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OPEC Likely to Keep Output Curbs: 5 Top-Ranked Oil Picks

The news of OPEC countries and Russia's intention to follow the global pact finally brought relief to oil pric.....»»

Category: topSource: zacksMay 31st, 2018

Futures Movers: Oil falls more than 3% as OPEC+ eases curbs, Iran output seen rising

Oil futures fall sharply.....»»

Category: topSource: marketwatchApr 5th, 2021

Oil prices gain on expectations OPEC+ will keep lid on output

OPEC+ last month surprised the market by agreeing to extend supply curbs.....»»

Category: topSource: foxnewsMar 31st, 2021

Oil futures settle higher on talk of a potential rollover of OPEC+ output curbs

Oil futures settled higher on Wednesday, buoyed by some speculation that the Organization of the Petroleum Exporting Countries and its allies may decide to extend pr.....»»

Category: topSource: marketwatchMar 3rd, 2021

Futures Movers: Oil settles over 2% higher on signs OPEC+ has stuck close to its output-cut pledge

Oil futures gain ground Monday, settling up by more than 2%, buoyed in part by surveys indicating that the Organization of the Petroleum Exporting Countries and their allies are sticking closely to their pledge on output curbs......»»

Category: topSource: marketwatchFeb 1st, 2021

Futures Movers: Oil drifts lower ahead of OPEC+ decision on output curbs

Oil futures edge lower to kick off 2021 as traders await an OPEC+ meeting that will see major producers decide whether to further relax output curbs that helped oil finish last year on a strong note......»»

Category: topSource: marketwatchJan 4th, 2021

Whether OPEC+ formally agrees, deeper oil cuts now look inevitable

Whether or not OPEC+ oil producers formally agree to extra oil output curbs, rapidly filling storage capacity and plummeting demand due to the coronavirus crisis may force them to cut more......»»

Category: topSource: reutersApr 22nd, 2020

Saudi, others resist Mexican plan to make small oil output cuts - sources

Saudi Arabia and other oil producers in the OPEC+ group pushed back on Friday on a Mexican plan to cut less than requested under plans for global supply curbs, two sources from the OPEC+ group said on Friday......»»

Category: topSource: reutersApr 10th, 2020

Saudi, Russia closing in on record oil cut deal

OPEC and it allies held talks on Thursday on record oil output curbs of 15 million to 20 million barrels per day (bpd), or 15% to 20% of global supplies, to support prices hammered by the coronavirus crisis, OPEC and Russian sources said......»»

Category: topSource: reutersApr 9th, 2020

OPEC may slash oil output, if U.S. plays ball

OPEC nations may agree to slash oil output on Thursday, but sources say a deal could hang on whether the U.S. curbs its production too......»»

Category: videoSource: reutersApr 8th, 2020

U.S. pushes back on call by OPEC+ to join big oil output cuts

Saudi Arabia, Russia and allied oil producers will only agree to deep cuts to their crude output at talks this week if the United States and several others join in with curbs to help prop up prices that have been hammered by the coronavirus crisis......»»

Category: topSource: reutersApr 7th, 2020

Big OPEC+ oil output cuts depend on U.S., others joining: sources

Saudi Arabia, Russia and allied oil producers will only agree to deep cuts to their crude output at talks this week if the United States and several others join in with curbs to help prop up prices that have been hammered by the coronavirus crisis......»»

Category: topSource: reutersApr 7th, 2020

OPEC oil cuts deal in trouble as Russia still not on board

Russia will not back an OPEC call for extra oil output cuts and will only agree to extending existing curbs, a Russian source said on Friday, threatening to derail a plan by OPEC ministers for deeper reductions to cope with the coronavirus outbreak......»»

Category: topSource: reutersMar 6th, 2020

OPEC oil cut deal in trouble as Russia still not on board

Russia will not back an OPEC call for extra oil output cuts and will only agree to extending existing curbs, a Russian source said on Friday, threatening to derail a call by OPEC ministers for deeper reductions to cope with the coronavirus outbreak......»»

Category: topSource: reutersMar 6th, 2020

Oil prices rebound on hopes for OPEC+ supply cuts

Oil prices clawed back ground on Tuesday amid hopes for new output curbs from OPEC and its allies to offset any potential drop in demand triggered by the coronavirus outbreak......»»

Category: topSource: reutersFeb 4th, 2020

OPEC curbs, supply risks to buoy oil prices in 2020: Reuters poll

Oil prices will remain supported near current levels this year as persistent geo-political risks and OPEC-led output curbs help offset growing supply from other producers, a Reuters poll showed on Friday......»»

Category: topSource: reutersJan 31st, 2020

Oil drops even as OPEC curbs output

Oil prices fell Friday even after OPEC agreed to curb output. Julian Satterthwaite reports......»»

Category: videoSource: reutersDec 6th, 2019

Oil jumps 3% on U.S. stockpiles drop; further OPEC output cuts seen

Oil prices surged more than 3% on Wednesday on expectations that OPEC and allied producers would extend production curbs, and as U.S. government data showed a large drop in domestic crude stockpiles......»»

Category: topSource: reutersDec 4th, 2019

Oil jumps 4% on U.S. stockpiles drop; further OPEC output cuts seen

Oil prices surged 4% on Wednesday on expectations that OPEC and allied producers would extend production curbs, and as U.S. government data showed a large drop in domestic crude stockpiles......»»

Category: topSource: reutersDec 4th, 2019

Oil rises ahead of OPEC output talks

Oil gained on Wednesday ahead of an expected extension to production curbs by OPEC and its allies, with further support from industry data showing a larger than forecast drop in U.S. crude stockpiles......»»

Category: topSource: reutersDec 4th, 2019

Oil up nearly 2% ahead of OPEC output talks

Oil gained on Wednesday ahead of an expected extension to production curbs by OPEC and its allies, with further support from industry data showing a larger than forecast drop in U.S. crude stockpiles......»»

Category: topSource: reutersDec 4th, 2019