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Commodities Corner: U.S., Russia overshadow oil market’s ‘collective sigh of relief’ for OPEC’s output-cut deal

Analysts question the long-term relevance of the Organization o.....»»

Category: topSource: marketwatchDec 7th, 2018

Oil dives nearly 3 percent after OPEC delays output decision

Oil fell nearly 3 percent in choppy trading on Thursday after OPEC and its allies ended a meeting without announcing a decision to cut crude output, and prepared to debate the matter the next day......»»

Category: topSource: reutersDec 6th, 2018

Oil dives 4 percent after OPEC delays output decision

Oil fell more than 4 percent in choppy trading on Thursday after OPEC and allied exporting countries ended a meeting without announcing a decision to cut crude output, and prepared to debate the matter the next day......»»

Category: topSource: reutersDec 6th, 2018

Oil falls after OPEC delays output decision

Oil fell in choppy trading on Thursday after OPEC ended a key meeting having made no decision on crude output, as it prepared to debate the matter with other exporters the next day......»»

Category: topSource: reutersDec 6th, 2018

Futures Movers: Oil prices sink as OPEC delays decision on output until Friday

Crude-oil prices trade sharply .....»»

Category: topSource: marketwatchDec 6th, 2018

Oil Slides After OPEC Delays Decision on Level of Output Cuts

OPEC members on agreed to production curbs but will wait to hear from Russia before making a final decision on the exact amount the cartel would cut to address falling oil prices......»»

Category: topSource: wsjDec 6th, 2018

Commodities Corner: Qatar’s OPEC exit raises the possibility of the oil cartel’s demise, experts say

Qatar’s decision.....»»

Category: topSource: marketwatchDec 3rd, 2018

Oil plunges more than 6 percent despite potential OPEC cut

Oil prices slumped more than 6 percent on Friday, with Brent set for a 12-percent plunge this week, as fears that supply would overpower demand intensified, even as major producers considered cutting output......»»

Category: topSource: reutersNov 23rd, 2018

Commodities Corner: OPEC mulls oil output cuts as risk of global glut grows

Ma.....»»

Category: topSource: marketwatchNov 12th, 2018

OPEC"s Increased Output Helps U.S. Shale Companies

The cartel’s decision last week to increase production modestly lifted the stock prices of U.S. oil producers, which have learned to survive at whichever price OPEC pursues......»»

Category: smallbizSource: wsjJun 24th, 2018

Oil Prices Jump After OPEC Deal to Lift Output

OPEC ministers agreed to boost output by about 600,000 barrels a day, moving more modestly than many producers had hoped to curb higher oil prices......»»

Category: asiaSource: wsjJun 23rd, 2018

Commodities Corner: OPEC dashes hopes for much lower U.S. gasoline prices this summer

The Organization of the Petroleum Exporting Countries’ decision to lift production by less than the market expected rallied prices for oil and dashed all hopes for significantly lower gasoline prices at the pump this summer......»»

Category: topSource: marketwatchJun 22nd, 2018

Futures Movers: Oil prices climb amid signs of strain ahead of OPEC meeting

Oil prices rose sharply on Friday, notably the international benchmark Brent crude, over Iran’s opposition to an output-increase deal as major producers meet in Vienna......»»

Category: topSource: marketwatchJun 22nd, 2018

OPEC strives for oil deal as Iran insists on modest rise in output

VIENNA (Reuters) - OPEC's leader Saudi Arabia and Russia were trying on Thursday to convince fellow oil producers to raise output from July to meet rising global demand, with Iran still signaling it would support only a modest increase in supply......»»

Category: topSource: reutersJun 21st, 2018

Futures Movers: Oil prices move higher as traders assess trade tensions, brace for OPEC decision

Oil prices move higher Monday as traders assess escalating trade tensions between the U.S. and China and brace for a potential output boost by major crude producers later this week......»»

Category: topSource: marketwatchJun 18th, 2018

Commodities Corner: OPEC risks destroying its oil market success

The Organization of the Petroleum Exporting Countries can claim success in its roughly 18-month-old effort to curb production, but what the oil producers decide to do next at their meeting on June 22 in Vienna could largely erase that progress......»»

Category: topSource: marketwatchJun 14th, 2018

OPEC April oil output hits year low on Venezuela slide

OPEC oil output fell in April to a one-year low due to declining production in Venezuela and lower shipments from African producers, a Reuters survey found, sending compliance with a supply-cutting deal to another record......»»

Category: topSource: moneycentralApr 30th, 2018

OPEC April oil output hits year low on Venezuela slide: Reuters survey

OPEC oil output fell in April to a one-year low due to declining production in Venezuela and lower shipments from African producers, a Reuters survey found, sending compliance with a supply-cutting deal to another record......»»

Category: topSource: moneycentralApr 30th, 2018

OPEC April oil output hits year low on Venezuela slide: Reuters survey

LONDON (Reuters) - OPEC oil output fell in April to a one-year low due to declining production in Venezuela and lower shipments from African producers, a Reuters survey found, sending compliance with a supply-cutting deal to another record......»»

Category: topSource: reutersApr 30th, 2018

OPEC and Russia Strike Deal to Cut Oil Production

OPEC and Russia have agreed to a deal to join in a significant production cut that would mop up a burgeoning global oil supply glut......»»

Category: topSource: wsjDec 8th, 2018