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Oil rises after Iraq signals possible OPEC cut extension

TOKYO (Reuters) - Oil prices rose on Wednesday after Iraq's oil minister said OPEC and other crude producers were considering extending or even deepening a supply cut to curb a global glut, while a..
Reuters Also reported by •Reuters IndiaSify

GDP growth getting hit,so Arun Jaitley pushes pedal

With concerns being raised over the India growth story hitting a roadblock, visible in the recent fall in GDP growth, Prime Minister Narendra Modi is learnt to have sought a clear roadmap to ensure..

Videos for "Oil Prices"

News video: Deutsche Bank Sees No Massive Change in Oil Prices

Deutsche Bank Sees No Massive Change in Oil Prices 01:55

Sep.20 -- Christian Nolting, global chief executive officer at Deutsche Bank Wealth Management, discusses his outlook for oil. He speaks on "Bloomberg Markets: Middle East."
Source: Bloomberg Global Business -

News video: Colombia’s Santos on Venezuela, Trump, Drugs, Oil

Colombia’s Santos on Venezuela, Trump, Drugs, Oil 09:01

Sep.18 -- President Juan Manuel Santos of Colombia discusses the political unrest in Venezuela, sanctions, his meeting with President Trump, the war on drugs and oil prices. He speaks with David Gura..
Source: Bloomberg Technology -

News video: SFG CIO Shover Sees Short-Lived Balanced Oil Market

SFG CIO Shover Sees Short-Lived Balanced Oil Market 02:13

Sep.15 -- In today's "Futures in Focus," Larry Shover chief investment officer at Solutions Funds Group, and Bloomberg's Mark Barton examine oil prices and a price drop for gold. They speak on..
Source: Bloomberg Global Business -

News video: Oil Price Can Sustain Above $50, Says Iaccino

Oil Price Can Sustain Above $50, Says Iaccino 02:44

Sep.14 -- In today’s “Futures in Focus,” Bob Iaccino, co-founder at Path Trading Partners, and Bloomberg's Vonnie Quinn examine the factors boosting oil prices and look at the cable trade..
Source: Bloomberg Global Business -

News video: OPEC Said to Mull Extending Production Cuts

OPEC Said to Mull Extending Production Cuts 01:53

Sep.12 -- OPEC and its allies are discussing extending the production cuts by more than three months. The curbs are set to expire next March. Bloomberg's Ben Sharples reports on "Bloomberg Markets:..
Source: Bloomberg Global Business -


Kiattana transports other goods, unifies operations

MAI-listed logistics provider Kiattana Transport Plc (KIAT) has offered new logistics services to compensate for the revenue loss resulting from lower usage of liquefied petroleum gas (LPG) and low oil..
Bangkok Post

California Resources - Asymmetric Risk/Reward In The Face Of Higher Of Oil Prices


IEA: Oil Price Spike Coming In 2020

iea: oil price spike coming in 2020
Authored by Nick Cunningham via OilPrice.com, *The oil market has been awash in crude for more than three years, and OPEC has struggled to accelerate the rebalancing effort, but the world could be..
Zero Hedge Also reported by •OilPrice.com

Oil edges off recent high ahead U.S. stock data, OPEC meet

NEW YORK (Reuters) - Oil prices edged lower on Tuesday, retreating from near-five-month highs in advance of data expected to show a build in U.S. crude inventories as imports resume and refineries were..
Reuters India

US Stocks Edge Higher in Early Trading; Oil Prices Rise

Banks, insurers and other financial companies led U.S. stocks slightly higher in morning trading Tuesday.
NYTimes.com Also reported by •SeattlePI.comSeattle Times

There's one big question mark hanging over OPEC heading into 2018

there's one big question mark hanging over opec heading into 2018
The Saudi oil minister, Khalid al-Falih, has worked hard over the past year to get the majority of the world's biggest producers to combat a global supply glut by honoring agreed-upon output..
Business Insider

Watch Live: President Trump Set To Label Iran, North Korea "Global Threats" During First UN Address

watch live: president trump set to label iran, north korea global threats during first un address
President Donald Trump will deliver his first address to the United Nations General Assembly Tuesday at 10 am. His remarks will be streamed on the UN's live feed, available below... Since late..
Zero Hedge

Oil prices fail to hold on to $50 per barrel

October West Texas Intermediate closed up 2 cents at $49.91 per barrel on Monday, marking the third straight session that oil -More- 

Oil pops above $50 after Iraq's oil minister says OPEC is thinking about extending cuts until the end of 2018

oil pops above $50 after iraq's oil minister says opec is thinking about extending cuts until the end of 2018
Oil climbed above $50 a barrel after Iraq's oil minister said some oil producers would be in favor of extending production cuts until the end of 2018. West Texas International crude, the..
Business Insider

Global Equities Hit New All Time High Ahead Of The Fed; VIX < 10; Japan Stocks Surge

global equities hit new all time high ahead of the fed; vix < 10; japan stocks surge
S&P futures are little changed as the Fed begins its two-day FOMC meeting pushing the VIX below 10, down 1.3% and falling for the 7th day; European shares are lower as is the dollar while Japanese..
Zero Hedge

Gold recovers after dipping to a two-week low ahead of the Fed's meeting

gold recovers after dipping to a two-week low ahead of the fed's meeting
Gold prices fell to a two-week low late last night as safe haven assets retreated. The yellow metal dropped to $1,307 an ounce as the US dollar lifted. It has since recovered slightly, rising 0.1..
City A.M.

Oil near five-month high as Middle East producers stick to cuts

AMSTERDAM (Reuters) - Oil prices traded close to five-month highs on Tuesday after fresh data showed key Middle Eastern producers continued to cut supply in line with an OPEC-led deal aimed at ending a..
Reuters India

Crude oil prices brush up against apparent ceiling

crude oil prices brush up against apparent ceiling
Washington DC (UPI) Sep 18, 2017 Emerging analyst sentiment that the upside potential for the recent rally in crude oil prices is limited may be contributing to the drop witnessed early Monday. The..
Energy Daily

Modi's meeting with FM, Finmin officials postponed

Prime Minister Narendra Modis stocktaking of the economy has been postponed pending finance ministry putting together a comprehensive presentation on the reasons for slowdown and remedial measures it..
Deccan Herald

Fuel prices may come down by Diwali: Dharmendra Pradhan

The comments come amid criticism by opposition parties of a sharp rise in oil prices after the daily rate revision mechanism was introduced by the government recently.
Zee News

Vitol Ups Cash-for-Oil Deals With Kazakhstan To $5B

Commodity trader Vitol has raised its export prepayment loans to Kazakhstan’s state oil firms to US$5 billion, boosting further its primary position in lifting Kazakh oil at a time when the central..

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