Tags » Oil Markets

Saudi Arabia Reportedly Offers to Cut Oil If Iran Freezes Output

Saudi Arabia has offered to lower its own oil production if rival Iran agrees to cap its output this year, in a major compromise ahead of talks in Algeria next week, three sources familiar with the discussions told Reuters. 100 more words

International

ARAMCO - The awakening of a "sleeping giant"

*Reminder: [French version at the end / Version française vers la fin de la page]

This year crude oil markets are going through a turbulent process. 3,420 more words

Energy Markets

Oil Prices Slip As the Hopes for Saudi-Russian Action Wane

Oil slipped towards $47 a barrel on Tuesday, falling further from the previous session’s one-week high on receding hopes for imminent action to tackle a supply glut. 318 more words

International

Saudi Arabia and Russia Just Threw the Oil Market With a Big, Fat Head Fake

Crude oil prices rocketed, then fell back almost as precipitously, on Monday after big-sounding promises about restraining output by the world’s two largest producers—Saudi Arabia and Russia—turned out to be little more than big words. 831 more words

International

Inventory, Demand And The Enigma Of The Missing Barrels Of Oil

By Chris Ross, Executive Professor, C.T. Bauer College of Business

The Yom Kippur War, Ramadan War, or October War, also known as the 1973 Arab–Israeli War, was fought by a coalition of Arab states led by Egypt and Syria against Israel from October 6-25, 1973. 1,126 more words

Energy Fellow

Iran Sets Out Terms to Cooperate with OPEC and Help Stabilize Oil

Iran will help other oil producers stabilize the world market so long as fellow OPEC members recognize its right to regain lost market share, the country’s oil minister said on Friday in remarks made ahead of next month’s meeting of the oil exporters group. 194 more words

International