crude oil prices

Asian Shares Skid, Crude Tumbles After Doha Deal Fails

By Lisa Twaronite TOKYO, April 18 – Tumbling crude oil futures knocked Asian shares on Monday after producers’ weekend talks failed to agree a plan to curb the global supply glut, while Tokyo stocks slumped as investors assessed the impact of a devastating earthquake in southwestern Japan. Some 18 oil exporting nations had gathered in

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Market Outlook: Boom or Bust?

Uncertainty masks the fate of global economy amid lack of action from the world’s leading powers BY Ahmad Khatib It has been the first quarter of rebounding indices. After its worst first week of a year in history, the Dow Jones industrial average managed to rebound and complete its best quarterly comeback since 1933. Other

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Iran Oil Minister Says Will Keep Raising Production: Mehr News

DUBAI, April 4  – Iran will continue increasing its oil production and exports until it reaches the market position it enjoyed before the imposition of sanctions, Oil Minister Bijan Zanganeh was quoted by the semi-official Mehr news agency as saying. Zanganeh was speaking at the weekend ahead of an April 17 meeting of OPEC and

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