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About 1307 results for "opec"

Oil surges after OPEC opens door to finding a 'fair' price
Melbourne Age

Oil surges after OPEC opens door to finding a 'fair' price

OPEC, the producer of 40 per cent of the world's oil, renewed its readiness to talk to other crude exporters to achieve "fair and reasonable prices", according to the group's monthly magazine. Oil jumped to the highest in a month on the report. ... Melbourne Age, 1 hour ago
NewsMax.com

Oil Jumps to One-Month High as OPEC Ready to Talk to Producers

Oil capped the biggest three-day gain in 25 years after OPEC said it's ready to talk to other global producers to achieve fair prices and the U.S. government reduced its crude output estimates. Crude traded in New York surged 27 percent in three ...
 NewsMax.com32 minutes ago OPEC concerned by oil drop  CNBC5 hours ago OPEC worried by oil drop, ready to talk to producers  CNBC5 hours ago OPEC's Sinking Oil Prices: Russia's Putin And Venezuela's Maduro To Discuss 'Possible Next Steps'  International Business Times2 hours ago
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Reuters

Oil surges on lower U.S. output, OPEC talk; biggest bounce since 1990

NEW YORK (Reuters) - Oil soared on Monday for a third consecutive day, with Brent crude rising more than 8 percent, as a downward revision of U.S. output data and OPEC's readiness to talk with other producers helped extend the biggest price surge in 25 years.
 Reuters17 hours ago Oil surges on lower US output, OPEC talk; biggest bounce since 1990  Channel NewsAsia24 minutes ago Oil up 8 percent on lower U.S. output, OPEC talk; biggest surge since 1990  4 Traders14 minutes ago Oil prices edge up after 5 per cent fall amid high production, weak outlook  Economic Times3 weeks ago
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Channel NewsAsia

US crude oil soars 8.8% on lower US output, OPEC signal

The department's Energy Information Administration said the changes were made after it expanded the data included in its regular survey of output. US production had been running at record levels since the beginning of the year, exacerbating the global ...
 Economic Times23 minutes ago US crude oil soars 8.8% to $49.20 a barrel (AFP)  Yahoo! News Australia1 hour ago
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OPEC concerned by drop in oil prices, ready to talk to other producers

OPEC has refused to cut its own output without help from outside producers such as Russia, which have also declined to lower supply. LONDON: OPEC is concerned by the drop in oil prices - trading near multi-year lows - and is ready to talk to other producers, ...
 Economic Times3 hours ago
4 Traders

Oil rallies sharply on lower U.S. production, OPEC concerns

Oil prices rallied sharply on Monday, erasing earlier losses on data showing contracting U.S. production and OPEC willingness to talk with other producers about falling prices. Crude futures rebounded after retreating early Monday on concerns ...
 4 Traders3 hours ago Oil rallies sharply on lower US production, Opec concerns  Gulf Times3 hours ago
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Islamic Republic News Agency

Zanganeh: Iran not to give up quota in OPEC, share in world market

Tehran, Aug 27, IRNA Oil Minister Bijan Namdar Zangeneh said on Wednesday that Iran will not give up its quota in OPEC and its share in
 Islamic Republic News Agency4 days ago Iran finishes 2nd in 2015 Cadet World Greco-Roman Wrestling Championships  Islamic Republic News Agency4 days ago Iran says not to give up quota in OPEC, share in world market  Today.Az4 days ago
Moneyweb

For OPEC, the painful oil slump will bring gains in 2016

While OPEC's fight to snatch market share from rival oil producers might look like a costly failure as prices languish below $50 a barrel, an entirely different picture could emerge next year. Supplies outside OPEC are expected to contract in 2016 ...
 Moneyweb3 days ago For OPEC, this year's painful oil slump will bring gains in 2016  SweetCrude Reports23 hours ago
Inter Press Service

OPEC Fund Supports UNIDO in Latin America

Development & Aid , Economy & Trade , Food & Agriculture , Headlines , IPS UN: Inside the Glasshouse , Latin America & the Caribbean VIENNA, Aug 27 2015 (IPS) - The OPEC Fund for International Development (OFID) has agreed to give the United ...
 Inter Press Service4 days ago
Trade Arabia

Lessons from oil's 'lost decade'

Saudi Arabia and its Opec allies are counting on strong growth in demand coupled with slower growth in non-Opec supply to rebalance the oil market in 2016. But the experience of the "lost decade" after prices slumped in 1986 suggests rebalancing ...
 Trade Arabia5 days ago Lessons from the oil market  Trade Arabia6 days ago
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