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Oil slips on China data, rising Opec supplyOil prices fell for a second session in Asian trade on Tuesday as worries about top energy consumer China and rising oil supply weighed on markets, although possible talks between Opec and Russia on output cuts offered some support. More… |
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Oil slips on China data, rising Opec supplyOil prices fell for a second session in Asian trade on Tuesday as worries about top energy consumer China and rising oil supply weighed on markets, although possible talks between Opec and Russia on output cuts offered some support. More… |
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Opec November oil output rises, led by Iraq, SaudiOpec oil output has risen in November from the previous month, a Reuters survey found on Monday, led by a rebound in Iraqi exports after bad weather had temporarily halted supply growth from the group's second-largest producer. More… |
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Opec sees higher demand for its oil in 2016Opec on Monday predicted higher demand for its crude oil next year, sticking to its view that a strategy of letting prices fall will curb supply from the US and other rival producers. The monthly report from the Organization of th More… |
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Opec monthly output up 120,000 bpd in JulyOil production from the Organisation of the Petroleum Exporting Countries (Opec) totalled 31.4 million barrels per day (bpd) in July, up 120,000 bpd from the June level of 31.28 million bpd, a report said. Kingpin producer Saudi A More… |
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Opec monthly output up 120,000 bpd in JulyOil production from the Organisation of the Petroleum Exporting Countries (Opec) totalled 31.4 million barrels per day (bpd) in July, up 120,000 bpd from the June level of 31.28 million bpd, a report said. Kingpin producer Saudi A More… |
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Oil hits multi-month lows on record Opec outputOil extended losses on Monday on worries of oversupply as the Organization of the Petroleum Exporting Countries (Opec) pumped at record levels in July, while weak China data stoked concerns about slower growth at the world's second largest o More… |
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Oil up 2pc after early swings on dollar, OpecOil staged its first rally in three days on Friday, gaining 2 per cent, despite warnings of more oversupply as a result of Opec's decision to keep pumping crude without restraint. A strong dollar, which often depresses commodi More… |
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Oil trades below $80 as hopes of big Opec cut fadeBrent crude oil prices started Tuesday's Asian trading under $80 a barrel as traders lowered their expectation of a significant output cut by oil producers' club Opec. Oil ministers from the Organization of Petroleum Expor More… |
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Oil gains on Opec production cut talkUS crude futures rose by almost $2 and Brent by more than $1 on Tuesday on the prospect of a production cut by Opec as well as on a weakening dollar and news that Libya had curbed output after rockets hit an area near a refinery. More… |
