Edition: India  
 
> >

Crude oil prices jump over 8 per cent amid reports of OPEC agreeing to cut output

All India Radio Wednesday, 30 November 2016
Crude oil prices jump over 8 per cent amid reports of OPEC agreeing to cut outputGlobal crude oil prices shot up more than 8 percent today, as some of the world's largest oil producers gathered in Vienna to try to agree to a production cut.
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: The Street - < > Embed

News video: Oil Surges as OPEC Reportedly Nears Production Cut Agreement

Oil Surges as OPEC Reportedly Nears Production Cut Agreement 02:38

All eyes are on the Organization of Petroleum Exporting Countries meeting in Vienna Wednesday as OPEC's self-imposed Nov. 30 deadline to reach an agreement to cut production looms with no deal finalized. Crude oil prices surged on Wednesday on reports that the organization may agree to a compromise...

Recent related news

Oil prices flatline as U.S. drilling counters OPEC output cuts

TOKYO (Reuters) - Oil prices held steady on Monday as investors gauged whether an increase in U.S. drilling rigs and record stockpiles would undermine efforts by...
Reuters India - Business

WPI inflation spikes to 5.25 pc in Jan, fuel prices rise

* Wholesale inflation shot up to a 30-month high of 5.25 per cent in January as rising global crude oil prices spiked domestic fuel cost, even as food prices...
Deccan Herald - BusinessAlso reported by •Rediff.com

Asian Markets Mostly Higher

Asian stock markets are extending gains on Tuesday from the previous session in subdued activity. Gains are modestly modest in the absence of fresh cues from...
RTTNews - MarketsAlso reported by •Rediff.com

Oil dips over doubts high OPEC compliance with agreed cuts will last

Oil prices dipped on Wednesday over concerns that OPEC producers would not be able to maintain their high compliance so far with output cuts aimed at reining in...
Zee News - Business

COLUMN-Hedge funds bet big on oil as OPEC gives them a free put option: Kemp

Hedge funds and other money managers have amassed a very large bullish position in crude oil futures and options without so far having much impact on oil prices.
DNA - Money

Crude palm oil futures slide 0.42% on profit-booking

Crude palm oil prices declined by 0.42 per cent to Rs 575.60 per 10 kg in futures market today as speculators booked profits at prevailing higher levels amid...
DNA - Money


You Might Like


Other recent news in Business

HIL 2017: Tristan Clemons stars in Jaypee Punjab Warriors 1-0 win over UTTAR PRADESH WizardsTOSHIBA seeking $8.8 billion for majority stake in chip unit - source
MHA forwards to MEA MLAT request to bring back VIJAY MALLYA from UK

Twitter

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2017 newsR / One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter