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BloombergIran Boosting Oil Production in Possible Hitch to OPEC DealBloombergThe Persian Gulf nation will raise production from 3.89 million barrels a day currently, Ali Kardor, managing director of National Iranian Oil Co., said Monday at a conference in
Admin 17.10.2016 0 64

The Sydney Morning HeraldFED:Commodity, oil prices boost $AThe Sydney Morning HeraldThe Australian dollar has risen against the greenback on stronger oil and commodity prices. At noon on Monday, the local unit was trading at 75.97 US cents, up from 75.77 c
Admin 17.10.2016 0 62

BloombergRussia's Mega India Oil Deal Takes Turf War to Mideast BackyardBloombergRosneft PJSC is part of a group of investors that beat suitors from Saudi Arabia and Iran to buy Essar Oil Ltd.'s Vadinar refinery, India's second-biggest, in a de
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BloombergRussian Mega India Deal Takes Oil Battle to Mideast BackyardBloombergRosneft PJSC is part of a group of investors that beat suitors from Saudi Arabia and Iran to buy Essar Oil Ltd.'s Vadinar refinery, India's second-biggest, in a deal anno
Admin 17.10.2016 0 80

BloombergOil Speculators Most Bullish Since '14 After Wild Two MonthsBloomberg"Since the summer we've had big moves in net length," said Mike Wittner, head of oil-market research at Societe Generale SA in New York. "It usually has tr
Admin 17.10.2016 0 70

BloombergRussians and Saudis Pledge Joint Effort to Limit Oil ProductionBloombergCoordinated output curbs by Russia and the Organization of Petroleum Exporting Countries, who together pump about half the world's oil, could boost fuel prices for consume
Admin 11.10.2016 0 87

BloombergSaudi Minister Says Oil at $60 by Year-End Not 'Unthinkable'BloombergThe world's largest crude exporter will work with other producers to determine output caps and is “optimistic” about reaching a deal by the end of November, although
Admin 10.10.2016 0 79

Bloomberg'Wall of Supply' to Block Oil Rally at $55, Goldman Sachs SaysBloombergGlobal oil markets are set to remain “very oversupplied” in 2017 amid the return of disrupted output in Nigeria and Libya, resilient U.S. shale production and the start
Admin 05.10.2016 0 79

BloombergOil Tankers Piling Up in North Sea Highlight Glut Facing OPECBloombergThe Organization of Petroleum Exporting Countries is trying to prop up oil prices despite signs that a worldwide supply surplus isn't getting any better. The group is now ir
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Financial TimesOpec deal: How Riyadh and Tehran poured oil on troubled watersFinancial TimesBut at a marble-halled conference centre on the outskirts of Algiers that is a legacy of the $100 a barrel oil era, there was an unexpected sign of conviviality thi
Admin 01.10.2016 0 115