OPEC News

Oil prices near 2019 highs amid OPEC supply cuts, U.S. sanctions
Oil prices near 2019 highs amid OPEC supply cuts, U.S. sanctions
© Reuters. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang By Henning Gloys...
Commodity News 3 days ago
Oil dips from four-month highs, but OPEC cuts, sanctions support
Oil dips from four-month highs, but OPEC cuts, sanctions support
© Reuters. FILE PHOTO: Drilling rigs in the Cromarty Firth near Invergordon, Scotland By Henning Gloystein SINGAPORE (Reute...
Commodity News 4 days ago
U.S. Crude Jumps, Nearing $60, as OPEC+ Talks up Production Cuts
U.S. Crude Jumps, Nearing $60, as OPEC+ Talks up Production Cuts
© Reuters. By Barani Krishnan OPEC and its ally Russia are betting that their mantra of production cuts will continue...
Commodity News 7 days ago
OPEC+ Affirms Commitment to Oil Cuts, Defers Decision to Extend
OPEC+ Affirms Commitment to Oil Cuts, Defers Decision to Extend
© Bloomberg. Thamir Abbas Al Ghadhban Photographer: Stefan Wermuth/Bloomberg (Bloomberg) -- Saudi Arabia led fellow members...
Commodity News 7 days ago
OPEC to scrap April meeting but keep oil cuts in place
OPEC to scrap April meeting but keep oil cuts in place
© Reuters. FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen outside their headquarters in Vienna...
Commodity News 7 days ago
Russia Takes Wait and See Approach to OPEC+ Cuts Extension
Russia Takes Wait and See Approach to OPEC+ Cuts Extension
© Bloomberg. A flare stack burns beyond oil storage tanks at the Taneco Oil Refining and Petrochemical complex, operated by Tatneft PJSC, in Nizhnekams...
Commodity News 1 weeks ago (03-18)
Oil dips on weak economic outlook, but OPEC-led cuts still support
Oil dips on weak economic outlook, but OPEC-led cuts still support
© Reuters. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary By Henning Gloystein SINGAPORE (Reuters) - Oil pr...
Commodity News 1 weeks ago (03-18)
Saudi signals OPEC may need to extend oil cuts until end-2019
Saudi signals OPEC may need to extend oil cuts until end-2019
© Reuters. FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen outside their headquarters in Vienna...
Commodity News 1 weeks ago (03-18)
Russia's Novak says talks needed in May to decide OPEC+ next steps
Russia's Novak says talks needed in May to decide OPEC+ next steps
© Reuters. Russian Energy Minister Novak attends Russian Energy Week forum in Moscow MOSCOW (Reuters) - Russian Energy Mini...
Commodity News 1 weeks ago (03-18)
Saudi Falih optimistic on continued commitment to OPEC+ oil supply cut
Saudi Falih optimistic on continued commitment to OPEC+ oil supply cut
© Reuters. FILE PHOTO: Saudi Arabia's Energy Minister Khalid al-Falih speaks during the Saudi-India Forum in New Delhi BAKU...
Commodity News 1 weeks ago (03-17)
OPEC's Barkindo says rebound in oil investments 'very minimal'
OPEC's Barkindo says rebound in oil investments 'very minimal'
© Reuters. FILE PHOTO: OPEC Secretary General Mohammed Barkindo seen during his visit to Abuja, Nigeria By Nailia Bagirova...
Commodity News 1 weeks ago (03-17)
Crude Oil Prices Touches New 2019 High As OPEC Supply Doubts Remain
Crude Oil Prices Touches New 2019 High As OPEC Supply Doubts Remain
Crude Oil Price Forecast Talking Points: The ONE Thing: Volatility continues to fall in the crude oil market, and traders who look at the charts may continue t...
Expert Analysis 1 weeks ago (03-16)
Oil prices stable amid sanctions and OPEC cuts, but economic concerns drag
Oil prices stable amid sanctions and OPEC cuts, but economic concerns drag
© Reuters. FILE PHOTO: Drilling rigs in the Cromarty Firth near Invergordon, Scotland By Henning Gloystein SINGAPORE (Reute...
Commodity News 1 weeks ago (03-15)
Oil Prices Rise to 4-Month High on OPEC Supply Cuts, Drop in U.S. Output
Oil Prices Rise to 4-Month High on OPEC Supply Cuts, Drop in U.S. Output
© Reuters. Oil prices rose to four-month highs on Thursday, pushed up by ongoing supply cuts led by OPEC and as data...
Commodity News 2 weeks ago (03-14)
OPEC builds case to keep oil supply cuts as rivals pump more
OPEC builds case to keep oil supply cuts as rivals pump more
© Reuters. FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen outside their headquarters in Vienna...
Commodity News 2 weeks ago (03-14)
Saudis Head to OPEC+ Talks Reluctant to Do Trump's Bidding
Saudis Head to OPEC+ Talks Reluctant to Do Trump's Bidding
2/2 2/2 (Bloomberg) -- Four months ago, Saudi Arabia’s devotion to its decades-old oil partnership with the...
Commodity News 2 weeks ago (03-14)
In Private Talks, OPEC Warns Wall Street on NOPEC
In Private Talks, OPEC Warns Wall Street on NOPEC
© Bloomberg. An oil pumping jack, also known as a 'nodding donkey,' operates in a snow covered oilfield in the village of Otrada, 150kms from Ufa, Russ...
Commodity News 2 weeks ago (03-13)
United Arab Emirates exceeded OPEC target cuts in February: energy minister
United Arab Emirates exceeded OPEC target cuts in February: energy minister
© Reuters. FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen outside their headquarters in Vienna...
Commodity News 2 weeks ago (03-13)
Oil Ticks up Again; Venezuela Crisis a Bonus for OPEC Hawks
Oil Ticks up Again; Venezuela Crisis a Bonus for OPEC Hawks
© Reuters. By Barani Krishnan The ticking time bomb that's Venezuela is giving oil traders shivers and OPEC a bonus r...
Commodity News 2 weeks ago (03-13)
Canadian crude exports by rail uneconomic amid output cuts: Suncor executive
Canadian crude exports by rail uneconomic amid output cuts: Suncor executive
2/2 © Reuters. FILE PHOTO: A Suncor refinery is seen in Sherwood Park 2/2 HOUSTON (Reuters) - Canada's...
Commodity News 2 weeks ago (03-13)
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