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Oil prices remain steady as supply glut tempers hopes of OPEC deal to limit output

2016-11-17 01:00:00| Offshore Technology

Oil prices have remained steady as expectations of a deal by the Organisation of the Petroleum Exporting Countries (OPEC) to freeze production were balanced by increasing evidence of heavy oversupply and rising stocks.

Tags: prices supply deal limit

 

Oil prices rise as OPEC members may renew efforts to cut output

2016-11-16 01:00:00| Offshore Technology

Oil prices have edged-up after the Organization of the Petroleum Exporting Countries (OPEC) members were set to renew efforts to implement an output freeze deal.

Tags: members prices cut efforts

 
 

Oil prices drop as hopes of output cut by OPEC remains faint

2016-11-14 01:00:00| Offshore Technology

Oil prices remain low due to the chances decreasing of an agreement within OPEC to cut output.

Tags: prices cut remains oil

 

Oil prices drop as Iraq rejects joining OPEC output freeze

2016-10-24 01:00:00| Offshore Technology

Oil prices have fallen after Iraq refused to participate in the deal proposed by the Organisation of the Petroleum Exporting Countries (OPEC) to freeze production.

Tags: prices oil drop output

 

Oil price lifted by Russia backing Opec production freeze

2016-10-10 18:25:56| BBC News | Business | UK Edition

The price of Brent crude oil has risen 2.5% after Russia said it would back Opec's plan to cut production to boost prices

Tags: price production oil russia

 

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