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OPEC members agree on increase in oil production

OPEC members agree on increase in oil production

OPEC members have agreed on a combined increase in crude oil output of one million barrels per day despite strong opposition from Iran. The actual increase will be smaller as several countries are unable to raise output. This was confirmed ...

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How ISIS attacks could affect Saudi oil production

Market watchers should be looking for any indication that Saudi Arabia will stop “punishing” Russia and Iran in oil markets if last week’s terror attacks on Paris lead to a deal to stabilize Syria, Again Capital founding partner John Kilduff ...

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July industrial production beats estimates at 4.2%

The country’s industrial activity, as measured by the index of industrial production (IIP), for the month of July jumped to 4.2 percent year-on-year from 4.4 percent (revised) in the previous month. TheNewsInternational Team The country’s industrial activity, as measured by ...

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Industrial production rises only 1.7% in Dec

Despite India’s economic growth receiving a major boost after a revision in the definition of gross domestic product (GDP) and the base year for calculating it, concern about industrial production continues, going by official data released on Thursday. Adding to ...

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