-
Oil Prices Boosted Amid Report That Iran Is Open To Cap Its Output
Tuesday, August 23, 2016 - 2:50pm | 248The price of a barrel of oil rose more than 1 percent on Tuesday after Reuters reported that Iran is open to an agreement with OPEC to cap its oil output to help boost the price of the commodity higher. OPEC nations will meet in September after a meeting earlier this year failed to lead to a...
-
Crude Gains On Tuesday, But Investors Nervously Await Next Week's Doha Talks
Tuesday, April 12, 2016 - 1:28pm | 282Crude oil gained on Tuesday and hit an intra-year high, but oil investors and traders may be right to hold a cautious stance ahead of the April 17 meeting between major OPEC nations and oil producers. Crude oil settled above the $40 per barrel mark for the first time in three weeks on Monday. The...