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Gulf Independent - OPEC
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Oil falls on low expectations for Doha meeting ECONOMY

Oil falls on low expectations for Doha meeting

Oil prices fell in thin trade as analysts said a weekend meeting of major oil exporters would do little to help to clear global oversupply quickly, even though it would provide a floor for the market.

4:45 AM November 25 2016
Iran oil minister won't attend Doha output freeze talks: ministry ECONOMY

Iran oil minister won't attend Doha output freeze talks: ministry

Iran's oil minister will not join an Iranian delegation at a meeting this weekend of major crude producers aimed at negotiating a production freeze, the oil ministry said on Friday.

4:45 AM November 25 2016
Qatar says mood 'positive' ahead of April 17 oil producers' meet in Doha ARABIA

Qatar says mood 'positive' ahead of April 17 oil producers' meet in Doha

An agreement to “restore stability” to the global oil market was “imminent” as the growing number of oil producers who have officially confirmed participation in Sunday's oil producers meeting in Doha ...

4:45 AM November 25 2016
Oil falls as dark clouds appear ahead of producer meeting ECONOMY

Oil falls as dark clouds appear ahead of producer meeting

Oil fell on Thursday as the International Energy Agency trimmed its forecast for demand growth and on signs that a producers' meeting this weekend will not yield a concrete plan to reduce oversupply.

4:45 AM November 25 2016
IEA expects limited impact from oil output freeze at Doha ECONOMY

IEA expects limited impact from oil output freeze at Doha

A deal to freeze oil production by Opec and non-Opec producers will have a limited impact on global supply and markets are unlikely to rebalance before 2017, the International Energy Agency (IEA) said.

4:45 AM November 25 2016
Opec warns on oil 'oversupply' ahead of crunch Doha meeting ECONOMY

Opec warns on oil 'oversupply' ahead of crunch Doha meeting

Opec warned that the world remains awash with crude ahead of a crunch meeting in Doha between cartel members and other major producers to discuss a production freeze to boost the oil price.

4:45 AM November 25 2016
Oil hits 2016 high on Doha producer meeting hopes ARABIA

Oil hits 2016 high on Doha producer meeting hopes

Oil rose above $43 a barrel on Tuesday, which is its highest level so far in 2016, mainly driven by hopes that the April 17 Doha meeting of producers will reach a deal to freeze output.

4:45 AM November 25 2016
Oil hits 2016 high above $43 on producer meeting hopes ECONOMY

Oil hits 2016 high above $43 on producer meeting hopes

Oil reached a 2016 high above $43 a barrel, supported by hopes that an upcoming meeting of oil producers will agree steps to tackle a supply glut.

4:45 AM November 25 2016
Saudi Arabia to join oil output freeze only if Iran joins ECONOMY

Saudi Arabia to join oil output freeze only if Iran joins

Saudi Arabia will agree to freeze crude oil production levels only if Iran and other major producers do so, the kingdom's deputy crown prince said in an interview with Bloomberg.

4:45 AM November 25 2016
Opec output rises in March as Iran, Iraq growth offsets outages ECONOMY

Opec output rises in March as Iran, Iraq growth offsets outages

Opec oil output is rising in March, a Reuters survey found, as higher supply from Iran after the lifting of sanctions and near-record exports from southern Iraq offset maintenance and outages in smaller producers.

4:45 AM November 25 2016
Iran can add 500,000 bpd oil supply in a year- IEA chief ECONOMY

Iran can add 500,000 bpd oil supply in a year- IEA chief

Iran is expected to add half a million barrels of oil supply a day within a year from its existing oilfields after the lifting of sanctions against Tehran in January, but developing new fields would take time, the head of the International Energy Agency said on Wednesday.

4:45 AM November 25 2016
Oil prices rebound on less than expected build in stocks ECONOMY

Oil prices rebound on less than expected build in stocks

Oil futures rebounded in Asian trade on Wednesday, buoyed by a less than expected build in crude oil stockpiles last week and a weakening dollar, but concern that a two-month rally was fading in an oversupplied market capped gains.

4:45 AM November 25 2016