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OPEC countries to pump more oil to contain price increase

The countries of the OPEC cartel agreed Frida.....»»

Category: topSource: latimesJun 22nd, 2018

OPEC plays a numbers game with oil supply hike

OPEC agreed on Friday on a modest increase in oil production from next month after its leader Saudi Arabia persuaded arch-rival Iran to cooperate, following calls from major consumers to help reduce the price of crude and avoid a supply shortage......»»

Category: videoSource: reutersJun 22nd, 2018

OPEC agrees modest hike in oil supply after Iran softens stance

OPEC on Friday agreed to a modest increase in oil production from July after its leader, Saudi Arabia, persuaded arch-rival Iran to cooperate amid calls from major consumers to help reduce the price of crude and avoid a supply shortage......»»

Category: topSource: moneycentralJun 22nd, 2018

OPEC agrees modest hike in oil supply after Iran softens stance

VIENNA (Reuters) - OPEC agreed on Friday on a modest increase in oil production from July after its leader Saudi Arabia persuaded arch-rival Iran to cooperate amid calls from major consumers to help reduce the price of crude and avoid a supply shortage......»»

Category: topSource: reutersJun 22nd, 2018

OPEC edges closer to raising oil output, Iran is key

OPEC has edged closer towards raising oil output, with Iran softening its opposition to an increase and Saudi Arabia warning of supply shortages and price rallies if production remained stable. Kate King reports.....»»

Category: videoSource: reutersJun 21st, 2018

OPEC edges closer to raising oil output, Iran"s agreement is key

VIENNA (Reuters) - OPEC edged closer on Thursday toward raising oil output, with Iran softening its opposition to an increase and Saudi Arabia warning of supply shortages and price rallies if production remained stable......»»

Category: topSource: reutersJun 21st, 2018

Oil Price on Holding Pattern Ahead of OPEC meeting

Oil Price on Holding Pattern Ahead of OPEC meeting.....»»

Category: optionsSource: insidefuturesJun 18th, 2018

Trump slams OPEC as IEA anticipates near-term oil price relief

OPEC will meet next week to discuss increasing oil output......»»

Category: topSource: foxnewsJun 13th, 2018

OPEC could squeeze oil buffer to new lows with output hike

The oil industry will face the biggest squeeze on its spare production capacity in more than three decades if OPEC and its allies agree next week to hike crude output, leaving the world more at risk of a price spike from any supply disruption......»»

Category: topSource: moneycentralJun 12th, 2018

OPEC and Russia Want Higher Oil Prices: Buy the Dip Now

With the price of West Texas Intermediate down more than 10% since May 21, it makes sense for investors to look to the producers that are making the most money on current pricing......»»

Category: blogSource: 247wallstJun 5th, 2018

New US Shale Oil Drilling Efficiencies Will Help Stabilize Worldwide Price of Crude

OPEC's ability to control production increasingly ineffective due to continuing efficiencies in US shale oil drilling techniquesRelated Stocks: ECA,.....»»

Category: dealsSource: nytJun 1st, 2018

Oil price dilemma

Tax cuts alone may not be able to check retail prices of oil if OPEC continues its production cut and the US president his adversarial policy towards Iran.....»»

Category: topSource: business-standardMay 20th, 2018

Saudis Discuss Oil-Price Concerns With OPEC, Russia

Saudi Arabia said Thursday it was discussing concerns over volatile oil prices with other OPEC members and Russia after the cost of a barrel reached its highest level in three-and-a-half years......»»

Category: topSource: wsjMay 18th, 2018

Oil Price Outlook - Beyond The OPEC Cut

Oil Price Outlook - Beyond The OPEC Cut.....»»

Category: topSource: seekingalphaMay 17th, 2018

Crude oil recovery: Are tactics working?

Saudi Arabia and Russia have led an effort to take surplus oil off the market, fueling a price recovery. CNN's John Defterios reports on the cooperation between OPEC and non-OPEC members to maintain stability......»»

Category: videoSource: cnnMay 7th, 2018

Jefferies Has 5 Huge Reasons You Should Buy Energy Stocks Now

After years of underperformance, energy finally is starting to show sector leadership. And of course, just when it does, the president shoots out a tweet last week about OPEC and the current price of........»»

Category: blogSource: 247wallstApr 24th, 2018

US Exporting WTI Crude Oil to EU, Cramps OPEC’s Pricing Plans

US Exporting WTI Crude Oil to EU, Cramps OPEC’s Pricing Plans $USO, $OIL, $XOM, $BP US Crude Oil producers are benefiting from OPEC’s price squeeze and exporting cheaper WTI Crude Oil to Europe in record amou.....»»

Category: topSource: livetradingnewsApr 24th, 2018

Junk Bonds Get A Boost From Oil Prices

Original article by UpFina We previously reviewed the oil market in U.S. Shale vs. OPEC Oil Price War: Who Will Win?. American production of oil ac.....»»

Category: blogSource: valuewalkApr 23rd, 2018

Cramer: Trump shouldn"t be calling on OPEC for lower oil prices

Jim Cramer argues that OPEC is a "shadow of its former self" and no longer wields control over the price of oil......»»

Category: topSource: madmoneyApr 20th, 2018

Futures Movers: U.S. oil falls from 3 ½-year high as OPEC, non-OPEC ministers gather in Saudi Arabia

The U.S. oil-price benchmark settles with a loss on Thursday, suffering from a late-session turn lower as major oil producers meeting in Saudi Arabia reportedly touted a near-end to the global glut of crude supplies......»»

Category: topSource: marketwatchApr 19th, 2018