OPEC News

Canada’s Oil Industry Is Sparring Over Forced Output Cuts
Canada’s Oil Industry Is Sparring Over Forced Output Cuts
Bloomberg. A Canadian Pacific Rail Ltd. (CPR) locomotive pulls oil tankers past the Burnaby Refinery, operated by Parkland Fuel Corp., in Burnaby, Br...
Commodity News 2 hours ago
OPEC President Says Group, Allies Will Cut Output as Needed
OPEC President Says Group, Allies Will Cut Output as Needed
© Reuters. OPEC President Says Group, Allies Will Cut Output as Needed (Bloomberg) -- OPEC and allied oil producers wi...
Commodity News 11 hours ago
OPEC, partners discuss oil supply cut of up to 1.4 million bpd: sources
OPEC, partners discuss oil supply cut of up to 1.4 million bpd: sources
Reuters. FILE PHOTO: The OPEC logo is seen at OPEC's headquarters in Vienna By Rania El Gamal and Alex Lawler DUBAI/LONDO...
Commodity News 12 hours ago
Oil Prices Extend Record Losing Streak as OPEC Forecasts Lower Global Demand
Oil Prices Extend Record Losing Streak as OPEC Forecasts Lower Global Demand
© Reuters. OPEC cuts global demand forecast for 2019, U.S. crude enters 12th session of declines U.S. crude’s lo...
Commodity News 2 days ago
OPEC warns of 2019 oil glut as demand slows, rival supply rises
OPEC warns of 2019 oil glut as demand slows, rival supply rises
Reuters. FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing LONDON (Reuters) - OPE...
Commodity News 2 days ago
Oil Prices Down More Than 1% as Trump Asks OPEC Not to Cut Supply
Oil Prices Down More Than 1% as Trump Asks OPEC Not to Cut Supply
Oil prices were down 1% on Tuesday Oil prices were down 1% on Tuesday on reports that U.S. President Donald Trump asked the...
Commodity News 2 days ago
Oil prices fall after Trump calls on OPEC not to cut supply
Oil prices fall after Trump calls on OPEC not to cut supply
Reuters. FILE PHOTO: A general view of the drilling platform at Johan Sverdrup field near Stord By Henning Gloystein SING...
Commodity News 2 days ago
Canadian Oil Pain Sparks Call for Government-Mandated Output Cuts
Canadian Oil Pain Sparks Call for Government-Mandated Output Cuts
Bloomberg. An excavator is seen at the Suncor Energy Inc. Millennium mine in this aerial photograph taken above the Athabasca oil sands near Fort McM...
Commodity News 2 days ago
Trump hopes OPEC won't cut production, says oil prices should be lower
Trump hopes OPEC won't cut production, says oil prices should be lower
Reuters. FILE PHOTO - U.S. President Donald Trump visits the Suresnes American Cemetery as part of the Paris commemoration ceremony for Armistice Day...
Commodity News 2 days ago
Saudi comments at OPEC meeting support Oil price
Saudi comments at OPEC meeting support Oil price
The initial headlines coming out of the OPEC meeting in Abu Dhabi that Saudi Arabia has committed itself to lower production output should be enough to prevent...
Institution Opinions 3 days ago
Oil Pares Bear Market Collapse on Prospect of OPEC Curbs in 2019
Oil Pares Bear Market Collapse on Prospect of OPEC Curbs in 2019
Oil Pares Bear Market Collapse on Prospect of OPEC Curbs in 2019 (Bloomberg) -- Oil rose for the first time in 11 sessions o...
Commodity News 3 days ago
Oil Breaks Below $60 as Bears Grip Market; OPEC Showdown Next
Oil Breaks Below $60 as Bears Grip Market; OPEC Showdown Next
© Reuters. Oil prices break $60 support. The oil bears vs. OPEC showdown is coming down to the wire. And across crude...
Commodity News 5 days ago
WSJ: Saudi Arabia think tank is studying potential breakup of OPEC
WSJ: Saudi Arabia think tank is studying potential breakup of OPEC
© Reuters. WSJ: Saudi Arabia think tank is studying potential breakup of OPEC Saudi Arabia’s top government fund...
Stock News 6 days ago
Saudi Arabia think-tank studying possible effect of OPEC break up: WSJ
Saudi Arabia think-tank studying possible effect of OPEC break up: WSJ
Reuters. FILE PHOTO: A man fixes a sign with OPEC's logo next to its headquarters in Vienna (Reuters) - Saudi Arabia&apos...
Commodity News 6 days ago
China's Sinopec signs purchase agreements worth $45.6 billion at Shanghai Expo
China's Sinopec signs purchase agreements worth $45.6 billion at Shanghai Expo
Reuters. The company logo of China’s Sinopec Corp is displayed at a news conference in Hong Kong SHANGHAI (Reuters) - Chi...
Stock News 7 days ago
China's Sinopec signs purchase agreements worth $45.6 billion at Shanghai Expo
China's Sinopec signs purchase agreements worth $45.6 billion at Shanghai Expo
Reuters. The company logo of China’s Sinopec Corp is displayed at a news conference in Hong Kong SHANGHAI (Reuters) - Chi...
Commodity News 7 days ago
Oil Prices Mixed as OPEC Signals Return of Output Cut Next Year
Oil Prices Mixed as OPEC Signals Return of Output Cut Next Year
Oil prices were mixed on Thursday morning in Asia Oil prices were mixed on Thursday morning in Asia following reports that t...
Commodity News 7 days ago
Russian Oil May Gain a Lot From Giving a Little on OPEC U-Turn
Russian Oil May Gain a Lot From Giving a Little on OPEC U-Turn
© Reuters. Russian Oil May Gain a Lot From Giving a Little on OPEC U-Turn (Bloomberg) -- Russia’s oil industry is...
Commodity News 7 days ago
Oil prices stable as talk of OPEC output cuts supports, but soaring U.S. production drags
Oil prices stable as talk of OPEC output cuts supports, but soaring U.S. production drags
Reuters. FILE PHOTO - A general view of the Zueitina oil terminal is seen in Zueitina By Henning Gloystein SINGAPORE (Reu...
Commodity News 7 days ago
Oil Prices Volatile After U.S. Inventory Build, OPEC Plan to Cut Output
Oil Prices Volatile After U.S. Inventory Build, OPEC Plan to Cut Output
© Reuters. Fresh uncertainty in crude markets as OPEC hints at cuts while U.S. crude output surges. The OPEC vs U.S. s...
Commodity News 1 weeks ago (11-08)
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