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Opec

Dec 05, 2016 at 13:14 | Source: PTI
Benchmark Brent oil has rallied to USD 54.56 a barrel, the biggest weekly gain since 2009, after OPEC approved its first supply cut in eight years.
Dec 05, 2016 at 12:32 | Source: Moneycontrol.com
According to Achiievers Equities, Crude oil prices fell on profit booking after the biggest weekly rally since 2009 following OPEC's decision to cut crude output.
Dec 05, 2016 at 08:44 | Source: Reuters
Renzi's defeat deals a body blow to the European Union already reeling under anti-establishment anger that led to the shock exit of UK from the club in June this year.
Dec 02, 2016 at 18:23 | Source: CNBC-TV18
In conversation with CNBC-TV18, Oil Minister Dharmendra Pradhan said that the consumer market will be affected with the rise in crude prices.
Dec 02, 2016 at 15:49 | Source: Moneycontrol.com
OPEC decided to cut production by 1.2 million barrels a day from January 2017 to 33.6 million barrels per day.
Dec 02, 2016 at 14:49 | Source: Moneycontrol.com
Rising oil inventory and stressed financials was the driving force that pushed the Organisation of Petroleum Exporting Countries (OPEC) to see reason in cutting production. The oil industry was literally running out of storage space and had to act fast on cutting production.
Dec 02, 2016 at 14:46 | Source: Reuters
The main price driver was an agreement reached by the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil production giant Russia to cut crude output in order to rein in global oversupply that has dogged markets for more than two years.
Dec 02, 2016 at 10:40 | Source: CNBC-TV18
AK Srinivasan, Director Finance, ONGC told CNBC-TV18 that surge in crude oil prices will aid topline growth. On an annulised basis their revenues would be up by Rs 1000 crore and profits would increase by Rs 425 crore.
Dec 02, 2016 at 10:09 | Source: CNBC-TV18
Vibhav says demonetisation or not, the Indian market is bound to suffer due to this in the near-term. Nifty, he says is sure to break the Brexit day low point of 7,927 points.
Dec 02, 2016 at 10:01 | Source: CNBC-TV18
Speaking to CNBC-TV18 MK Surana, CMD of HPCL said that as long as cracks are maintained, refinery margins would be on track. The term "crack" is derived from the fluid catalytic cracking of crude oil, which is used to refine crude oil into petroleum products.
Messages on Opec »

Wire News

Platinum Member

670 Followers

News Now  

With oil cartel OPEC cutting production for the first time since 2008 leading to a surge in oil prices, India today said higher rates will risk the country's growth trajectory and pitched for striking a balance between interests of producers and consumers.

about 1 hr 1 min 23 sec ago

shindegaura
v8989

New Member

2 Followers

Chemfab Alkalie  

after opec meeting it will stable in after 1 week it will reach towards 350 again. just hold tight

about 1 hr 45 min 40 sec ago

Other Market Topics  

It may even cross $70 as the quantum of production cut is quite high. 1.2 mn bpd from OPECs & 0.8 mn from non-OPECs. That is almost 80-100% more cut than expected earlier

about 2 hrs 8 min 58 sec ago

Other Market Topics  

It may even cross $70 as teh quantum of production cut is quite high. 1.2 mn bpd from OPECs & 0.8 mn from non-OPECs. That is almost 80-100% more cut than expected earlier

about 2 hrs 9 min 16 sec ago

ITSAERO

New Member

2 Followers

SpiceJet  

Investors need patience and to think long term prospects of aviation, Oil is going to be consumed less globally in the next couple of years. By 2019, Most of the developed countries would have rolled out policies for electric vehicles and would have them running on the streets. Opec knows

8.26 PM Dec 4th

Definate

Platinum Member

2769 Followers

SpiceJet  

OPEC to Cut Crude Oil Production in January …Oil and Gas Stocks Advance

4.17 PM Dec 4th

kpatel00705

New Member

3 Followers

ONGC  

ONGC was at 190 in Last March . It Was Great Buy Opportunity That time who Buys ONGC .They Very Lucky Today. I am One of The buyer around 190. I dont Think now ONGC comes at 250 level.Because Oil Production Cut by OPEC, Crude Oil Rise also. so Only Buy Buy Buy ONGC. May be ONGC Touch 350 in Few

4.17 PM Dec 4th

Avinash.24

Gold Member

65 Followers

Dolphin Offshor  

OPEC will discuss and possibly finalize a deal with producers outside the cartel to reduce global crude oil supply on December 10 in Russia’s capital Moscow, Reuters reported on Friday, citing two OPEC sources. Earlier reports had put the date and place of the OPEC-non-OPEC meeting for December 9

2.56 PM Dec 4th

Avinash.24

Gold Member

65 Followers

Aban Offshore  

OPEC will discuss and possibly finalize a deal with producers outside the cartel to reduce global crude oil supply on December 10 in Russia’s capital Moscow, Reuters reported on Friday, citing two OPEC sources. Earlier reports had put the date and place of the OPEC-non-OPEC meeting for December 9

2.55 PM Dec 4th

Avinash.24

Gold Member

65 Followers

SpiceJet  

Non-OPEC Producers To Cut An Additional 600,000 Bpd Next Week? http://oilprice.com/Energy/Crude-Oil/Non-OPEC-Producers-To-Cut-An-Additional-600000-Bpd-Next-Week.html

2.48 PM Dec 4th

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