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Oil prices steady at around $50 following OPEC decision to cut output
2016-12-01 01:00:00| Offshore Technology
Oil prices have reached $50 per barrel on after OPEC decided to cut production at its meeting in Vienna held yesterday.
Oil prices grow over hopes of production cut
2016-11-30 01:00:00| Offshore Technology
Oil prices have risen by 7% as producers meet in Vienna today and may reach a deal on reducing oil production to support prices.
Tags: prices
production
cut
oil
Oil prices fall on doubts over OPEC production cut decision
2016-11-29 01:00:00| Offshore Technology
Oil prices have fallen amid increasing concerns that prominent fuel exporters may not reach an agreement to reduce oil output in the meeting scheduled for tomorrow.
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fall
production
decision
Oil prices gain over prospects of production cuts
2016-11-28 01:00:00| Offshore Technology
Oil prices have recovered after dropping by around 2% in early trading as the market is struggling with prospects that major producers will agree to production cuts to control the global glut.
Tags: prices
production
gain
oil
Oil prices remain static on uncertainty over OPEC-led output cut
2016-11-24 01:00:00| Offshore Technology
Oil prices have remained unchanged due to doubts ahead of a planned crude production cut by the Organization of the Petroleum Exporting Countries (OPEC) members.
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