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Brent crude oil steadies at $99 on hopes of OPEC output cut

2014-09-17 01:00:00| Offshore Technology

The price of Brent crude oil has steadied at $99 per barrel on Wednesday on expectations that the Organization of the Petroleum Exporting Countries (OPEC) may cut the 2015 output.

Tags: cut oil output hopes

 

Oil falls below $106 on increased OPEC oil output

2014-07-31 01:00:00| Offshore Technology

Brent crude fell below $106 a barrel today on increased oil output from the Organization of the Petroleum Exporting Countries (OPEC).

Tags: increased oil output falls

 
 

Oil prices rise as OPEC predicts stronger demand outlook

2014-03-13 01:00:00| Offshore Technology

Oil prices rose today as OPEC raised its 2014 global oil demand growth forecast for a second consecutive month.

Tags: prices oil rise demand

 

OPEC Refuses to Fear America's Oil Boom When It Clearly Should

2014-01-06 10:01:21| Oil & Gas - Topix.net

According to a recent article in Bloomberg , three of OPEC's top producers have again rejected the idea that the organization needs to cut oil production in 2014.

Tags: should oil fear boom

 

North American Shale To Exceed Most OPEC Nations Output In 2015

2013-12-18 15:45:00| OGI

Crude output from shale will increase globally by the end of 2040, led by explorers in the U.S., Canada and Russia.

Tags: north american output exceed

 

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