oil prices - page 23

Asian stocks follow U.S. up, Mexican peso hits 6-wk high after debate

EghtesadOnline: Asian stocks advanced on Thursday, propelled by strong U.S. earnings and oil prices near a 15-month high, while the Mexican peso hit a six-week high after the final U.S. presidential debate before the Nov. 8 election.

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Publish Date:20/October/2016 | 07:33

Oil Seen Stuck in $50 to $60 Range as Shale Blunts OPEC Action

EghtesadOnline: The world should get used to oil prices between $50 and $60 a barrel as falling costs in America’s shale fields counteract OPEC’s renewed commitment to supply management.

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Publish Date:19/October/2016 | 09:26

Saudis Said to Boost Oil Sales to China as Pricing Lures Buyers

EghtesadOnline: Saudi Arabia, which is marshaling a potential deal with global crude producers to limit output, is said to have lifted sales to the world’s second biggest oil consumer after cutting the pricing for its supply.

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Publish Date:19/October/2016 | 08:39

Oil rises on U.S. crude inventory draw, falling Chinese output

EghtesadOnline: Oil prices rose on Wednesday, lifted by a report of a drop in U.S. crude inventories and declining production in China, while an upbeat OPEC statement on its planned output cut also supported the market.

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Publish Date:19/October/2016 | 07:15

Long Bond Selloff Spreads as European Stocks Drop With Crude Oil

EghtesadOnline: Longer-dated bonds fell in Asia and Europe after comments by Federal Reserve Chair Janet Yellen fueled concern that policy makers will tolerate faster inflation. European shares declined with oil.

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Publish Date:17/October/2016 | 08:33

Oil prices fall on higher OPEC output, rise in U.S. crude stocks

EghtesadOnline: Oil prices fell on Thursday after OPEC said its production had risen to the highest level in at least eight years and following reports of an increase in U.S. crude stockpiles.

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Publish Date:13/October/2016 | 07:51

Asian shares mostly lower, oil near one-year high on output cut plan

EghtesadOnline: Asian shares were mostly lower on Tuesday, while oil prices hovered near one-year highs on growing expectations of an output cut by OPEC producers.

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Publish Date:11/October/2016 | 09:20

Oil approaches one-year high as speculators buy into output cut deal

EghtesadOnline: Oil prices rose around one percent on Monday, approaching one-year highs, as speculators raised bets that oil prices would gain on the back of a landmark agreement among OPEC producers to rein in record output levels.

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Publish Date:10/October/2016 | 16:16

North Sea Oil and Gas Drilling Activity Plunges to All-Time Low

EghtesadOnline: The number of rigs drilling for oil and gas in the North Sea, home of the Brent crude benchmark, plunged in September to the lowest in nearly 35 years as companies cut spending to weather low prices.

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Publish Date:09/October/2016 | 20:22

Oil prices fall on surging Iran sales, but looming OPEC deal offers support

EghtesadOnline: Oil prices fell on Tuesday on a rise in Iranian exports which add to a global supply overhang, although a planned OPEC-led production cut later this year offered some support.

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Publish Date:04/October/2016 | 08:39

Oil Drops as U.S. Adds Drill Rigs While Iran Seeks Export Boost

EghtesadOnline: Oil declined from the highest close in six weeks as U.S. producers increased drilling and Iran signaled it’s seeking to boost exports after OPEC members agreed to reduce output at a meeting last week.

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Publish Date:03/October/2016 | 06:10

Forget shale. There's a broader - much more boring - technological revolution sweeping oil markets.

How Actual Nuts and Bolts Are Bringing Down Oil Prices

EghtesadOnline: Last spring, Statoil ASA announced it had used the same oil well design and components to drill three reservoirs for the price of one.

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Publish Date:01/October/2016 | 08:52

Good news for oil producers is bad news at the pump

The Biggest Winners and Losers From OPEC's Oil Deal

EghtesadOnline: The Organization of Petroleum Exporting Countries' agreement to cut production ends two years of Saudi Arabia's pump-at-will policies, which had sunk oil prices to the joy of drivers in the Western world and the consternation of central bankers seeking to stave off deflation. With the reversal of that stance, a whole new set of winners and losers will emerge.

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Publish Date:01/October/2016 | 06:38

Oil prices, stocks up on surprise OPEC deal though gains seen fizzling

EghtesadOnline: Oil prices extended gains in Asia on Thursday, boosting stock markets, after OPEC members agreed to curb output in a surprise deal, though investors were wary of chasing markets higher as the U.S. presidential election nears.

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Publish Date:29/September/2016 | 04:56

Oil soars 6 percent as OPEC reaches deal to limit output in November

EghtesadOnline: Oil prices settled up nearly 6 percent on Wednesday after OPEC struck a deal to limit crude output at its policy meeting in November, its first agreement to cut production since 2008 and after the market crashed on oversupply.

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Publish Date:29/September/2016 | 04:42

OPEC agrees modest oil output curbs in first deal since 2008

EghtesadOnline: OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group's leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices .

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Publish Date:29/September/2016 | 04:19

European Stocks Rise as Oil Sub-$45 Before Algiers; Dollar Gains

EghtesadOnline: European stocks rose with U.S. equity index futures as oil stabilized below $45 a barrel before major producers meet to discuss output constraints in Algiers. The dollar strengthened versus most peers.

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Publish Date:28/September/2016 | 07:57

Asia stocks edge down on Europe bank woes, lower oil

EghtesadOnline: Asian stocks were mostly lower on Wednesday, with European banking sector concerns and lower crude oil prices dulling investors' appetite for riskier assets.

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Publish Date:28/September/2016 | 04:56

Oil Halts Advance as Speculation Over OPEC Deal Whipsaws Market

EghtesadOnline: Oil halted gains after two days of price swings as investors weigh the chance of OPEC reaching an output deal to stabilize markets when the group meets Wednesday in Algiers.

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Publish Date:27/September/2016 | 06:54

Oil prices slip on profit-taking as investors eye U.S. stockpile data

EghtesadOnline: Crude futures slipped in Asian trade on Tuesday as investors took profits after prices climbed more than 3 percent in the previous session.

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Publish Date:27/September/2016 | 04:49