Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print

Latest Articles in opec

Oil Prices Slide On Profit-Taking After Two-Day Jump

Brent and US crude are on course for a weekly gain of around 7 per cent, prompting investors to take profits in the Asian trading session

Read More

OPEC Agrees Modest Oil Output Curbs In First Deal Since 2008

Many traders said they were impressed OPEC had managed to reach a compromise after years of wrangling but others said they wanted to see the details

Read More

Rupee's Good Run Continues, Gains 3 Paise Against Dollar

Forex dealers said that besides persistent selling of the American currency by exporters and banks, the dollar's weakness against peers overseas supported the rupee

Read More

Oil Climbs After Industry Data Shows US Inventory Draw

Even if Riyadh and Tehran reach an agreement on adjusting output levels, OPEC will still have to contend with the ambitions of other members to boost their output

Read More

Oil Prices Rebound After Algeria Says All Options Open At OPEC Meeting

This comes after prices tumbled 4 per cent on Friday amid signs Saudi Arabia and Iran were making little progress in achieving preliminary agreement to freeze production

Read More

Saudis Offer Oil Cut For OPEC Deal If Iran Freezes Output

Riyadh is ready to cut output to levels seen early this year in exchange for Iran freezing production at the current level, which is 3.6 million barrels per day

Read More

OPEC In New Push To Clinch First Deal To Curb Output Since 2008

Saudi Arabia and Iran, arch-rivals in oil markets and in politics, are sending conciliatory signals that they want to work together, along with Russia which is involved in talks although not a member of OPEC

Read More

Oil Bet Gone Wrong: Rusting Tankers And Rigs Clog Up Asian Waters

The fleet of mothballed giant vessels anchored around Southeast Asian waters is the physical fallout of an oil downturn heading into its third year, and a stark reminder of how badly the industry miscalculated market conditions

Read More

Oil Slips As Venezuela Says Market Is 10 Per Cent Oversupplied

Global oil supply of 94 million barrels per day needs to fall by about a tenth if it is to match consumption, Venezuela's Oil Minister Eulogio Del Pino said

Read More

Oil Climbs As Venezuela Sees Output Deal, Libya Suffers Clashes

Clashes in Libya have halted the loading of the first oil cargo from the port of Ras Lanuf in close to two years, while also raising fears of a new conflict over Libya's oil resources

Read More

India's Iran Oil Imports Surge To Highest In At Least 15 Years In August

The August imports from Iran are likely a record although reliable data is available only back to 2001

Read More

Oil Falls 4 Per Cent; US Crude Draw Seen As Glitch

Analysts and traders keep debating how effective a deal would be to limit supply should OPEC and non-OPEC producers agree when they meet informally in Algeria on Sept. 26-28

Read More

Saudi Arabia, Russia Sign Oil Pact, May Limit Output In Future

Russian Energy Minister Alexander Novak said the two countries were moving toward a strategic energy partnership and that a high level of trust would allow them to address global challenges

Read More

World Oil Prices Rise On Putin Remarks

OPEC is scheduled to convene late this month in Algeria and oil prices have fluctuated on speculation that the cartel could agree to limit supply

Read More

Tired Of Cheap Oil, Saudis Eye Price Boost To Drive Aramco IPO

The change in tone comes as OPEC and other producers such as Russia may resume talks on stabilising output when they meet in Algeria later this month, after a similar effort to boost oil prices collapsed in April due to Saudi-Iranian tensions

Read More