Seen Failing to Clinch Oil-Output Deal at Algiers Talks

EghtesadOnline: OPEC probably won’t clinch a deal to limit oil production in Algiers next week as members stay focused on either boosting output or defending their market share, according to a Bloomberg survey.

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Publish Date:21/September/2016 | 17:19

Crude Glut Belies Risk From OPEC’s Dwindling Output Cushion

EghtesadOnline: As most of the world focuses on how unfettered oil production will weigh on prices, a few say a rebound is on the cards as the market starts to reflect a growing risk of shortages.

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Publish Date:17/September/2016 | 10:13

Oil Bears Dominate Market as Doubt Grows Over Output Limits

EghtesadOnline: The longer OPEC and other producers talk about a ceiling on crude output, the more doubts grow in the market.

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Publish Date:13/September/2016 | 08:29

OPEC Focus Moves From Freeze to Output Ceilings

EghtesadOnline: As OPEC officials shuttle between Tehran, Moscow and Paris in preparation for an informal meeting in Algiers, the focus of their efforts appears to be moving from a production freeze to voluntary output caps.

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Publish Date:10/September/2016 | 09:10

Iran Says Too Early to Discuss Oil Output Freeze at Algiers

EghtesadOnline: It will be too early for Iran to discuss freezing crude output when the world’s biggest producers meet later this month in Algiers, according to an official from the Persian Gulf nation’s state-oil company.

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Publish Date:08/September/2016 | 09:21

Iraq Tells OPEC at What Oil Output Level It’s Ready to Freeze

EghtesadOnline: Iraq has given fellow OPEC members the level of crude production at which it would be prepared to freeze output, according to the top official at the state oil marketing company.

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Publish Date:08/September/2016 | 09:14

Rouhani Says ‘Vital’ to Restore Pre-Sanctions Oil Output

EghtesadOnline: Iran’s President said he supports efforts by OPEC to stabilize oil prices, while reiterating that the country must restore production lost during years of sanctions.

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Publish Date:07/September/2016 | 09:06

Oil edges lower amid scepticism about output freeze

EghtesadOnline: Oil prices inched lower on Wednesday as market participants remained skeptical that producers will reach an agreement to freeze output to rein in a global supply glut.

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Publish Date:07/September/2016 | 07:48

Saudi Oil Minister Says No Need Now to Freeze Crude Output

EghtesadOnline: There is currently no need to limit oil output , Saudi Energy Minister Khalid Al-Falih said on Monday, after signing an energy agreement with his Russian counterpart Alexander Novak.

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Publish Date:06/September/2016 | 08:42

Oil Gains as Saudis See Steady Output After U.S. Stockpiles Rise

EghtesadOnline: Oil rose after dropping the most in a month as Saudi Arabia said it won’t boost output to capacity and flood a market that’s contending with a global inventory overhang of crude and fuel supplies.

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Publish Date:01/September/2016 | 08:49