The Opec agreed to cut production to a range of 32.5 million to 33 million barrels a day, Iran’s oil minister Mr. Zanganeh said after the meeting in Algiers. Energy companies led gains in Asia. Oil had swung near $45 a barrel in the lead up to the gathering as traders speculated over whether Opec
10.11 AM Sep 29th
for a deal," said an OPEC source from a Middle Eastern producer, when asked about the Saudi shift. Iranian Oil Minister Bijan Zanganeh said on Wednesday talks about a deal to cap output were ongoing. OPEC began an informal meeting at 1430 GMT, but few OPEC watchers expect any deal before a formal, regular
9.06 PM Sep 28th
Crude Update(28th Sep): Iranian Oil Minister believe that there will be no agreement reach in Algiers this week as far as a production cut is concerned with the Saudi Arabian government. With this being the case, that of course is bearish in a market that has a fairly significant oversupply issue
3.22 PM Sep 28th
up with lng terminal in orissa with adani..now tell me adani ..what expertise they wud provide in lng..i suspect its more of payback for election sponsoring..but this oil minister is good he was able to negotiate rasgas deal which made india saved lot of dough.
12.30 PM Sep 23rd
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