Tag: Oil Production
Doha Oil Freeze Meeting Fails; Oil Price and Stocks Tumble
WTI Crude oil futures gapped more than 4.5 percent in early Asian trading session on Monday. The decline in the commodity occurred a few...
Oil production freeze talks in Doha have run into some last-minute...
Oil production freeze talks in Doha between some of the world's largest oil producers have run into some last-minute trouble after Iran announced it...
Iran won’t freeze its oil output even when crude production cut...
A senior Iranian Oil Ministry official says his country won't freeze its oil output but will keep increasing crude exports until it reaches levels...
Saudi Arabia, Russia and two other countries agree on oil production...
Saudi Arabia's oil minister has agreed to freeze oil production at January levels, indicating that the country may be willing to reassess its "lower...
OPEC’s crude oil production cut is still a hint
Oil prices surged last Friday on world markets, following a report in the Wall Street Journal quoting UAE's minister of energy as saying the...
Kuwait ready to cut oil production; HSBC sees price at $45...
Crude slid 2.57% and Brent lost 2.43% both below $30 a barrel on Tuesday, sending renewed shivers through global financial markets. Investors in Asia were back to selling and...
Crude price rebound will start in H2 of 2016, some analysts...
Part of the reason oil is the trade of the year is because it’s going to have such a broad affect, it’s going to...
Valued over $1 trillion Saudi Aramco IPO could go global
As part of a privatization drive, Saudi Arabia is considering an IPO of Saudi Aramco, the world’s biggest crude oil producer, deputy crown price...
Crude price recovery remains long term perspective; Oil production expected to...
The idea that oil prices will bottom out, and a period of retrenchment will begin, isn’t entirely new. Investments in exploration and production are...
UAE Plans to Lift Oil Production Capacity in 2013
The United Arab Emirates plans to raise its oil production capacity to 3 million barrels a day, from the current 2.8 million, during the...
OPEC Oil Production climbs to 31.27 million barrels per day in...
Crude oil output from the Organization of the Petroleum Exporting Countries (OPEC) climbed by 400,000 barrels per day (b/d) to 31.27 million b/d in...
Dubai neither doomed to fail, nor a safe haven
UAE looks better placed than other markets in CEEMEA at the current time.
OPEC likely to increase oil production
OPEC oil ministers are set to hold a regular ministerial meeting in Vienna on June 8, to mull the market’s supply and demand and...
CrossTalk on Oil: Crude Truths
Experts are split is the world really running out of oil and natural gas? The answer to this question may very well determine the...
Will Oil break out of trading Rrange?
Interview and discussion with Edward Morse of the LCM Commodities. He shares his insights on how oil will trade in the future.
Russia becomes world’s biggest oil producer
For decades the world's major oil producers have tried to control prices by cutting or raising supplies, which relied on all of them sticking to agreed quotas.
But unity...
OPEC holds production levels
OPEC has decided not to cut output, despite record levels of crude in inventories and weak demand forecasts, with some cartel members believed to...
Oil Bulls vs. Bears
Inventories at Nineteen Year High and Demand at Eleven Year Low; On the Other Hand, OPEC Has Cut Output and China Raises Demand