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Future of gas prices may be riding on today’s OPEC meeting
The price of crude oil influences U.S. gasoline prices, which are already rising after February’s winter storms took 26 refineries offline. OPEC could decide to increase production at today's meeting, which would ease pressure.....»»
US To Remove Patriot Missile Protection From Saudi Arabia Amid Oilpocalypse
US To Remove Patriot Missile Protection From Saudi Arabia Amid Oilpocalypse Petrodollar panic? As tensions between OPEC (cough - the Saudis - cough) and Washington rise over the supply (and price) of oil glob.....»»
Offshore oil driller Diamond files for bankruptcy after OPEC-Russia price war, coronavirus outbreak
The Houston-based contract driller said it sought chapter 11 protection after the downturn in the offshore-drilling industry "worsened precipitously" because of the oil-price war between the OPEC countries and Russia along with the COVID-19 pandemic......»»
Oil Tumbles As Saudis Quietly Launch New Price War With Record Discounts
Oil Tumbles As Saudis Quietly Launch New Price War With Record Discounts This weekend's 11th hour decision to cut OPEC oil output by 23% was supposed to end the oil price war between Saudi Arabi.....»»
Energy ETFs rebound on OPEC+ deal optimism
Exchange-traded funds tracking energy assets rallied Monday, bucking the downbeat trend in the broader stock market, after a pact to cut global oil output and stabilize price.....»»
Trump Scrambles To Jawbone Oil Price Higher, Says OPEC+ Looking At Cutting 20MM Barrels, Not 10MM
Trump Scrambles To Jawbone Oil Price Higher, Says OPEC+ Looking At Cutting 20MM Barrels, Not 10MM Shortly after Mexico won a histori.....»»
Kremlin says "important" global oil deal helped avert market chaos
The Kremlin said on Monday that the global oil output deal clinched by OPEC and non-OPEC countries had helped stop oil markets sliding into chaos and would help support a more or less stable oil price dynamic......»»
OPEC, other oil-producing oil nations agree to cut output by nearly 10 million barrels
OPEC, Russia and other oil-producing nations have finalized an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in hopes of boosting crashing prices amid the coronavirus pandemic and a price war......»»
Oil climbs after OPEC, Russia end price war by agreeing to record-sized production cut
REUTERS/Sergei Karpukhin The mult.....»»
Oil whipsaws after OPEC, Russia end price war by agreeing to record-sized production cut
REUTERS/Sergei Karpukhin The mul.....»»
Canada welcomes oil cut deal, says it is committed to achieving price certainty
Canada on Sunday formally welcomed a deal by OPEC and allies to cut oil output by a record amount, saying Ottawa was committed to achieving price certainty and economic stability......»»
Oil slides after OPEC, Russia end price war by agreeing to record-sized production cut
REUTERS/Sergei Karpukhin The multiweek oil-price war between Russia and its OPEC allies was finally resolved on Sunday as the international consortium agreed to cut crude oil production by almost 10%. OPEC+ announced it will cut 9.7 million ba.....»»
OPEC, Russia end oil-price war after agreeing to record-sized production cut
REUTERS/Sergei Karpukhin The multiweek oil-price war between Russia and its OPEC allies was finally resolved on Sunda.....»»
Mexico Reaches Deal with U.S. to Cut Oil Production Allowing for OPEC+ Output Cuts
The deal would end the price war between Riyadh and Moscow that helped push oil down to the lowest i.....»»
3 Financially Strong Oil Companies to Consider as Price War Ends
Saudi Arabia, Russia and OPEC+ have agreed to historic cuts as sector debt piles upRelated Stocks: AE, CVI, COP,.....»»
Oil prices could tumble back below $20 as "land mines lurking right below the surface" endanger a crucial OPEC deal, RBC strategist says
Eric Gay/AP Photo The price of oil could slide below $20 for the first time since 2002 if an OPEC production cut agreement can't be reached, RBC Capital Markets st.....»»
Futures Movers: Oil prices rise as key OPEC+ production conference gets under way
Oil futures climb on Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is expected to lead to an agreement to cut global crude production and end a price war between Russia and Saudi Arabia......»»
Futures Movers: U.S. oil prices jump 9% as key OPEC+ production conference set to get under way
Oil futures rose in electronic trade early Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is intended to end a price war between Russia and Saudi Arabia......»»
Futures Movers: Oil prices climb as key OPEC+ production conference set to get under way
Oil futures rose in electronic trade early Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is intended to end a price war between Russia and Saudi Arabia......»»
Oil spikes as Russia-Saudi Arabia head to OPEC and prep a possible historic production cut
OPEC's emergency meeting will take coronavirus and a price war into account as ministers weigh action......»»