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Oil prices fall 2% after Iran rejects output freeze proposal

2016-03-14 01:00:00| Offshore Technology

Oil prices have fallen by around 2% after Iran rejected plans to freeze oil production, hitting an agreement between Russia and Saudi Arabia to curb low global prices.

Tags: prices fall oil output

 

Oil prices decline on Kuwaits comments on output freeze proposal

2016-03-08 01:00:00| Offshore Technology

Oil prices have fallen after OPEC member Kuwait said that it would only agree to an output freeze if all major producers also participate.

Tags: comments prices oil output

 
 

Oil prices fall as rise in US crude stocks counters output freeze plan

2016-03-02 01:00:00| Offshore Technology

Oil prices have dropped below $37 a barrel after an industry report highlighted an increase in crude inventories in the US countered output freeze plan by major oil producers.

Tags: plan prices fall oil

 

Oil prices likely to rise as major producers agree to freeze output

2016-02-19 01:00:00| Offshore Technology

Oil prices have fallen but are expected to increase soon after four oil producers, including Russia, Saudi Arabia, Qatar, and Venezuela agreed to freeze output levels.

Tags: to major prices agree

 

Oil prices rise as Iran voices support to freeze output

2016-02-18 01:00:00| Offshore Technology

Oil prices have increased towards $35 a barrel and added a 7% rise in the previous session after Iran expressed support for production freezing plans proposed by Russia and Saudi Arabia at January levels.

Tags: support prices oil output

 

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