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OPEC says oil market well supplied, wary of 2019 surplus

OPEC sees the oil market as well supplied and is wary of creating a glut next year, the group's secretary-general said on Thursday, suggesting producers are in no rush to expand a June agreement that raises output......»»

Category: topSource: reutersOct 11th, 2018

Saudi Arabia to cut oil exports amid signs of new surplus

Saudi Arabia signaled it will reduce oil exports by as much as half a million barrels a day in December, the first tangible sign that OPEC is starting to trim output as it faces an oversupplied market in 2019......»»

Category: topSource: moneycentralNov 11th, 2018

OPEC sees more 2019 demand for its oil as it keeps cutting output

OPEC said on Tuesday that world demand for its oil would be higher than expected this year as supply growth from rivals including U.S. shale producers slows, pointing to a tighter market if the exporter group refrains from raising output......»»

Category: topSource: reutersMay 14th, 2019

Alcoa keeps surplus projection for alumina market in 2019

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchApr 17th, 2019

Oil hits 2019 high on OPEC cuts, concerns over demand ease

Oil hit a 2019 high above $69 a barrel on Tuesday on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut, and as the market became less worried that demand may slow......»»

Category: topSource: reutersApr 2nd, 2019

Australian Dollar: USD/AUD (AUD=X) market now sees 100% chance of RBA rate cut in 2019

Australian Dollar: USD/AUD (AUD=X) market now sees 100% chance of RBA rate cut in 2019 The Australian Dollar recovered off earlier lows Thursday after official data revealed a sharp increase in the January trade surplus, which offered s.....»»

Category: topSource: livetradingnewsMar 7th, 2019

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

OPEC and allies are said to have already cleared oil surplus

OPEC and allied oil producers including Russia concluded that the crude market re-balanced in April, when their output cuts achieved a key goal of eliminating the global surplus......»»

Category: topSource: moneycentralMay 27th, 2018

Health insurers wary of new federal decision on payments

Though it’s not expected to affect rates for 2019, both elected officials and health insurers in New York say a federal decision to freeze payments under an Affordable Care Act program could have a dire impact on the health care market......»»

Category: topSource: bizjournalsJul 10th, 2018

Saudi Arabia, Russia Boost Oil Supply by 250,000 Barrels in September

In its monthly Oil Market Report for October, OPEC lowered its demand forecast for both 2018 and 2019, adding strength to the cartel's contention that there's plenty of oil to meet demand......»»

Category: blogSource: 247wallstOct 11th, 2018

2019 Oil Market Prospects: End Of Iran Sanctions, NOPEC Breaks OPEC

2019 Oil Market Prospects: End Of Iran Sanctions, NOPEC Breaks OPEC.....»»

Category: topSource: seekingalphaOct 16th, 2018

OPEC, allies move closer to oil cuts as bear market adds urgency

OPEC and its allies started laying the groundwork to cut oil supply in 2019, reversing an almost year-long expansion, with Saudi Arabia reasserting its role as swing producer by announcing fewer shipments from next month......»»

Category: topSource: moneycentralNov 11th, 2018

Global oil market to lapse into surplus in 2019

Since October, the oil price has fallen to below $70 a barrel, its lowest in eight months......»»

Category: topSource: foxnewsNov 14th, 2018

Weekly Energy Recap: OPEC+, Not Trump Tweets, Key To Oil Market In 2019

Weekly Energy Recap: OPEC+, Not Trump Tweets, Key To Oil Market In 2019.....»»

Category: topSource: seekingalphaDec 4th, 2018

IEA sees global oil supply tightening more quickly in 2019

The global oil market could move into deficit sooner than expected, thanks to OPEC's output agreement with Russia and others and to Canada's decision to cut supply, the International Energy Agency said on Thursday......»»

Category: topSource: reutersDec 13th, 2018

Wary Of Emerging Market Debt In 2019? You Shouldn"t Be

Wary Of Emerging Market Debt In 2019? You Shouldn"t Be.....»»

Category: topSource: seekingalphaJan 2nd, 2019

2019 Oil Market Outlook: OPEC Will Cause Prices To End Up Higher Than Forecast

2019 Oil Market Outlook: OPEC Will Cause Prices To End Up Higher Than Forecast.....»»

Category: topSource: seekingalphaJan 9th, 2019

U.S. crude gains, slowing global economy challenge oil market in 2019: IEA

U.S. oil production growth combined with a slowing global economy will put oil prices under downward pressure in 2019, challenging OPEC's resolve to support the market with output cuts, the International Energy Agency said on Friday......»»

Category: topSource: reutersJan 18th, 2019

Oil prices hit 2019 highs amid supply cuts, trade talk hopes

Prices have been bolstered by a tightening market because of supply cuts organized by OPEC and some non-affiliated producers like Russia......»»

Category: topSource: foxnewsFeb 18th, 2019

Oil dips after forecast for record U.S. shale output

Crude oil futures eased on Wednesday in light of the prospect of a continued boom in U.S. shale oil output, although with OPEC determined to restrict its own production to prevent a global surplus of unused fuel, the price held just shy of 2019 highs......»»

Category: topSource: reutersFeb 20th, 2019

Market Mayhem Is Due To Truly Perfect Storm For 2019 Recession

Market Mayhem Is Due To Truly Perfect Storm For 2019 Recession.....»»

Category: topSource: seekingalpha14 hr. 29 min. ago