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Tag: output rise
Oil prices remain stable as OPEC output cut balances rise in US production
2017-02-07 01:00:00| Offshore Technology
Oil prices remained stable as lower crude production from OPEC countries balanced the increase in US shale production.
Tags: us
prices
production
cut
Oil prices rise over OPEC-led output freeze proposal
2016-11-21 01:00:00| Offshore Technology
Oil prices have increased around 1% due to the Organisation of the Petroleum Exporting Countries (OPEC) being close to an output cut to curb the global supply glut that has pressured prices for more than two years.
Oil prices rise after OPEC members plan output cut
2016-08-16 01:00:00| Offshore Technology
Oil prices have increased as the market signalled optimism over potential action by Organisation of the Petroleum Exporting Countries (OPEC) members to freeze output in order to sustain the market.
Oil prices rise as International Energy Agency hints on non-OPEC output cuts in 2016
2016-04-21 01:00:00| Offshore Technology
Oil prices have increased after the International Energy Agency (IEA) announced that non-OPEC production will drop in 2016 and rebalance the over supplied market.
Tags: international
prices
energy
oil
Oil prices rise as crude output declines due to strike by Kuwaiti workers
2016-04-19 01:00:00| Offshore Technology
Oil prices have increased following a fall in crude production due to a strike by oil workers in Kuwait.