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Oil prices rise as dollar comes off two-week high

EghtesadOnline: Oil futures edged up on Tuesday as the U.S. dollar backed off a two-week high hit the day before, although doubts that crude producers would agree next month to an output freeze continued to drag on prices.
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Publish Date:30/August/2016 | 07:30

Iraq Can Crush OPEC's Oil Freeze Believers

EghtesadOnline: When the OPEC nations last met with Russia to agree an output freeze, back in April, it was Saudi Arabia that shot down the deal -- refusing to take part without Iran. This time both countries may be more accommodating; the stumbling block is more likely to be Iraq.
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Publish Date:29/August/2016 | 08:10

Iran’s Oil-Market Share Grab Seen Dimming Hopes for Freeze Talks

EghtesadOnline: Iran’s plan to keep boosting crude production until it regains its OPEC market share is dimming prospects of collective action by major producers to freeze output, according to Patrick Allman-Ward, chief executive officer of Dana Gas PJSC.
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Publish Date:29/August/2016 | 07:50