Oil Producers Prepare for New Slump, Tap Capital Markets

EghtesadOnline: Oil producers are not betting on the recent price rally. In contrast, after surviving two years of low prices, they are gearing up for a third by buying protection against a renewed downturn.

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Publish Date:19/July/2016 | 14:56

Zanganeh: Using Oil as Weapon Will Harm All Oil Producers

EghtesadOnline: Iran has never been a threat to energy security, nor will it ever pose a risk to it, as insecurity in the region is against its national interests.

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Publish Date:09/July/2019 | 09:34

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.

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Publish Date:21/July/2017 | 07:44

Most oil producers want extension of output cuts: Iran minister

EghtesadOnline: Most oil producers support an extension of output cuts by OPEC and non-OPEC countries, and Iran would also back such a move, Iranian Oil Minister Bijan Zanganeh was quoted as saying.

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Publish Date:16/April/2017 | 04:12

Four Scenarios for Oil Producers as They Seek to Boost Prices

EghtesadOnline: A meeting in Algiers at the end of September between OPEC and Russia -- which together pump more than half the world’s oil -- has raised expectations that a deal could be struck to boost prices.

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Publish Date:10/September/2016 | 09:48

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

Russia Open to Cooperation With OPEC, Minister Tells Al-Awsat

EghtesadOnline: Russia is open for talks with other major oil producers on freezing output as the market is unlikely to balance until next year, Energy Minister Alexander Novak said in an interview with Asharq Al-Awsat.

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Publish Date:16/August/2016 | 09:15

Oil prices dip as traders cash in on two-week price rally

EghtesadOnline: Oil prices edged away from 5-week highs on Tuesday, with traders cashing in on a 16-percent rally since early August that has largely been fueled by talk of producers taking action to prop up the market.

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Publish Date:16/August/2016 | 08:03