Oil Prices Rally on OPEC News

28 September 2016

Oil prices surged 5.3% Wednesday, their biggest gain in more than five months, after the Organization of the Petroleum Exporting Countries signaled it could agree to limit production in November. News of a possible breakthrough among OPEC members after …

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Oil Prices Slide as Traders Doubt OPEC Deal

28 September 2016

Oil prices slid Tuesday amid growing investor skepticism about the Organization of the Petroleum Exporting Countries’ ability to reach an agreement to limit production. OPEC members won’t reach a deal to curb output during talks this week at an energy …

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Oil futures surge after OPEC agrees on need for output cap

27 September 2016

Oil futures settled with a bang on Wednesday, hitting their highest level in about three weeks, following news that the Organization of the Petroleum Exporting Countries had agreed on the need to cap crude production. Members of the oil group were …

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Oil Prices Slide as Traders Doubt OPEC Deal

27 September 2016

Oil prices slid Tuesday amid growing investor skepticism about the Organization of the Petroleum Exporting Countries’ ability to reach an agreement to limit production. OPEC members won’t reach a deal to curb output during talks this week at an energy …

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Oil Prices Slide as OPEC Deal Seen as Unlikely

27 September 2016

Oil prices slid Tuesday as investor skepticism grew than the Organization of the Petroleum Exporting Countries would reach an agreement to limit production. OPEC members are meeting in Algiers this week to discuss coordinated action to lift oil prices …

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Algeria Holds Out for OPEC Production Deal

27 September 2016

Algerian oil-field workers like Abdellah Medjkane … a group of countries in the 14-nation cartel that includes Venezuela, Ecuador and Nigeria. These countries have fared poorly since oil prices began their long descent to less than $50 a barrel from …

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Oil prices slide more than 2% after Iran, Saudis douse hopes for output deal

27 September 2016

Crude oil futures dropped sharply Tuesday after both Iran and Saudi Arabia played down expectations for a deal to freeze or cut oil production at the closely watched informal OPEC meeting on Wednesday. Both countries said the meeting between members of the …

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Baron Oil: Still some hope for a Peru well, but emphasis on “great opportunity” in SE Asia

26 September 2016

Baron Oil (LON:BOIL) told investors it hopes to get a well drilled in Block XXI, in Peru, during 2017 albeit it admits the … to funding the next phase of their strategically important gas storage project. Following debt repayment arrangements executed …

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Baron Oil: Still some hope for a Peru well, but emphasis on “great opportunity” in SE Asia

26 September 2016

Baron Oil (LON:BOIL) told investors it hopes to get a well drilled in Block XXI, in Peru, during 2017 albeit it admits the … to funding the next phase of their strategically important gas storage project. Following debt repayment arrangements executed …

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Posted in Peru0 Comments

Algeria Holds Out for OPEC Production Deal

26 September 2016

Algerian oil-field workers like Abdellah Medjkane … a group of countries in the 14-nation cartel that includes Venezuela, Ecuador and Nigeria. These countries have fared poorly since oil prices began their long descent to less than $50 a barrel from …

Read the full story

Posted in Ecuador0 Comments