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Kuwait Crude Output Drops 60% as Oil Workers Strike Over Pay
2016-04-17 22:42:33| Oil & Gas - Topix.net
Kuwait's crude production tumbled by 60 percent and its refineries scaled back operations as the state oil company took emergency measures to cope with the first day of an open-ended labor strike. The OPEC member's production dropped to 1.1 million barrels a day, Saad Al-Azmi, deputy chief executive for finance and spokesman at Kuwait Oil Co., said in posts on Instagram and Twitter on Sunday when workers walked off the job.
Oil exporters to discuss output freeze
2016-04-15 22:53:27| BBC News | Business | UK Edition
Opec members, together with a few other oil producers, are meeting in Qatar on Sunday to discuss freezing output in an attempt to push up oil prices.
Tags: discuss
oil
output
freeze
U.S. factory output declined again in March
2016-04-15 22:25:48| Beverages - Topix.net
In this April 8, 2016, file photo, aluminum Bud Light bottles move along a conveyor at a plant manufacturing 16-ounce Budweiser and Bud Light aluminum bottles for Anheuser-Busch, in Arnold, Mo. In this April 8, 2016, file photo, aluminum Bud Light bottles move along a conveyor at a plant manufacturing 16-ounce Budweiser and Bud Light aluminum bottles for Anheuser-Busch, in Arnold, Mo.
Tags: march
output
factory
declined
Oil surges amid nervousness ahead of Doha output freeze talks
2016-04-09 14:20:43| Oil & Gas - Topix.net
"I'm not buying this rally," said Stewart Glickman, an equity analyst at S&P Capital IQ in New York. "The risks of a sharp downturn remain greater than those for a rally."
Oil prices rise as hopes for output freeze agreement strengthen market
2016-04-06 01:00:00| Offshore Technology
Oil prices have edged up as hopes for an agreement among major producers to freeze production strengthened the market.
Tags: market
agreement
prices
oil
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