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Oil, bank stocks send S&P, Dow to record highs

EghtesadOnline: Gains in energy and bank stocks lifted the Dow and the S&P 500 to record intraday highs on Wednesday, but losses in technology stocks dragged down the Nasdaq.
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Publish Date:30/November/2016 | 19:24

Oil jumps over 8 percent as OPEC finalizes output cut deal

EghtesadOnline: Oil prices soared more than 8 percent on Wednesday to the highest in a month as some of the world's largest producers agreed to curb production for the first time since 2008 in a bid to support prices.
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Publish Date:30/November/2016 | 19:18

Oil prices dip on scepticism ahead of OPEC meeting

EghtesadOnline: Oil prices dipped on Tuesday on doubts that producer cartel OPEC will be able to hammer out a meaningful output cut during a meeting on Wednesday aimed at reining in a global supply overhang and propping up prices.
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Publish Date:29/November/2016 | 06:03

Oil prices fall over doubts of planned crude output cut

EghtesadOnline: Oil prices fell on Monday, adding to Friday's steep losses as doubts re-emerged over the ability of major producers to agree output cuts at a planned meeting on Wednesday aimed at reining in global oversupply.
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Publish Date:28/November/2016 | 09:23

Dollar, U.S. bond yields drop as oil tumbles on output cut doubts

EghtesadOnline: The dollar and U.S. bond yields fell on Monday as investors reversed a "Trumpflation" trade that has gripped markets since the U.S. elections, after oil prices slid on fears that producer countries meeting this week could fail to agree an output cut.
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Publish Date:28/November/2016 | 08:36

Algerian Min: Oil price to exceed $55 on OPEC consensus

EghtesadOnline: Algerian Minister of Energy and Mining Minister Noureddine Bouterfa said in Tehran on Saturday that oil price will exceed 55 dollars after OPEC reaches an agreement.
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Publish Date:27/November/2016 | 20:25

Oil falls $2 a barrel on OPEC cut uncertainty ahead of meeting

EghtesadOnline: U.S. crude fell nearly 4 percent on Friday, dragged down by uncertainty over whether the Organization of the Petroleum Exporting Countries will reach an output deal, after Saudi Arabia said it will not attend talks on Monday with non-OPEC producers to discuss supply cuts.
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Publish Date:26/November/2016 | 21:34

Oil prices edge up ahead of OPEC meeting to discuss output cuts

EghtesadOnline: Oil prices were slightly higher on Thursday ahead of next week's meeting of the Organization of the Petroleum Exporting Countries (OPEC) to discuss implementation of its proposed cap on production.
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Publish Date:24/November/2016 | 16:19

Oil prices static on uncertainty over planned production cut

EghtesadOnline: Oil prices were little changed on Thursday as uncertainty ahead of a planned OPEC-led crude production cut and thin liquidity during the U.S. Thanksgiving holiday kept traders from making big new bets.
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Publish Date:24/November/2016 | 15:27

Oil prices ease on doubts OPEC-led cut will end glut

EghtesadOnline: Oil prices edged lower on Wednesday on investors' doubts that OPEC would agree a large enough production cut to significantly reduce the global surplus when it meets next week.
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Publish Date:23/November/2016 | 15:47

Oil prices rise to highest this month on hopes of OPEC deal

EghtesadOnline: Oil prices rose on Tuesday to their highest this month as a growing consensus emerged in the market that OPEC would overcome internal disputes and scepticism to strike a deal that materially reduces crude output.
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Publish Date:22/November/2016 | 13:08

Crude Rallies With Asian Equities, Metals; Dollar Holds Advance

EghtesadOnline: Oil jumped on optimism OPEC will agree to a supply-cut deal, while Asian equities and industrial metals rebounded from last week’s losses. The dollar held near a January high, with traders all but convinced the Federal Reserve will pull the trigger on a rate hike in December.
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Publish Date:21/November/2016 | 08:26

U.S. Oil Drillers Coming Back to Life

EghtesadOnline: Growing confidence that crude prices will rise in coming months is sustaining the expansion of oil drilling in the shale patch.
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Publish Date:21/November/2016 | 08:20

Oil prices climb on expectation of OPEC-led output cut

EghtesadOnline: Oil prices rose around 1 percent on Monday as producer cartel OPEC moved closer to an output cut to rein oversupply that has kept prices low for over two years.
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Publish Date:21/November/2016 | 06:08

Oil prices rise on Saudi optimism over OPEC deal

EghtesadOnline: Oil prices rose on Thursday as expectations of an OPEC deal to limit production outweighed evidence of global oversupply and rising inventories, particularly in the United States.
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Publish Date:17/November/2016 | 16:23

Government Bonds Fall Worldwide on Trump-Fed Nexus; Oil Declines

EghtesadOnline: Government bonds tumbled around the world and the dollar rose on speculation that the economic outlook is sufficiently strong to allow the Federal Reserve to step up the pace of interest-rate hikes. Metals and crude oil fell.
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Publish Date:16/November/2016 | 24:12

Oil declines after OPEC-inspired rally as U.S. inventories rise

EghtesadOnline: Oil prices fell on Wednesday, returning some of the gains made in one of the year's biggest rallies a day earlier, after industry data showed U.S. crude stocks rose beyond expectations last week to add to an oversupplied market.
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Publish Date:16/November/2016 | 10:45

Oil demand won't peak before 2040, despite Paris deal: IEA

EghtesadOnline: The International Energy Agency expects global oil consumption to peak no sooner than 2040, leaving its long-term forecasts for supply and demand unchanged despite the 2015 Paris Climate Change Agreement entering into force.
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Publish Date:16/November/2016 | 10:20