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Page 43 - Opec

OPEC's job has just become tougher with Trump win

Oil prices fell almost 4% early on Wednesday but recovered to trade up slightly at around $46 per barrel

OPEC's job has just become tougher with Trump win
Updated On : 09 Nov 2016 | 5:51 PM IST

OPEC says climate effort won't quench oil thirst

The report comes as nations reassemble to discuss how to make good on their promises to cut planet-warming greenhouse gases following the entry into force last Friday of a worldwide pact to battle global warming

OPEC says climate effort won't quench oil thirst
Updated On : 09 Nov 2016 | 3:09 PM IST

Saudis could raise oil output again as sparring with Iran returns: Sources

Clashes between the two Opec heavyweights, which are fighting proxy wars in Syria & Yemen, have become frequent in recent years

Saudis could raise oil output again as sparring with Iran returns: Sources
Updated On : 05 Nov 2016 | 2:53 AM IST

Opec oil output hits new record on Nigeria, Libya: Survey

Oil, which rallied to a 2016 high near $54 a barrel following the decision, has since slipped towards $48

Opec oil output hits new record on Nigeria, Libya: Survey
Updated On : 01 Nov 2016 | 2:08 AM IST

Opec officials approve group's delayed long-term strategy: Sources

As its members are making progress in ironing out differences over how and when to manage production levels and, ultimately, oil prices

Opec officials approve group's delayed long-term strategy: Sources
Updated On : 01 Nov 2016 | 12:58 AM IST

Asia's Sept imports of Iranian oil rise 73% from year ago

Japan's trade ministry on Monday releases official data showing its imports rose 80% from a year earlier to nearly 313,000 bpd in September

Asia's Sept imports of Iranian oil rise 73% from year ago
Updated On : 31 Oct 2016 | 6:23 PM IST

Non-OPEC and OPEC nations meet for oil talks

Only the representative of non-OPEC Azerbaijan made comments supportive of the need for producer action to help prop up prices

Non-OPEC and OPEC nations meet for oil talks
Updated On : 29 Oct 2016 | 8:59 PM IST

OPEC meets non-OPEC nations for oil talks, Russia still on board

For an OPEC plan to reduce output one day after OPEC members were unable to agreed on how to implement the deal

OPEC meets non-OPEC nations for oil talks, Russia still on board
Updated On : 29 Oct 2016 | 8:44 PM IST

OPEC officials debate thorny issue of how to implement supply cut

The deal faces potential setbacks from Iraq's call for it to be exempt and from countries

OPEC officials debate thorny issue of how to implement supply cut
Updated On : 28 Oct 2016 | 9:33 PM IST

Russia, Qatar, Opec discuss possible action to shore up oil market

Similar to Russia, low oil price impacts budget of all Opec countries

Russia, Qatar, Opec discuss possible action to shore up oil market
Updated On : 25 Oct 2016 | 3:25 AM IST

Saudi Arabia looks to Russia to boost non-OPEC cooperation

The goal is to cut production to a range of 32.50-33.0 million barrels per day

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Updated On : 23 Oct 2016 | 5:55 PM IST

Rising oil output gives Russia edge in Opec talks

Russian officials emphasise the nation's ability to keep increasing record output to even loftier heights

Rising oil output gives Russia edge in Opec talks
Updated On : 22 Oct 2016 | 11:23 PM IST

Global shares edge lower, $ firms before Fed minutes

Oil retreats after Opec reports output at 8-year high

Global shares edge lower, $ firms before Fed minutes
Updated On : 13 Oct 2016 | 1:09 AM IST

Fighting OPEC only for the 'brave,' says oil bull Hall

OPEC declined to cut output 2 years ago after oil breached $100 a barrel, instead letting the biggest oil market collapse in a generation happen as the price plunged

Fighting OPEC only for the 'brave,' says oil bull Hall
Updated On : 09 Oct 2016 | 1:29 PM IST

Oil breaks above $50 a barrel as investors warm to OPEC deal

OPEC's oil output is likely to reach 33.60 million bpd in September from a revised 33.53 million bpd in August

Oil breaks above $50 a barrel as investors warm to OPEC deal
Updated On : 03 Oct 2016 | 6:42 PM IST

The OPEC surprise

New Delhi must anticipate effects of higher oil prices

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Updated On : 02 Oct 2016 | 9:41 PM IST

Why OPEC's attempt at cartelisation may not work this time

Even if the countries follow the discipline of cutting production, oil market has expanded well beyond OPEC's control

Why OPEC's attempt at cartelisation may not work this time
Updated On : 30 Sep 2016 | 8:26 AM IST

Oil prices slip as scepticism over OPEC deal grows

Analysts believed a cut in OPEC production would have little effect if non-OPEC output continued to surge

Oil prices slip as scepticism over OPEC deal grows
Updated On : 29 Sep 2016 | 6:35 PM IST

Saudi Arabia soften oil stance on Iran but OPEC deal still elusive

Saudi Energy Minister Khalid al-Falih said on Tuesday Iran, Nigeria and Libya would be allowed to produce at maximum levels that make sense

Saudi Arabia soften oil stance on Iran but OPEC deal still elusive
Updated On : 28 Sep 2016 | 6:01 PM IST

Saudi energy minister dashes hopes for OPEC deal in Algeria

Oil prices have more than halved from 2014 levels due to oversupply, prompting OPEC producers and rival Russia to seek a market rebalancing

Saudi energy minister dashes hopes for OPEC deal in Algeria
Updated On : 27 Sep 2016 | 3:00 PM IST