Opec - page 31

OPEC Freeze Wouldn’t Be So Potent as Gulf Rivals Pump More

EghtesadOnline: Even if OPEC strikes a deal with Russia next month in Algiers to freeze oil production, success will mean a lot less than when they tried and failed four months ago.

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Publish Date:22/August/2016 | 06:29

Iraq Will Boost Oil Exports After Agreement on Kirkuk Fields

EghtesadOnline: Iraq, OPEC’s second-biggest producer, will increase crude exports by about 5 percent in the next few days after an agreement to resume shipments from three oil fields in Kirkuk.

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Publish Date:22/August/2016 | 06:09

Shale Drillers Party Like It’s 2014 as Oil Finds Bull Market

EghtesadOnline: Shale drillers are adding the most oil rigs since crude was worth $100 a barrel as confidence that OPEC may finally agree to freeze output pushed futures into a bull market.

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Publish Date:20/August/2016 | 09:26

Saudi-Iran Rivalry Heats Up as OPEC Seeks to Stabilize Price

EghtesadOnline: Saudi Arabia and Iran are giving no ground in their market share war, just days after OPEC announced an informal meeting to discuss ways to stabilize falling prices.

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Publish Date:16/August/2016 | 09:25

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 Trades Near $46 a Barrel as Nigeria Sees OPEC Cuts Unlikely

EghtesadOnline: Oil traded near $46 a barrel after the biggest three-day gain since April as Nigeria’s oil minister signaled the prospect of production cuts from OPEC was unlikely.

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Publish Date:16/August/2016 | 08:55

Oil Bulls Take Heart as OPEC Rekindles Hopes of Output Freeze

EghtesadOnline: All it took was a few words from OPEC to encourage oil bulls.

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Publish Date:15/August/2016 | 09:07

OPEC: Iran boost oil production by 12,000 barrels in July

EghtesadOnline: Iran has boosted its oil output by 12,000 battles in July as compared to the previous month (June), the Organization for Petroleum Exporting Countries (OPEC) announced.

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Publish Date:13/August/2016 | 08:31

Oil Rises to Weekly Gain as Saudis Reiterate Wish for Stability

EghtesadOnline: Oil climbed to its biggest weekly advance since April as Saudi Arabia signaled it’s prepared to discuss stabilizing markets at informal OPEC discussions next month after prices tumbled into a bear market.

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Publish Date:13/August/2016 | 07:59

Saudi Arabia Said to Report Record Oil Output on Summer Demand

EghtesadOnline: Saudi Arabia told OPEC that it pumped a record 10.67 million barrels of oil a day in July to meet a summer surge in domestic demand, an increase that will do nothing to endear OPEC’s leading exporter to other members seeking output limits to shore up prices.

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Publish Date:10/August/2016 | 10:15

OPEC Plans Informal Talks Next Month, Sees Oil Dip Temporary

EghtesadOnline: The Organization of Petroleum Exporting Countries will hold informal talks at a conference in Algiers next month and considers the recent decline in oil prices “temporary,” the group’s president said Monday.

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Publish Date:08/August/2016 | 11:00

Oil rises on new output freeze calls, but traders bet on further falls

EghtesadOnline: Oil prices rose on Monday, lifted by reports of renewed talks by some members of the Organization of the Petroleum Exporting Countries (OPEC) to restrain output.

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Publish Date:08/August/2016 | 10:30

OPEC Output Disrupted

EghtesadOnline: OPEC’s crude oil output was disrupted in July by militant attacks in Nigeria and political disputes in Libya, according to a Bloomberg News survey.

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Publish Date:04/August/2016 | 13:16

Sinking Oil Prices Mean Fragile Unity for OPEC’s New Chief

EghtesadOnline: When OPEC’s new chief starts next week, he’ll take over an organization that’s largely reconciled internal differences after a two-year fight over strategy. But as oil prices sink again, that unity could be at risk.

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Publish Date:31/July/2016 | 09:22