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ReutersOil edges higher on optimism over non-OPEC output cutsReutersLONDON Oil prices edged higher for a second consecutive session on Friday on hopes that non-OPEC producers meeting in Vienna would agree to cut output to bolster the group's own agreem
Admin 09.12.2016 0 80

ReutersOil extends gains on hopes for non-OPEC output cutsReutersKazakhstan may offer to freeze its oil output at last month's level at the talks between OPEC and non-OPEC producers in Vienna, Kazakh Energy Minister Kanat Bozumbayev said on Friday. &qu
Admin 09.12.2016 0 91

The Economy Needs Higher Oil Prices – Goldman SachsOilPrice.comOPEC is closing in on a deal to cut production, which will surely cause oil prices to rise. Oil is already almost back to $50 per barrel, so cuts of nearly 1 million barrels per day could boost
Admin 25.11.2016 0 92

The EconomistThe future of oilThe EconomistOil has changed history. The past 100 years have been pockmarked with oil wars, oil shocks and oil spills. And even in the 21st century its dominance remains entrenched. It may have sped everything else up, but th
Admin 25.11.2016 0 90

The EconomistA tricky time for oil producersThe EconomistSOME CALL IT “Texarabia”. In Midland, West Texas, every bare 40-acre plot of land appears to have a pumping unit on it, drawing oil from the shale beds of the Permian Basin up to 12,000 feet (3,700 m
Admin 25.11.2016 0 79

ReutersOil prices edge up ahead of OPEC meeting to discuss output cutsReutersLONDON 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 it
Admin 25.11.2016 0 98

ReutersOil prices steady ahead of OPEC meeting to discuss output cutsReutersRussia could revise down its 2017 oil production plans if a global output freeze comes into force, effectively cutting output by 200,000-300,000 barrels per day (bpd), Energy Minis
Admin 24.11.2016 0 107

ReutersOil down for day on strong dollar, up for week on OPEC hopeReutersNEW YORK Oil prices were down slightly on Friday, weighed by a stronger dollar and oversupply concerns, but expectations for a cut in production from OPEC had Brent and U.S. crude on
Admin 19.11.2016 0 90

ReutersOil down on firmer dollar, set for weekly gain on OPEC hopesReutersRussian Energy Minister Alexander Novak said after meeting OPEC members he was more confident an output deal could be reached between Moscow and the group to help to boost oil prices
Admin 19.11.2016 0 83

ReutersOil set for first weekly gain in five on OPEC deal optimismReutersOPEC member countries have proposed Iran cap its oil output at 3.92 million barrels per day (bpd) under a production-limiting deal for the whole group, a source familiar with the prop
Admin 18.11.2016 0 77