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OPEC Does Not Want Brent Over $60

EghtesadOnline: OPEC members do not want Brent oil to rise above $60 a barrel because higher prices could bring more supply from shale output, Iran’s oil minister said.
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Publish Date:10/January/2018 | 14:11

Stocks Decline Globally as Oil Slides; Euro Gains

EghtesadOnline: The risk-off mood gripping global markets showed little sign of easing as European stocks followed declines in Asia. Taking impetus from a selloff in energy commodities, the slide also spread to U.S. equity futures as bonds and gold advanced with the yen and euro.
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Publish Date:15/November/2017 | 13:32

OPEC Approaches Meeting Without Clear Plan on How to Extend Cuts

EghtesadOnline: Fifteen days from now, nations that pump more than half the world’s oil gather in Vienna to discuss extending the production cuts that helped lift prices to two-year highs. The outcome is far from certain.
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Publish Date:15/November/2017 | 13:28

Stocks Drift as Banks Retreat; Bonds, Oil Climb

EghtesadOnline: Stocks fluctuated and bonds advanced amid a cautious start to the week for markets, with the euro and dollar slipping as President Donald Trump tackled trade on his Asia tour. A crackdown on corruption in Saudi Arabia spurred oil.
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Publish Date:06/November/2017 | 24:23

China data boosts world stocks and commodities, oil jumps

EghtesadOnline: World stocks and commodities rose on Monday, boosted by upbeat Chinese data, while U.S. oil futures jumped to a near six-month high as an escalation in fighting between the Iraqi government and Kurdish forces threatened supply.
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Publish Date:16/October/2017 | 11:30

China data boosts world stocks and commodities, oil jumps

EghtesadOnline: World stocks and commodities rose on Monday, boosted by upbeat Chinese data, while U.S. oil futures jumped to a near six-month high as an escalation in fighting between the Iraqi government and Kurdish forces threatened supply.
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Publish Date:16/October/2017 | 11:30

Stocks Rise as Oil and Copper Surge; Euro Weakens

EghtesadOnline: Stocks in Europe nudged higher, led by miners, as gains in oil and copper drove Bloomberg’s gauge of commodity prices to a six-month high. The euro weakened and Spanish shares fell after Spain’s government gave Catalonia a new deadline to back down from its independence claim.
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Publish Date:16/October/2017 | 11:12

Stocks Rise as Oil and Copper Surge; Euro Weakens

EghtesadOnline: Stocks in Europe nudged higher, led by miners, as gains in oil and copper drove Bloomberg’s gauge of commodity prices to a six-month high. The euro weakened and Spanish shares fell after Spain’s government gave Catalonia a new deadline to back down from its independence claim.
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Publish Date:16/October/2017 | 11:12

Euro, Gold, Oil Drop After German Vote

EghtesadOnline: Politics dominated trading on Monday, with the euro sliding as Germany’s election result foreshadowed potentially complex political-coalition building. Gold fell as West Texas crude retreated.
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Publish Date:26/September/2017 | 07:10

Euro, Gold, Oil Drop After German Vote

EghtesadOnline: Politics dominated trading on Monday, with the euro sliding as Germany’s election result foreshadowed potentially complex political-coalition building. Gold fell as West Texas crude retreated.
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Publish Date:26/September/2017 | 07:10

Oil rises after Iraq signals possible OPEC cut extension

EghtesadOnline: Oil prices rose on Wednesday after Iraq’s oil minister said OPEC and other crude producers were considering extending or even deepening a supply cut to curb a global glut, while a report showed a smaller-than-expected increase in U.S. inventories.
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Publish Date:20/September/2017 | 07:30

Oil rises after Iraq signals possible OPEC cut extension

EghtesadOnline: Oil prices rose on Wednesday after Iraq’s oil minister said OPEC and other crude producers were considering extending or even deepening a supply cut to curb a global glut, while a report showed a smaller-than-expected increase in U.S. inventories.
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Publish Date:20/September/2017 | 07:30

OPEC Discusses Extending Oil Cuts by More Than Three Months

EghtesadOnline: OPEC and its allies are discussing extending by more than three months the oil production cuts that expire in March 2018, potentially prolonging them well into the second half of next year in an effort to boost prices, according to people familiar with the matter.
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Publish Date:13/September/2017 | 05:06