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Page 42 - Opec

Saudi Arabia hits new oil output record in Nov amid OPEC cut talk

Saudi Arabia has pledged to reduce its output to 10.058 million bpd as part of an Opec deal reached on Nov 30

Saudi Arabia hits new oil output record in Nov amid OPEC cut talk
Updated On : 12 Dec 2016 | 2:40 AM IST

OPEC, Russia see smooth road to global deal on output cut

OPEC producers Iraq, Kuwait and the United Arab Emirates have also told buyers of their crude about planned reductions

OPEC, Russia see smooth road to global deal on output cut
Updated On : 11 Dec 2016 | 2:14 AM IST

Opec move to cut production may adversely affect India

Global commodity prices saw a dip but then started to rise after the global financial crisis

Opec move to cut production may adversely affect India
Updated On : 06 Dec 2016 | 4:15 PM IST

Why OPEC's squeeze on oil prices is getting weaker all the time

Recently, OPEC took decision to cut oil production for the first time in eight years

Why OPEC's squeeze on oil prices is getting weaker all the time
Updated On : 06 Dec 2016 | 10:42 AM IST

Stable oil market vital for India, says Opec

Initiates bilateral talks with consumers like India, China and Russia

Stable oil market vital for India, says Opec
Updated On : 06 Dec 2016 | 12:34 AM IST

Electric vehicles could take an OPEC-sized bite from oil demand

That's more conservative than Bloomberg New Energy Finance's forecast for EVs to displace about 8 million barrels a day of demand by 2035

Electric vehicles could take an OPEC-sized bite from oil demand
Updated On : 03 Dec 2016 | 10:07 PM IST

Oil steadies after Opec decision prompts big weekly rally

The market focus now shifts to the implementation and impact of Opec's first production agreement since 2008

Oil steadies after Opec decision prompts big weekly rally
Updated On : 03 Dec 2016 | 12:29 AM IST

Mastermind: How Putin got Saudi Arabia and Iran to agree on an Opec deal

Russian President Vladimir Putin was the mediator who played a crucial role

Mastermind: How Putin got Saudi Arabia and Iran to agree on an Opec deal
Updated On : 02 Dec 2016 | 9:19 AM IST

Bear operators trapped after Opec's first joint oil cut

Large Indian traders have started covering short positions and have reduced their open interest significantly

Bear operators trapped after Opec's first joint oil cut
Updated On : 02 Dec 2016 | 12:03 AM IST

No impact of Opec cut on India, say experts

A global crude oil price of $50-55 a barrel is comfortable for India

No impact of Opec cut on India, say experts
Updated On : 01 Dec 2016 | 11:59 PM IST

Oil prices hold gains after surge on Opec output deal

Crude oil prices rose more than 1% on Thursday, building on big gains made after Opec and Russia agreed to restrict production

Oil prices hold gains after surge on Opec output deal
Updated On : 01 Dec 2016 | 6:42 PM IST

Oil, dollar and bond yields sharply higher after OPEC deal

US crude oil soared more than 9% overnight to a one-month high just shy of $50.00 a barrel

Oil, dollar and bond yields sharply higher after OPEC deal
Updated On : 01 Dec 2016 | 8:32 AM IST

Opec agrees to cut output as Saudis soften stance on Iran

The country had previously pushed for special consideration, citing the urgency of its offensive against Islamic State

Opec agrees to cut output as Saudis soften stance on Iran
Updated On : 01 Dec 2016 | 1:34 AM IST

Oil jumps 8% on prospects for big Opec output cut

Brent crude futures for delivery in January were up $3.83, or 8.3%, while US West Texas Intermediate crude futures were $3.63 higher at $48.86 a barrel

Oil jumps 8% on prospects for big Opec output cut
Updated On : 30 Nov 2016 | 6:54 PM IST

Oil jumps 5% on prospects for OPEC output cut

Brent crude futures rose $2.72 on the day to $49.10 per barrel

Oil jumps 5% on prospects for OPEC output cut
Updated On : 30 Nov 2016 | 3:58 PM IST

Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting

Iran has argued it wants to raise production to regain market share lost under Western sanctions

Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting
Updated On : 29 Nov 2016 | 4:29 PM IST

Oil prices dip on scepticism ahead of OPEC meeting

International Brent crude oil futures were trading at $47.99 per barrel down 0.5%

Oil prices dip on scepticism ahead of OPEC meeting
Updated On : 29 Nov 2016 | 10:26 AM IST

OPEC makes last-ditch bid to save oil deal as tensions grow

In September, OPEC, agreed to cap output at around 32.5-33.0 million barrels per day

OPEC makes last-ditch bid to save oil deal as tensions grow
Updated On : 28 Nov 2016 | 4:12 PM IST

Oil may rise to $55 if all producers cooperate

We are receiving positive signals that increase the likelihood of agreement at the meeting, says Bijan Zanganeh

Oil may rise to $55 if all producers cooperate
Updated On : 19 Nov 2016 | 11:51 PM IST

Oil down 2% on Opec glut worries, US rigs up by two

The Opec said that its output rose to 33.64 million bpd last month, up 240,000 bpd from September

Oil down 2% on Opec glut worries, US rigs up by two
Updated On : 12 Nov 2016 | 4:55 AM IST