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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

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

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

Saudi Arabia Holds China Market Share Lead on Record Oil Output

EghtesadOnline: Saudi Arabia kept its spot as China’s biggest oil supplier for the first seven months this year after pumping record output in July, even as Russia threatens to overtake the kingdom in their contest for sales to the world’s largest energy consumer.
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Publish Date:25/August/2016 | 13:41

Oil steady near six-week highs on talk of supply freeze

EghtesadOnline: Brent crude oil traded above $50 a barrel for the first time in six weeks on Thursday as the world's biggest producers prepared to discuss a possible freeze in output levels.
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Publish Date:18/August/2016 | 24:48