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Oil prices fall as doubts over OPECs ability to rebalance market increases

2017-08-09 01:00:00| Offshore Technology

Oil prices have declined as doubts over OPECs capacity to curb crude supplies strengthen, completely negating the gains received from the reports of a drop in US oil inventories.

Tags: market prices fall ability

Oil prices decline as doubts grow over OPECs supply cuts

2017-06-15 01:00:00| Offshore Technology

Oil prices have slipped to six-week lows due to high global inventories and increasing doubts over OPEC's ability to comply with the agreed output cuts.

Tags: prices supply oil grow

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

Oil prices rise slightly as doubts persist over OPEC's surplus curb plan

2016-11-23 01:00:00| Offshore Technology

Oil prices have increased marginally but gains were largely restricted due to investors being still apprehensive about OPEC's decision to curb excess oil production in its meeting scheduled next week.

Tags: plan prices oil slightly