tag oil Freeze

No sign of oil freeze at home as Russia meets OPEC

EghtesadOnline: As Russian energy minister Alexander Novak flies to Algeria this week for talks with OPEC on output cuts, developments at home indicate non-OPEC Russia is not preparing for any coordinated production action.
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Publish Date:27/September/2016 | 04:46

Russia to OPEC: Oil Freeze Is All You Get

EghtesadOnline: Facing pressure from OPEC to make a significant output reduction, Russia reiterated its readiness to freeze oil production at current levels, arguing that the offer amounted to a cut compared with next year’s plans.
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Publish Date:24/November/2016 | 17:17

Iran's ready to join oil freeze plan

EghtesadOnline: A senior Iranian oil official here on Monday voiced Tehran readiness to join the Organization of Petroleum Exporting Countries (OPEC) oil freeze plan to help stabilize prices in international markets.
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Publish Date:25/October/2016 | 10:16

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 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

Putin Pushes for Oil Freeze Deal With OPEC, Exemption for Iran

EghtesadOnline: Vladimir Putin said he’d like OPEC and Russia, producers of half of the world’s oil, to reach a deal to freeze supply and expects the dispute over Iran’s participation can be resolved.
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Publish Date:03/September/2016 | 11:15

OPEC Secretary-General due in Iran to talk oil freeze

EghtesadOnline: The secretary-general of Organization of the Petroleum Exporting Countries (OPEC), Mohammed Barkindo, will pay an official visit to Tehran next week to convince Iran to join the oil output freeze plan.
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Publish Date:01/September/2016 | 09:55