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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.

Tags: to prices decision cut

 

Oil jumps as Opec tries to reach production cut deal

2016-11-30 12:25:29| BBC News | Business | UK Edition

The price of oil jumps as an Opec meeting tries to hammer out a production cut agreed in September.

Tags: production deal cut reach

 
 

Saudi Arabia asks Opec to cut world oil supply

2016-11-30 01:17:48| BBC News | Business | UK Edition

Opec could cut crude oil output by a million barrels a day, if Saudi Arabia gets its way this week.

Tags: world supply cut oil

 

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.

Tags: prices fall production decision

 

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