Oil prices dropped Tuesday but held near one-year highs touched on growing expectations of an output cut …
Organization of the Petroleum Exporting Countries
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forex news
Oil prices drop over doubts that non-OPEC producers will cut output
by Yomna Yasserby Yomna YasserOil prices dropped Monday over doubts that an OPEC-led plan to cut output would rein in a …
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International News
Iran says to cooperate with OPEC to stabilise the oil market: IRNA
by Yomna Yasserby Yomna YasserIran’s oil minister said Friday that Tehran would cooperate with Organization of the Petroleum Exporting Countries (OPEC) …
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Financial Institutions
Morgan Stanley throws cold water on hints of any OPEC freeze deal
by Yomna Yasserby Yomna YasserEnergy investors got all excited last week on hints of a freeze deal among major oil producers, …
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forex news
Oil rises on new output freeze calls, but traders bet on further falls
by Noha Gadby Noha GadOil prices rose on Monday, lifted by reports of renewed talks by some members of the Organization …
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World
European stocks slightly lower with ECB, OPEC meetings on deck
by Yomna Yasserby Yomna YasserEuropean stocks inched lower Thursday as investors waited to hear about monetary policy from the European Central …
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U.S. crude prices briefly rose to a premium over internationally traded Brent on Wednesday following a report …
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Crude oil prices stabilized on Tuesday due to firm demand after dipping in early trade on expectations …
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forex news
OPEC sees Oil Price below $100 a barrel in the next Decade
by Yomna Yasserby Yomna YasserThe Organization of the Petroleum Exporting Countries doesn’t see oil prices consistently trading at $100 barrel again …
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Crude-oil futures dropped Thursday after a price gain of nearly 6% a day earlier lifted prices to …