oil Freeze

Russia to OPEC: Oil Freeze Is All You Get

EghtesadOnline: Facing pressure from OPEC to make a significant output reduction, Russia reiterated its readiness to freeze oil production at current levels, arguing that the offer amounted to…
2016-11-24 17:17
Iran's ready to join oil freeze plan

EghtesadOnline: A senior Iranian oil official here on Monday voiced Tehran readiness to join the Organization of Petroleum Exporting Countries (OPEC) oil freeze plan to help stabilize prices…
2016-10-25 10:16
Iran Doesn’t Want Oil Deal in Algiers, Won’t Freeze Output

EghtesadOnline: Iran is not willing to freeze its oil output at current levels and doesn’t intend to forge an agreement with other major crude producers at talks in Algiers this week, the nation’s…
2016-09-28 07:28
Saudis See Oil-Freeze Deal Possible in November, Not This Week

EghtesadOnline: A deal by major oil exporters to freeze output may have to wait another couple of months.
2016-09-28 07:24
No sign of oil freeze at home as Russia meets OPEC

EghtesadOnline: As Russian energy minister Alexander Novak flies to Algeria this week for talks with OPEC on output cuts, developments at home indicate non-OPEC Russia is not preparing for any…
2016-09-27 04:46
OPEC Seen Failing to Clinch Oil-Output Deal at Algiers Talks

EghtesadOnline: OPEC probably won’t clinch a deal to limit oil production in Algiers next week as members stay focused on either boosting output or defending their market share, according to…
2016-09-21 17:19
Saudi Oil Output Said to Drop as OPEC Debates Production Freeze

EghtesadOnline: Saudi Arabia told OPEC that its oil production dropped by 40,000 barrels a day in August to 10.63 million barrels as the group debates a deal to curb output to shore up prices.
2016-09-10 09:44
OPEC Focus Moves From Freeze to Output Ceilings

EghtesadOnline: As OPEC officials shuttle between Tehran, Moscow and Paris in preparation for an informal meeting in Algiers, the focus of their efforts appears to be moving from a production…
2016-09-10 09:10
Iran Says Too Early to Discuss Oil Output Freeze at Algiers

EghtesadOnline: It will be too early for Iran to discuss freezing crude output when the world’s biggest producers meet later this month in Algiers, according to an official from the Persian Gulf…
2016-09-08 09:21
Iraq Tells OPEC at What Oil Output Level It’s Ready to Freeze

EghtesadOnline: Iraq has given fellow OPEC members the level of crude production at which it would be prepared to freeze output, according to the top official at the state oil marketing company.
2016-09-08 09:14
OPEC Risks ‘Crying Wolf’ as Oil Trader Gunvor Doubts Accord

EghtesadOnline: One of the world’s biggest commodities traders doubts oil producers will be able to agree on curbing output to pull up prices.
2016-09-07 08:56
Oil edges lower amid scepticism about output freeze

EghtesadOnline: Oil prices inched lower on Wednesday as market participants remained skeptical that producers will reach an agreement to freeze output to rein in a global supply glut.
2016-09-07 07:48
Saudi, Russia Vow Oil Cooperation Without Agreeing to Freeze

EghtesadOnline: The world’s top two crude-oil producers pledged to cooperate to stabilize global markets, while failing to announce any specific measures to bolster prices.
2016-09-06 08:46
Saudi Oil Minister Says No Need Now to Freeze Crude Output

EghtesadOnline: There is currently no need to limit oil output, Saudi Energy Minister Khalid Al-Falih said on Monday, after signing an energy agreement with his Russian counterpart Alexander…
2016-09-06 08:42
Oil Rally Fervor Cools as OPEC Output at Record Before Talks

EghtesadOnline: Investors are realizing that OPEC’s talk of a production freeze may not be much of a restraint, as output reached another record.
2016-09-05 09:27
Saudi Stocks Climb Most in Gulf After Oil Gains on Freeze Talks

EghtesadOnline: Saudi Arabian stocks led advances across most Gulf markets as investors bet companies in the kingdom stand to benefit if oil-producing nations agree an output freeze.
2016-09-04 09:14
Putin Pushes for Oil Freeze Deal With OPEC, Exemption for Iran

EghtesadOnline: Vladimir Putin said he’d like OPEC and Russia, producers of half of the world’s oil, to reach a deal to freeze supply and expects the dispute over Iran’s participation can be…
2016-09-03 11:15
OPEC Secretary-General due in Iran to talk oil freeze

EghtesadOnline: The secretary-general of Organization of the Petroleum Exporting Countries (OPEC), Mohammed Barkindo, will pay an official visit to Tehran next week to convince Iran to join the…
2016-09-01 09:55
Oil Heads for Biggest Monthly Gain Since April Before OPEC Talks

EghtesadOnline: Oil is poised for the biggest monthly advance since April amid speculation informal talks among OPEC members in Algeria next month may result in action to stabilize the market.
2016-08-31 09:01
Iraq Pledges to Support an OPEC Freeze Deal, Shifting Its Stance

EghtesadOnline: Iraq would support a proposal for OPEC and other major oil producers to freeze output at talks in Algeria next month, Prime Minister Haidar Al-Abadi said in Baghdad.
2016-08-31 08:57
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…
2016-08-30 07:30
Iraq Can Crush OPEC's Oil Freeze Believers

EghtesadOnline: When the OPEC nations last met with Russia to agree an output freeze, back in April, it was Saudi Arabia that shot down the deal -- refusing to take part without Iran. This time…
2016-08-29 08:10
Iran’s Oil-Market Share Grab Seen Dimming Hopes for Freeze Talks

EghtesadOnline: Iran’s plan to keep boosting crude production until it regains its OPEC market share is dimming prospects of collective action by major producers to freeze output, according to…
2016-08-29 07:50