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Oil Trades Near 5-Year Low as OPEC Seen Resisting Cuts at $40

2014-12-15 15:32:21| Energy - Topix.net

Brent futures fluctuated in London after falling 2.9 percent on Dec. 12 to cap a third weekly drop. The market will stabilize itself and OPEC will wait at least three months before considering an emergency meeting, U.A.E. Energy Minister Suhail Al-Mazrouei said.

Tags: at low oil cuts

 

Oil Trades Near 5-Year Low as OPEC Seen Resisting Cuts at $40

2014-12-15 11:21:14| Oil & Gas - Topix.net

Brent futures fluctuated in London after falling 2.9 percent on Dec. 12 to cap a third weekly drop. The market will stabilize itself and OPEC will wait at least three months before considering an emergency meeting, U.A.E. Energy Minister Suhail Al-Mazrouei said.

Tags: at low oil cuts

 
 

Opec stresses no oil production cut

2014-12-14 15:59:38| BBC News | Business | UK Edition

The head of Opec reiterates that the oil producers' cartel will not try to shore up plunging oil prices by reducing production.

Tags: production cut oil stresses

 

Oil price tumbles after OPEC releases 2015 forecast

2014-12-11 11:55:33| Green Car Congress

Tags: price releases oil forecast

 

Oil Drops as Deeper OPEC Discounts Signal Fight for Market Share

2014-12-09 13:37:26| Oil & Gas - Topix.net

Brent and West Texas Intermediate fell to a five-year low as Iraq followed Saudi Arabia in cutting prices for crude sales to Asia, adding to signs that OPEC's biggest members are defending market share. Futures dropped as much as 1.4 percent in London to the weakest intraday price since September 2009.

Tags: share market oil fight

 

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