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Oil prices rise as talks on freezing production turn to Iran

2016-02-17 01:00:00| Offshore Technology

Oil prices have increased due to the freezing of output by Russia and Saudi Arabia, while Iran stands firm on its policy to ramp-up production.

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Oil prices rise after four oil producers agree to freeze output

2016-02-16 01:00:00| Offshore Technology

Brent crude oil prices have increased after Qatar's Energy Minister said that oil output freeze has been agreed with Saudi, Russia and Venezuela.

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Oil prices rise on comments by UAE energy minister on production cuts

2016-02-12 01:00:00| Offshore Technology

Oil prices have increased after comments made by United Arab Emirates (UAE) energy minister hinted at the prospect of production cuts.

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Oil prices falter due to rise in US crude stocks

2016-02-11 01:00:00| Offshore Technology

Oil prices have fallen due to rise in US crude stocks at the key delivery point in Cushing.

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Slight rise in oil prices over prospects of OPEC production cuts

2016-02-10 01:00:00| Offshore Technology

Oil prices are nearing $31 a barrel due to prospects of production cuts by Organization of the Petroleum Exporting Countries (OPEC) and rival producers tackling the problem of oversupply globally.

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