The price of Brent crude oil has risen above $57 a barrel for the first time since July 2015, after a landmark agreement between oil producing countries and cartel Opec on Saturday triggered a rally.. City A.M.
Oil prices fell slightly on Friday morning, but are still set for a strong week.
Investors piled into oil futures and related stocks earlier this week when Organisation of the Petroleum Exporting.. City A.M.
Dec.04 -- Robin Mills, Qamar Energy chief executive officer, and Morten Frisch, Morten Frisch Consulting managing partner, discuss the outlook for OPEC oil production with Bloomberg's Yousef Gamal.. Source: Bloomberg Global Business -
Oil sweeps to a six-week high after OPEC agrees to cut crude output to clear a glut. As David Pollard reports, bond yields also rose on prospects that resulting inflationary pressures will lead to.. Source: Rumble -
Nov.30 -- Bruno Stanziale, Eurasia Group's director of commodity strategy, discusses OPEC's agreement on production cuts with Bloomberg's Oliver Renick and Scarlet Fu on "Bloomberg Markets." Source: Bloomberg Technology -
SINGAPORE (Reuters) - Asian spot prices for liquefied natural gas (LNG) this week rose to their highest for 2016 so far, lifted by OPEC's announcement it would cut crude oil production in cooperation.. Reuters India Also reported by •Sify
The trading frenzy sparked by Opec’s historic deal on Wednesday to agree a production cut has continued to make its presence felt throughout markets worldwide, with oil-related shares gaining further.. City A.M.
Today's Twin Cities weather, sports scores and schedules, conversation starters, traffic and flight information: Local weather: Drizzle early, then clouds; high of 37 Today's headlines Mike Zimmer has.. bizjournals
[Premium Times] Nigeria, Iran and Libya got special concessions Wednesday, as the Organisation of Petroleum Exporting Countries, OPEC, reached the much-sought consensus to cut oil production by 1.2.. allAfrica.com
The OPEC oil cartel defied expectations on Thursday, and nailed down its first joint output cut since 2008 after tough talks in Vienna, sending oil prices soaring.
In late London trade Brent North.. DNA
Crude rose by 9 per cent to around $50.50 a barrel on the deal, which cuts Opec production to 32.5m barrels per day – a fall of around 1.2m barrels per day. MailOnline Also reported by •thisismoney.co.uk •Telegraph.co.uk
OPEC has agreed to cut its oil production for the first time in eight years in an effort to boost crude prices. The cartel will cut 1.2 million barrels a day from its present output after its 14.. Japan Today