OPEC maintains high level of oil output in March

April 14, 2016 by · Comments Off on OPEC maintains high level of oil output in March 

VIENNA, April 13 — Iran continues to pump more oil after the sanction relief, together with Iraq and Angola, all of which contribute to an increase of crude oil production of OPEC, the cartel's monthly report showed on Wednesday.

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OPEC expects decline in demand for oil from its member-states in 2015 to 28.8 mln bpd

January 16, 2015 by · Comments Off on OPEC expects decline in demand for oil from its member-states in 2015 to 28.8 mln bpd 

VIENNA, Jan. 15 — Organization of the Petroleum Exporting Countries expects decline in demand for oil from organization’s member-states in 2015 by 100,000 barrels per day to 28.8 million barrels, OPEC reports.

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U.S. stocks soar after upbeat start of Q4 earnings

January 14, 2015 by · Comments Off on U.S. stocks soar after upbeat start of Q4 earnings 

NEW YORK, Jan 14 — U.S. stocks bounced back in the morning session Tuesday following two days of declines, as investor sentiment was buoyed by the good start of the fourth- quarter earnings season.

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PHLs tops 19 countries whose economy will win the oil barrel at USD 40 each

January 12, 2015 by · Comments Off on PHLs tops 19 countries whose economy will win the oil barrel at USD 40 each 

By Juzel L. Danganan

MANILA, Jan. 11 (PNA) — The Philippines has topped 19 countries whose economies will win with the oil barrel, if it drops to record levels of USD 40 each, according to a Fortune article.

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