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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.
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.
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.
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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