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Oil Prices

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OPEC to hold emergency meeting if oil prices fail to recover

16/12/2015(0)
The Organization of Petroleum Exporting Countries (OPEC) will hold urgent talks, if crude prices don’t recover by February, according to OPEC president and Nigeria’s oil minister Emmanuel Kachikwu. “It ... Read More
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Asian stocks stabilize as oil prices try to recover

15/12/2015(0)
Asian shares tried to stabilize early Tuesday as jitters about the high-yield bond market receded and oil prices recovered slightly, a reprieve from deep selling across the region a ... Read More
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Oil dips below $37 as OPEC pumps most in three years

11/12/2015(0)
Oil fell below $37 a barrel on Thursday, after new data showed OPEC is still pumping like there is no tomorrow. The mighty oil cartel produced 31.7 million barrels ... Read More
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Cheap oil makes UAE an attractive place to invest, says ADFG chief

10/12/2015(0)
Abu Dhabi Financial Group is targeting a series of investments in the UAE, according to Jassim Alseddiqi, the investment firm’s chief executive, as lower oil prices make investments financially ... Read More
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Shale Doesn’t Swing Oil Prices—OPEC Does

10/12/2015(0)
The oil cartel is still influential, and American shale can’t replace the world’s true “swing” producer. The breathtaking crash in oil prices has generated a new conventional wisdom: America’s ... Read More
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Asian markets trade lower, China bucks trend on IPO reform news

10/12/2015(0)
Chinese stocks bucked a generally downward trend in Asian markets on Thursday to trade in positive territory after news broke that Beijing will finally introduce much-need IPO reforms. Oil ... Read More
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Brent Crude Falls; Oil Prices End at Nearly Seven-Year Lows

09/12/2015(0)
Prices hit fresh seven-year lows on expectations that U.S. crude inventories rose Brent crude dipped below $40 a barrel Tuesday in a selloff that has raised a worrisome possibility: ... Read More
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Opec bid to kill off US shale sends oil price down to 2009 low

08/12/2015(0)
Oil falls by $2 a barrel with energy shares as Opec refusal to stop flooding the market with cheap oil and likely US rate hike sends Brent crude tumbling ... Read More
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OPEC 168th Meeting concludes

07/12/2015(0)
The 168th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Friday, 4th December 2015 under the Chairmanship of ... Read More
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Saudi Arabia, Allies Willing to Cut Oil Production If Others Follow

03/12/2015(0)
Divisions emerge ahead of a contentious OPEC meeting on Friday Saudi Arabia and its Persian Gulf allies are willing to pull back oil output as crude prices skidded further ... Read More
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