The decision comes ahead of the talks between Opec and non-Opec nations in Vienna on Saturday.
Kedar Grandhi
Dec 10, 2016
Brent, WTI futures rise ahead of approaching summit between Opec and non-Opec producers.
Gaurav Sharma
Dec 09, 2016
Brent, WTI futures recover from overnight lows ahead of summit between Opec and non-Opec producers.
Gaurav Sharma
Dec 08, 2016
The Dow Jones Industrial Average closed at its 12th all-time high since the US election on Wednesday.
Kedar Grandhi
Dec 08, 2016
The deal marks a win for Russian President Vladimir Putin as it comes at a time when the government is cash-strapped.
Kedar Grandhi
Dec 08, 2016
Brent, WTI futures slide ahead of approaching summit between Opec and non-Opec producers.
Gaurav Sharma
Dec 07, 2016
Energy and petrochemicals giant Ineos, founded by industrialist Jim Ratcliffe, moves commercial power base to London.
Gaurav Sharma
Dec 07, 2016
Markets also gained amid investor expectations of a positive outcome from the upcoming ECB meeting.
Kedar Grandhi
Dec 07, 2016
Brent, WTI rally comes to an end after survey reveals Opec pumped 34.16m bpd in November.
Gaurav Sharma
Dec 06, 2016
Neither Opec nor US shale producers could land a winning blow in the fight for oil market dominance.
Gaurav Sharma
Dec 06, 2016
US services sector activity hitting a one-year high in November also helped boost investor confidence.
Kedar Grandhi
Dec 06, 2016
Brent caps $55 per barrel mark for first time in 16 months on Opec's decision to reduce its 2017 output.
Gaurav Sharma
Dec 05, 2016
Brent, WTI extend positions above $50 as market awaits Opec-Russia talks.
Gaurav Sharma
Dec 02, 2016
The bearish trend in the stock markets also follows a decline in oil prices.
Kedar Grandhi
Dec 02, 2016
Co-owners of this project include BHP Billiton and Union Oil Company of California, an affiliate of Chevron.
Kedar Grandhi
Dec 02, 2016
Brent touches $54 per barrel as Opec announces it would cut production by 1.2m barrels per day
Gaurav Sharma
Dec 02, 2016
On Wednesday, Opec agreed to cut oil production by 1.2 million barrels per day.
Kedar Grandhi
Dec 01, 2016
Brent, WTI trade higher following agreement in Vienna to cut Opec production in conjunction with Russia
Gaurav Sharma
Nov 30, 2016
Suhail Al Mazroui tells IBTimes UK that Opec was working 'overtime' towards an oil market solution.
Gaurav Sharma
Nov 30, 2016
Most analysts said they expect some form of deal to emerge from the Opec meeting.
Kedar Grandhi
Nov 30, 2016
Fears of oil sliding to $40 escalate as preliminary Opec talks yield little, while Russians pull out of talks.
Gaurav Sharma
Nov 29, 2016
Kremlin decides against talks with Opec while cartel's internal meeting of experts ends without concrete plans for an oil production cut
Gaurav Sharma
Nov 29, 2016
Opec seeks solutions as ministers' meeting nears with oil benchmarks well below $50 per barrel
Gaurav Sharma
Nov 28, 2016
Brent, WTI see heavy short selling ahead of Opec meeting as market mulls possible oil production cut.
Gaurav Sharma
Nov 25, 2016
The uptick in Asia is expected to only last until US markets reopen after the holidays.
Kedar Grandhi
Nov 25, 2016
Kremlin's offer falls short of a coordinated crude production cut ahead of Opec meeting.
Gaurav Sharma
Nov 24, 2016
Crude prices edge close to $50 a barrel as investors grow confident Opec curb production next week.
Dan Cancian
Nov 22, 2016
Yellen said Donald Trump's victory in the American presidential election had not changed the Fed's plans on interest rates.
Kedar Grandhi
Nov 18, 2016
Crude prices recover after falling on the back of disappointing inventories data from the US.
Dan Cancian
Nov 17, 2016
Markets are said to be awaiting US Fed Janet Yellen's congressional testimony, which is due later in the day.
Kedar Grandhi
Nov 17, 2016