opec

  1. syamfx2020

    Crude oil prices skyrockets 5% boosted by OPEC deal

    "It is a great New Year present for the whole oil industry," Russian Deputy Prime Minister Alexander Novak said on the second day of 13th OPEC and non-OPEC Ministerial meeting. Crude oil price climbed to 11-month highs boosted by the compromise deal between the Organization of Petroleum...
  2. syamfx2020

    DAILY MARKET REPORT - Monday, Nov 30, 2020

    Crude oil prices trading slightly lower on Monday ahead of OPEC two days of meetings that begin later today. The investors and traders eagerly waiting for the fresh updates whether the OPEC and other oil-exporting countries will extend large output cuts to balance global markets. OPEC+...
  3. syamfx2020

    Oil prices slide as OPEC meeting concluded with mixed outcomes

    During the weekend, the 179th meeting of the OPEC was held via e-conferencing on Saturday, 6th of June, 2020, under the leadership of its president, Mohamed Arkab, Minister of Energy in Algeria. The OPEC led by Saudi Arabia and other key oil producers has agreed to extend the 9.7 mbpd deal to...
  4. S

    BIG DAY FOR OIL

    OIL RISES AS INVESTORS AND TRADERS AWAIT THE OPEC MEETING UPDATES. Today the Energy and oil ministers from the 14-member OPEC will meet at OPEC's headquarters in Vienna. On Thursday WTI crude oil had gained 4.2% of its value after the API report revealed a greater than expected drawdown in...
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