oil output - page 6

tag oil output

Oil Bulls Rewarded as Crude Surges After OPEC Output Accord

EghtesadOnline: Oil investors’ bullish bets on last week’s OPEC meeting paid off. While most analysts weren’t expecting a deal, money managers increased wagers on rising prices by the most since January ahead of the Organization of Petroleum Exporting Countries’ talks in Algiers.
|
Publish Date:03/October/2016 | 06:07

Oil prices fall on high production despite planned OPEC output cut

EghtesadOnline: Oil prices fell away from $50 per barrel on Monday despite an agreement last week by exporters to cut output, with traders doubting the step was enough to rein in production that has exceeded consumption for the better part of three years.
|
Publish Date:03/October/2016 | 05:39

Iran has right to raise oil output : Algeria

EghtesadOnline: Algerian energy minister lent weight to Iran’s bid to regain market share through stepped-up oil production despite objections from Saudi Arabia.
|
Publish Date:10/September/2016 | 10:56

Modular Refining Units to Help Raise Iran's South Azadegan Oil Output

EghtesadOnline: To raise crude output in shared reservoirs with Iraq, Iran's Petroleum Engineering and Development Company is installing skid-mounted modular mini refining units in South Azadegan Oilfield in Khuzestan Province, managing director of the firm said.
|
Publish Date:04/February/2019 | 15:16

Iran Criticizes Moscow-Riyadh Efforts to Ramp Up Oil

EghtesadOnline: A senior Iranian energy official criticized Russia and Saudi Arabia for ramping up oil output , saying they were breaking a production agreement between OPEC and Moscow and would strengthen the US effort to impose sanctions on Tehran.
|
Publish Date:07/August/2018 | 09:46

OPEC sees strong oil market, possible need for more output

EghtesadOnline: Global oil demand is set to stay strong in the second half of 2018, an OPEC technical panel forecast this week, suggesting the market could absorb extra production from the group.
|
Publish Date:19/June/2018 | 10:37

Oil falls as investors brace for output increases

EghtesadOnline: Oil edged lower on Tuesday, pressured by expectations that Saudi Arabia and Russia could pump more crude to compensate for a potential supply shortfall.
|
Publish Date:29/May/2018 | 11:05

Oil sinks while stocks gain on North Korea, euro shaken by Italy

EghtesadOnline: U.S. oil futures sank to six-week lows on Monday on expectations that major producers may raise output, while Asian stocks and U.S. share futures gained on signs the United States and North Korea were still working towards holding a summit.
|
Publish Date:28/May/2018 | 09:10

Oil Producers Don’t Have a Plan to End the Glut

EghtesadOnline: OPEC and Russia’s plan to clear the global oil glut hasn’t worked as they hoped, but there’s little expectation the world’s largest producers will act more aggressively when they meet this weekend.
|
Publish Date:21/July/2017 | 07:44

IEA chief Birol: Oil market to rebalance in second half of 2017

EghtesadOnline: The global oil market is expected to rebalance in the second half of 2017, but further output increases among key producers such as Nigeria and Libya could hamper this process, International Energy Agency chief Fatih Birol said on Tuesday.
|
Publish Date:05/July/2017 | 05:21

OPEC's Output Rose to the Highest This Year

EghtesadOnline: OPEC’s crude production rose to the highest this year in June as member nations exempt from output curbs pumped more.
|
Publish Date:04/July/2017 | 04:11

Oil prices rise on first drop in U.S. drilling in months

EghtesadOnline: Oil prices rose on Monday, lifted by the first fall in U.S. drilling activity in months, although gains were capped by reports of rising OPEC output last month even as the group has pledged to cut supply.
|
Publish Date:03/July/2017 | 04:43