The Organization of Petroleum Exporting Countries (OPEC) will meet on Saturday non-OPEC nations in Vienna with the …
Organization of Petroleum Exporting Countries
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Industry & Trade
Suez Canal revenue expected to surge after OPEC oil cuts, analysts say
by Yomna Yasserby Yomna YasserAnalysts expect OPEC’s recent oil production cuts will revitalise maritime movement through Egypt’s waterway Suez Canal, leading …
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forex news
Oil prices up on Saudi support, China; poll shows less OPEC output
by Yomna Yasserby Yomna YasserOil prices climbed 3 percent Monday after China moved to boost its slowing economy and Saudi Arabia …
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International News
Proposed OPEC emergency meeting may hurt market: Iran oil minister
by Noha Gadby Noha GadIran’s oil minister said on Friday any emergency meeting of the Organization of Petroleum Exporting Countries would …
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Crude oil prices were broadly unchanged in early trading on Tuesday, as firm demand supported and ample …
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forex news
Saudis to Non-OPEC Producers: Cut Your Own Output, We’re Good
by Yomna Yasserby Yomna YasserSaudi Arabia and the United Arab Emirates reiterated pledges to keep pumping the same amount of crude, …
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forex news
Global Oil Prices Slide, Rout Undeterred by U.S. Jobs Data
by Yomna Yasserby Yomna YasserGlobal oil prices slid further on Friday, with Brent on track for the first weekly close below …
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forex news
Iran, Venezuela, Russia May Face Pain from Cratering Oil Prices
by Yomna Yasserby Yomna YasserFalling oil prices are good news for the average U.S. consumer. But tanking oil is likely to …
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The International Energy Agency Friday warned of declining supply from OPEC members Libya and Iraq even as …
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Shares in Saudi Arabia, the only Gulf Arab stock market open on Saturdays, fell the most in …