World

Media In – Agencies – 7 July 2018 China has no choice but to respond to Washington imposing customs duties on imports from China, the Chinese Foreign Ministry said. The US action severely harms global supplies, value chains and disrupts the global market, but indicated that China will move ahead …

Media IN 25-06-2018 US stocks ended lower today. The Dow Jones industrial average <.DJI> was down 328.09 points, or 1.33 percent, at 24,252.83. The Standard & Poor’s 500 Index <.SPX> was down 37.81 points, or 1.37 percent, to close at 2717.07. The Nasdaq Composite Index closed down 160.81 points, or …

Media IN 25-06-2018 The London Stock Exchange (FTSE 100) finished its day trading on a low. The index of the top 100 companies on the London Stock Exchange (LSE) was down 2.24% from the last close of 172.43 points to close at 7509.84 points.

Media IN 25-6-2018 Oil prices fell slightly on Monday, as traders consider an expected production increase of 1 million bpd following the OPEC meeting in Vienna last week. Brent crude futures were down $ 74.25 a barrel, down 1.7 percent from the previous close. US WTI futures traded at $ …

Media IN- Agencies 24 – 06 – 2018 Australian Federal Trade and Investment Minister Stephen Chippo said in a statement issued by his office that the Australian government signed a new air services agreement with its Indian counterpart to strengthen bilateral relations. “Liberalized air services arrangements are an important step …

Media In – Vienna 23 June 2018 / WAM / Minister of Energy and Industry Suhail bin Mohammed Faraj Faris al-Mazroui, chairman of the current session of the Organization of Petroleum Exporting Countries (OPEC), said that the change in oil prices does not serve producers and consumers alike. He pointed …

“Media In – Agencies 22 June 2018 The Organization of the Petroleum Exporting Countries (OPEC) has agreed to a modest increase in oil production from July. The Organization of the Petroleum Exporting Countries said in a statement that it “will return to full compliance with agreed oil production reductions, while …

Media In – Singapore June 22, 2018 SPA Oil prices rose about 1% on Friday amid uncertainty over whether the Organization of the Petroleum Exporting Countries (OPEC) will be able to agree to increase production at a meeting in Vienna. Brent crude futures rose 73 cents, or 1 percent, in …

Media in Abu Dhabi 21 June 2018 / WAM / The average daily production of members of the Organization of Petroleum Exporting Countries “OPEC” 31.869 million barrels during the month of May, an increase of about 35 thousand barrels compared to 31.834 million barrels in April, according to preliminary statistics …

Media IN 21-06-2018 According to informed sources, there has been a clear divergence in the attitudes of OPEC participants on the need to increase oil production. Some member states believe that current production should be maintained according to the 2017 agreement. Saudi Arabia and non-OPEC member Russia see increasing production …