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Tag: oil prices
Oil prices decline on Kuwaits comments on output freeze proposal
2016-03-08 01:00:00| Offshore Technology
Oil prices have fallen after OPEC member Kuwait said that it would only agree to an output freeze if all major producers also participate.
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prices
oil
output
Oil prices rise as sentiment strengthens
2016-03-07 01:00:00| Offshore Technology
Oil prices have risen after the sentiment gained a boost for a market recovery due to tightening of supply, as well as an improving outlook worldwide.
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oil
rise
sentiment
Oil prices rise due to US oil production fall
2016-03-04 01:00:00| Offshore Technology
Crude oil prices have risen following a decline in US oil production to its lowest level since November 2014.
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prices
fall
production
Oil prices ease as supply glut gloom overcomes bullish sentiment
2016-03-03 01:00:00| Offshore Technology
Oil prices have eased after a rise in US crude stocks and a lack of any action from oil producers to curb supply reduced some of the bullish sentiment in the market earlier this week.
Oil prices fall as rise in US crude stocks counters output freeze plan
2016-03-02 01:00:00| Offshore Technology
Oil prices have dropped below $37 a barrel after an industry report highlighted an increase in crude inventories in the US countered output freeze plan by major oil producers.
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