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Page 35 - Opec

Bear operators trapped after Opec's first joint oil cut

Large Indian traders have started covering short positions and have reduced their open interest significantly

Bear operators trapped after Opec's first joint oil cut
Updated On : 02 Dec 2016 | 12:03 AM IST

No impact of Opec cut on India, say experts

A global crude oil price of $50-55 a barrel is comfortable for India

No impact of Opec cut on India, say experts
Updated On : 01 Dec 2016 | 11:59 PM IST

Oil prices hold gains after surge on Opec output deal

Crude oil prices rose more than 1% on Thursday, building on big gains made after Opec and Russia agreed to restrict production

Oil prices hold gains after surge on Opec output deal
Updated On : 01 Dec 2016 | 6:42 PM IST

Oil, dollar and bond yields sharply higher after OPEC deal

US crude oil soared more than 9% overnight to a one-month high just shy of $50.00 a barrel

Oil, dollar and bond yields sharply higher after OPEC deal
Updated On : 01 Dec 2016 | 8:32 AM IST

Opec agrees to cut output as Saudis soften stance on Iran

The country had previously pushed for special consideration, citing the urgency of its offensive against Islamic State

Opec agrees to cut output as Saudis soften stance on Iran
Updated On : 01 Dec 2016 | 1:34 AM IST

Oil jumps 8% on prospects for big Opec output cut

Brent crude futures for delivery in January were up $3.83, or 8.3%, while US West Texas Intermediate crude futures were $3.63 higher at $48.86 a barrel

Oil jumps 8% on prospects for big Opec output cut
Updated On : 30 Nov 2016 | 6:54 PM IST

Oil jumps 5% on prospects for OPEC output cut

Brent crude futures rose $2.72 on the day to $49.10 per barrel

Oil jumps 5% on prospects for OPEC output cut
Updated On : 30 Nov 2016 | 3:58 PM IST

Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting

Iran has argued it wants to raise production to regain market share lost under Western sanctions

Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting
Updated On : 29 Nov 2016 | 4:29 PM IST

Oil prices dip on scepticism ahead of OPEC meeting

International Brent crude oil futures were trading at $47.99 per barrel down 0.5%

Oil prices dip on scepticism ahead of OPEC meeting
Updated On : 29 Nov 2016 | 10:26 AM IST

OPEC makes last-ditch bid to save oil deal as tensions grow

In September, OPEC, agreed to cap output at around 32.5-33.0 million barrels per day

OPEC makes last-ditch bid to save oil deal as tensions grow
Updated On : 28 Nov 2016 | 4:12 PM IST

Oil may rise to $55 if all producers cooperate

We are receiving positive signals that increase the likelihood of agreement at the meeting, says Bijan Zanganeh

Oil may rise to $55 if all producers cooperate
Updated On : 19 Nov 2016 | 11:51 PM IST

Oil down 2% on Opec glut worries, US rigs up by two

The Opec said that its output rose to 33.64 million bpd last month, up 240,000 bpd from September

Oil down 2% on Opec glut worries, US rigs up by two
Updated On : 12 Nov 2016 | 4:55 AM IST

OPEC's job has just become tougher with Trump win

Oil prices fell almost 4% early on Wednesday but recovered to trade up slightly at around $46 per barrel

OPEC's job has just become tougher with Trump win
Updated On : 09 Nov 2016 | 5:51 PM IST

OPEC says climate effort won't quench oil thirst

The report comes as nations reassemble to discuss how to make good on their promises to cut planet-warming greenhouse gases following the entry into force last Friday of a worldwide pact to battle global warming

OPEC says climate effort won't quench oil thirst
Updated On : 09 Nov 2016 | 3:09 PM IST

Saudis could raise oil output again as sparring with Iran returns: Sources

Clashes between the two Opec heavyweights, which are fighting proxy wars in Syria & Yemen, have become frequent in recent years

Saudis could raise oil output again as sparring with Iran returns: Sources
Updated On : 05 Nov 2016 | 2:53 AM IST

Opec oil output hits new record on Nigeria, Libya: Survey

Oil, which rallied to a 2016 high near $54 a barrel following the decision, has since slipped towards $48

Opec oil output hits new record on Nigeria, Libya: Survey
Updated On : 01 Nov 2016 | 2:08 AM IST

Opec officials approve group's delayed long-term strategy: Sources

As its members are making progress in ironing out differences over how and when to manage production levels and, ultimately, oil prices

Opec officials approve group's delayed long-term strategy: Sources
Updated On : 01 Nov 2016 | 12:58 AM IST

Asia's Sept imports of Iranian oil rise 73% from year ago

Japan's trade ministry on Monday releases official data showing its imports rose 80% from a year earlier to nearly 313,000 bpd in September

Asia's Sept imports of Iranian oil rise 73% from year ago
Updated On : 31 Oct 2016 | 6:23 PM IST

Non-OPEC and OPEC nations meet for oil talks

Only the representative of non-OPEC Azerbaijan made comments supportive of the need for producer action to help prop up prices

Non-OPEC and OPEC nations meet for oil talks
Updated On : 29 Oct 2016 | 8:59 PM IST

OPEC meets non-OPEC nations for oil talks, Russia still on board

For an OPEC plan to reduce output one day after OPEC members were unable to agreed on how to implement the deal

OPEC meets non-OPEC nations for oil talks, Russia still on board
Updated On : 29 Oct 2016 | 8:44 PM IST