Oil Pact Could Quickly Sop up Market Glut A pact by leading producers to cut output could quickly begin sopping up the glut on the oil...
Oil Prices Soar to $58 on Global Output Cut Deal Oil prices shot up over four per cent to their highest level since 2015 early on...
Non-OPEC Producers Agree to Cut Output Eleven non-OPEC oil-producing states including Russia agreed Saturday to cut their output by 558,000 barrels per day, OPEC said, in...
Crude Oil Prices Drop Days After Output Cut Brent crude oil price dropped by 1.87 per cent to $53.93 a barrel after hitting $54.19 a barrel...
U.A.E. Oil Minister Says OPEC Will Act Again If Prices Decline A cut in global oil output by 1.8 million barrels a day would be enough...
Oil Falls for First Day in 5 as OPEC Euphoria Fades; Bonds Gain Oil slipped from a 16-month high as doubts emerged about how OPEC will...
OPEC Oil Output Hits Record High in November OPEC’s oil output set another record high in November ahead of a deal to cut production, a Reuters...
Focus Shifts to Execution after OPEC Deal After an intensely negotiated meeting, the Organisation of Petroleum Exporting Countries (OPEC) decided to cut crude oil production amongst...
Oil Resumes Rise after OPEC Cut Oil prices resumed their rise Thursday and held above the $50 barrier following OPEC’s decision to carry out its first...
Ericsson Sacks 160 Nigerian Workers, Takes Jobs to India Ericsson Nigeria, the local subsidiary of the global telecommunications solutions provider, has disengaged about 160 permanent and...