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OPEC news

Oil: trading opportunities ahead

Nizam Hamid, Head of Strategy in Europe at WisdomTree, considers how today's OPEC meeting will affect the volatility of the oil price.


GlobalData: Aramco tax cut boosts upstream value ahead of expected IPO

Faced with declining government revenues from the oil and gas sector after the oil price crash and looking to diversify its economy, Saudi Arabia is reportedly planning to list 5% of its state-owned oil giant, Saudi Aramco, in an Initial Public Offering (IPO) in late 2018.


Deloitte: Oil prices expected to grow slightly in 2017

Production cuts by OPEC and other non-OPEC countries are expected to provide a short-term boost to world oil prices, but the effects will be offset by increases in production in Canada and the US.