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

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: foxnews20 hr. 53 min. ago

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

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

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

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

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

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

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

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

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

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

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

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

Oil hovers just below 2019 highs as markets look to trade talks

Oil prices hovered just below 2019 highs on Tuesday as traders waited for the outcome of U.S.-China trade talks this week, while supply cuts led by producer group OPEC meant markets were relatively tight......»»

Category: topSource: reuters8 min. ago

Brent oil eases from 2019 highs as markets await trade talks outcome

Brent crude oil prices eased away from 2019 highs on Tuesday on caution that economic growth may dent fuel demand this year, although supply cuts led by producer cartel OPEC still meant markets were relatively tight......»»

Category: topSource: reuters4 hr. 38 min. ago

Trex"s Guidance Didn"t Meet Expectations, but Management Keeps Playing the Long Game

The alt-wood decking maker delivered a record 2018, but conservative guidance for early 2019 had investors selling. Despite the market's short-term dissatisfaction, management is focused on Trex's long-term potential......»»

Category: topSource: foxnews9 hr. 23 min. ago

Enterprising Investors Should Avoid 2019 Unicorn IPOs

Investors should disabuse themselves of the notion the secondary market will price the new shares at pre-offering valuation levelsRelated Stocks: FB, GOOGL, NFLX,.....»»

Category: blogSource: gurufocus11 hr. 23 min. ago

FreightWaves Oil Report: Data In Two Reports Lays Out The Case For A Stronger Market

The basis for a turn in the oil markets was laid out in two monthly reports released this past week. Both of them are closely watched documents, one of them coming from OPEC and the other released by the International Energy Agency (IEA). read more.....»»

Category: blogSource: benzinga15 hr. 38 min. ago

Consider Kinross Gold Corp for 2019 Gold Bull Market

The Canadian miner has targeted 2.5 million ounces of gold equivalent in 2019Related Stocks: KGC, GDX,.....»»

Category: blogSource: gurufocus15 hr. 53 min. ago