OPEC News

Oil Prices Steady Following China GDP Data; OPEC Supply Cuts Remain in Focus
Oil Prices Steady Following China GDP Data; OPEC Supply Cuts Remain in Focus
© Reuters. Oil prices steadied on Monday in Asia after official data showed China’s economic slowdown was in li...
Commodity News 2 days ago
How OPEC Is Helping U.S. Oil Reach a Tipping Point
How OPEC Is Helping U.S. Oil Reach a Tipping Point
© Reuters. How OPEC Is Helping U.S. Oil Reach a Tipping Point (Bloomberg Opinion) -- The U.S. Energy Information Admin...
Commodity News 2 days ago
Oil falls ahead of China data, but OPEC-led cuts support
Oil falls ahead of China data, but OPEC-led cuts support
Reuters. FILE PHOTO: Oil tanker is seen at a crude oil terminal in Ningbo Zhoushan port By Henning Gloystein SINGAPORE (R...
Commodity News 2 days ago
Oil Rises 3% on 'Visible' OPEC Cuts; IEA Suggests 'Gradual' Recovery
Oil Rises 3% on 'Visible' OPEC Cuts; IEA Suggests 'Gradual' Recovery
© Reuters. Sharp bouts of price gains are likely in oil as Saudi Arabia ratchets up efforts to raise the visibility o...
Commodity News 5 days ago
Oil Prices Jump as IEA Highlights OPEC Cuts
Oil Prices Jump as IEA Highlights OPEC Cuts
© Reuters. Crude prices jumped on Friday after a report from the International Energy Agency pointed to recent output...
Commodity News 5 days ago
Oil Prices Gain More Than 1% on Reports of OPEC Cuts
Oil Prices Gain More Than 1% on Reports of OPEC Cuts
© Reuters. Oil prices gained more than 1% on Friday in Asia after the Organization of the Petroleum Exporting Countri...
Commodity News 5 days ago
Sinopec's marketing arm listing may prove hard sell in soft markets
Sinopec's marketing arm listing may prove hard sell in soft markets
Reuters. FILE PHOTO: Man stands next to a logo of Sinopec at an expo on rubber technology in Shanghai By Chen Aizhu and J...
Stock News 5 days ago
Oil Falls 1% as Record U.S. Output Offsets Jumpstart in OPEC Cuts
Oil Falls 1% as Record U.S. Output Offsets Jumpstart in OPEC Cuts
© Reuters. The trend is not always your friend. Oil bulls are beginning to discover that. Crude prices may be up near...
Commodity News 6 days ago
Before start of new oil pact, OPEC made progress averting glut
Before start of new oil pact, OPEC made progress averting glut
Reuters. The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen outside their headquarters in Vienna...
Commodity News 6 days ago
OPEC Production Falls in December; 2019 Demand Forecast Steady
OPEC Production Falls in December; 2019 Demand Forecast Steady
© Reuters. Investing.com- Oil production for Organization of the Petroleum Exporting Countries and Russia fell in Dec...
Commodity News 6 days ago
OPEC+ ministerial meetings proposed for April 17-18: source
OPEC+ ministerial meetings proposed for April 17-18: source
Reuters. The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen outside their headquarters in Vienna...
Commodity News 1 weeks ago (01-15)
OPEC Leaves Market Guessing as It Struggles to Set Meeting Date
OPEC Leaves Market Guessing as It Struggles to Set Meeting Date
Bloomberg. Electrical light illuminates a petroleum cracking tower at the Lukoil-Nizhegorodnefteorgsintez oil refinery, operated by OAO Lukoil, in Ni...
Commodity News 1 weeks ago (01-14)
Oil prices edge up on OPEC-led supply cuts, lower U.S. drilling activity
Oil prices edge up on OPEC-led supply cuts, lower U.S. drilling activity
Reuters. FILE PHOTO: FILE PHOTO: A pump jack operates in the Permian Basin oil production area near Wink By Henning Gloys...
Commodity News 1 weeks ago (01-14)
No need for OPEC meeting before April
No need for OPEC meeting before April
© Reuters. No need for OPEC meeting before April OPEC's largest oil producer is willing to work with all parties to ba...
Commodity News 1 weeks ago (01-13)
OPEC is not the enemy of the US, UAE minister says
OPEC is not the enemy of the US, UAE minister says
Reuters. UAE's Oil Minister OPEC President Al Mazrouei addresses a news conference after an OPEC meeting in Vienna ABU DH...
Commodity News 2 weeks ago (01-12)
Crude Oil Reverses as OPEC & Saudis Over-Adjusts on Cuts
Crude Oil Reverses as OPEC & Saudis Over-Adjusts on Cuts
© Reuters. The big price collapse after President Trump granted waivers on Iranian oil, led to a run on the oil bank....
Stock News 2 weeks ago (01-09)
Oil Trading Losses May Be No Cause for Panic on China's Sinopec
Oil Trading Losses May Be No Cause for Panic on China's Sinopec
Bloomberg. Pressure gauges sit on pipework at a shale gas collection and transfer facility at the Fuling shale gas project site, operated by Sinopec...
Commodity News 2 weeks ago (01-08)
U.S. oil prices edge up on trade talk hopes, OPEC cuts
U.S. oil prices edge up on trade talk hopes, OPEC cuts
Reuters. FILE PHOTO: A gas torch is seen at the Filanovskogo oil platform operated by Lukoil company in Caspian Sea By He...
Commodity News 2 weeks ago (01-08)
Oil drops on concerns of economic downturn, but OPEC cuts support
Oil drops on concerns of economic downturn, but OPEC cuts support
Reuters. FILE PHOTO: A gas torch is seen at the Filanovskogo oil platform operated by Lukoil company in Caspian Sea By He...
Commodity News 3 weeks ago (01-04)
Oil Gyrates in Choppy Trade; Weak Wall Street Counters OPEC Cuts
Oil Gyrates in Choppy Trade; Weak Wall Street Counters OPEC Cuts
© Reuters. Investing - OPEC or the stock market? Oil traders and investors are still having trouble deciding which ma...
Commodity News 3 weeks ago (01-04)
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