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Showing 1 - 6 of 6 results for "OPEC nations"

Chief economist update: Cheaper oil greases wheels of growth

BENJAMIN ONG  |  MONDAY, 12 NOV 2018
... after Saudi Arabia and Russia's announcement of no immediate increase in oil production after the OPEC and non-OPEC nations meeting in Algiers on 23 September. Not after US president Donald Trump re-imposed sanctions on Iran as well as threatened ...

Chief economist update: Oil slick

BENJAMIN ONG  |  WEDNESDAY, 7 NOV 2018
... Saudi Arabia and Russia's announcement of no immediate increase in oil production following the OPEC and non-OPEC nations meeting in Algiers on September 23. And then the fall, proving once more that the cure for rising oil prices is... rising oil ...

OPEC is not to blame

BENJAMIN ONG  |  TUESDAY, 25 SEP 2018
... pleased with US President Trump when they announced no immediate increase in oil production following the OPEC and non-OPEC nations meeting in Algiers on September 23. The decision sent oil prices soaring - Brent oil surged by 3.2% to a four-year high ...

Market wrap PM

STAFF WRITER  |  MONDAY, 1 DEC 2014
... in oil prices hits energy stocks. The Brent price of crude oil has touched a fresh four-and-a-half year low after OPEC nations shied away from cutting production to deal with a global oversupply. "The price is going to remain fairly depressed if not ...

Bad news bear

BENJAMIN ONG  |  WEDNESDAY, 23 FEB 2011
... by almost half this year to an average of 1.5 million barrels per day, inventory levels are near a five-year high, OPEC nations have more spare productive capacity than in 2008 and more Iraqi crude is on the way." And from one of the horses mouth himself ...

Daily economic round-up

ALFRED SINN  |  THURSDAY, 26 OCT 2006
... and the median prices were down from a year ago. The Fed is also continuing to monitor oil prices closely as the OPEC nations announced they will reduce their group production quota by 1.2 million barrels a day, which set oil prices $2 higher, finishing ...
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