Oil Rises Ahead of OPEC Output Decision - Wall Street Journal

Wall Street JournalSaudis Start to Ramp Up Oil Output, Ahead of OPEC MeetingWall Street JournalSaudi Arabia has started boosting oil production after two years of curt.....»»

A sharp move in the British pound last month in the minutes ahead of a crucial central-bank decision wasn’t a unique occurrence, according to data reviewed by The Wall Street Journal......»»

OPEC said Tuesday it expects its oil supplies to fall continuously over the next five years, suggesting the cartel may need to keep cutting output to stabilize prices amid a bigger-than-expected U.S. production boom and sluggish oil demand......»»

Oil prices rose nearly 3% on Friday, climbing further from five-month lows hit this week, after Saudi Arabia said OPEC was close to agreeing to extend an output production cut beyond June and as Wall Street rallied......»»

Oil production by Iran fell in April as the country remained under U.S. sanctions, according to a monthly report by the Organization of the Petroleum Exporting Countries......»»

The bulk of the cuts were shouldered by Saudi Arabia — the de-facto head of OPEC and the world’s largest exporter of crude — which reduced output by 324,000 barrels a day......»»

As was largely expected ahead of Tuesday's 1201am deadline, The Wall Street Journal reports that President Trump has decided to postpone decisions about imposing steel and aluminum tari.....»»

NEW YORK (Reuters) - U.S. stock indexes closed higher on Friday as investors shrugged off concerns about global trade tensions but trading volume was relatively light ahead of a busy week of central bank meetings......»»

OPEC pumps more oil in May, driven by higher output from Saudi Arabia, according to monthly data from the cartel released Tuesday......»»

Iran said late Thursday it was still opposed to a deal to lift oil output, fraying a growing sense of consensus among OPEC members and putting it at loggerheads with Saudi Arabia, the cartel’s de facto leader......»»

Russia on Saturday threw its support behind Saudi Arabia’s plan to ramp up global oil production in the face of higher prices, after more than a year of holding back output in coordination with OPEC......»»

New York TimesOPEC's Increased Output Helps US Shale CompaniesWall Street JournalSuhail al-Mazroui, president of the Organization of the Petroleum Exporting .....»»

Rising crude oil inventories and an increase in U.S. output could push oil prices down further in coming weeks, an internal OPEC report says......»»

Plummeting oil prices and signs of a coming global oversupply are bringing producers closer to a pact to cut output......»»

Wall Street JournalOil Jumps as OPEC Moves Closer to Cutting OutputWall Street JournalABU DHABI—Oil prices climbed out of the red Monday morning after weeks of losses that had wiped out all of crude's gain.....»»

OPEC and Russian crude production continued to climb in October, more than offsetting losses from Iran where U.S. sanctions have curbed output, the oil cartel said on Tuesday......»»

Crude-oil prices midday Friday were trading firmly lower, but off their worst levels, with less than an hour left in trade as the Wall Street Journal reported that OPEC is contemplating ways to scale back output amid a rout in cr.....»»

U.S. stocks climbed on Wednesday, boosted by technology stocks, and financials also gained ahead of a highly awaited Federal Reserve announcement where investors will watch for signals of fewer rate hikes, which could spark a year-end rally......»»

OPEC significantly reduced its crude-oil production in January, making good on its latest deal to curb output and rebalance an oversupplied market, the oil cartel said Tuesday......»»

U.S. stocks appear to be on the back foot early on Tuesday, with index futures trading modestly lower in early pre-market activity. read more.....»»