OPEC News

Oil Dips Ahead of U.S. Stockpiles Data as OPEC Cuts Lose Sizzle
Oil Dips Ahead of U.S. Stockpiles Data as OPEC Cuts Lose Sizzle
© Reuters. By Barani Krishnan Move aside, OPEC, it's back to U.S. crude stockpiles for now. Oil prices went from more...
Commodity News 2 days ago
Oil Rises as OPEC Signal on Output Curbs Counters Trade Risk
Oil Rises as OPEC Signal on Output Curbs Counters Trade Risk
Bloomberg. Khalid Al-Falih Photographer: Mohammed Al-Nemer/Bloomberg (Bloomberg) -- Oil rose on signs OPEC and its allies...
Commodity News 2 days ago
Oil Climbs as OPEC Signal on Output Curbs Overshadows Trade Risk
Oil Climbs as OPEC Signal on Output Curbs Overshadows Trade Risk
Bloomberg. Khalid Al-Falih Photographer: Mohammed Al-Nemer/Bloomberg (Bloomberg) -- Oil rose for a second day on signs OPE...
Commodity News 2 days ago
Oil prices rise on rising Middle East tension, ongoing OPEC supply cut
Oil prices rise on rising Middle East tension, ongoing OPEC supply cut
Reuters. FILE PHOTO: A view shows a drilling rig in the Irkutsk Oil Company-owned Yarakta Oil Field in Irkutsk Region By...
Commodity News 2 days ago
Oil off Highs as Russians Differ With Saudis on Output Cuts
Oil off Highs as Russians Differ With Saudis on Output Cuts
© Reuters. By Barani Krishnan Sometimes the best ally can only be a little better than the enemy. Saudi Energy Minist...
Commodity News 3 days ago
Saudis Talk Tough at OPEC+, But Oil Market Remembers 2018 U-Turn
Saudis Talk Tough at OPEC+, But Oil Market Remembers 2018 U-Turn
Bloomberg. A crew man stands on the deck of the crude oil tanker 'Devon' as it sails through the Persian Gulf towards Kharq Island oil terminal to tr...
Commodity News 3 days ago
OPEC Signals Intention to Keep Limits on Oil Supply All Year
OPEC Signals Intention to Keep Limits on Oil Supply All Year
Bloomberg. An employee collects a sample of light refined diesel fuel for quality control testing at a facility in the Duna oil refinery, operated by...
Commodity News 3 days ago
Oil Prices Jump as OPEC Signals Continued Production Cuts
Oil Prices Jump as OPEC Signals Continued Production Cuts
© Reuters. Oil prices jumped on Monday in Asia after OPEC+ members indicated intentions to maintain production cuts fo...
Commodity News 3 days ago
Oil jumps as Saudi Arabia suggests OPEC+ to keep production cut plan
Oil jumps as Saudi Arabia suggests OPEC+ to keep production cut plan
Reuters. Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang By Colin Packham SYDNEY (Reut...
Commodity News 3 days ago
Exclusive: Saudi's Falih says not sure there is oil shortage, OPEC will act
Exclusive: Saudi's Falih says not sure there is oil shortage, OPEC will act
Reuters. Saudi Minister of Energy Khalid al-Falih speaks during financial sector conference in Riyadh JEDDAH, Saudi Arabi...
Commodity News 5 days ago
OPEC+ Grapples With Iran Crisis as Ministers Meet in Jeddah
OPEC+ Grapples With Iran Crisis as Ministers Meet in Jeddah
© Reuters. OPEC+ Grapples With Iran Crisis as Ministers Meet in Jeddah (Bloomberg) -- When OPEC and its allies gather...
Commodity News 1 weeks ago (05-16)
OPEC sees more 2019 demand for its oil as it keeps cutting output
OPEC sees more 2019 demand for its oil as it keeps cutting output
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 (05-14)
Oil supply crunch to test OPEC's spare capacity
Oil supply crunch to test OPEC's spare capacity
Reuters. FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen inside their headquarters in Vienna...
Commodity News 1 weeks ago (05-13)
Oil Prices Steady as Lower OPEC Output Outweighs Trade Tension
Oil Prices Steady as Lower OPEC Output Outweighs Trade Tension
© Reuters. Oil prices held steady on Thursday as reports that OPEC production levels were keeping supply tight outwei...
Commodity News 2 weeks ago (05-10)
OPEC in the dark on oil supply as Russia, Iran cut exports
OPEC in the dark on oil supply as Russia, Iran cut exports
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 (05-09)
Iran’s Oil Minister Warns That OPEC Collapse Is Likely
Iran’s Oil Minister Warns That OPEC Collapse Is Likely
Bloomberg. Bijan Namdar Zanganeh, Iran's petroleum minister. Photographer: Akos Stiller/Bloomberg (Bloomberg) -- Iran&rsqu...
Commodity News 3 weeks ago (05-03)
OPEC's Barkindo says impossible to eliminate Iranian oil from market: SHANA
OPEC's Barkindo says impossible to eliminate Iranian oil from market: SHANA
Reuters. OPEC Secretary General Barkindo speaks during a session of the Russian Energy Week international forum in Moscow...
Commodity News 3 weeks ago (05-02)
OPEC tries to depoliticize oil, Barkindo says in Tehran
OPEC tries to depoliticize oil, Barkindo says in Tehran
Reuters. OPEC Secretary General Barkindo speaks during a session of the Russian Energy Week international forum in Moscow...
Commodity News 3 weeks ago (05-02)
OPEC's Volatile Politics Led to Steady Oil Production Last Month
OPEC's Volatile Politics Led to Steady Oil Production Last Month
Bloomberg. The travelling block hangs beside drill pipes on the derrick of a drill rig during oil drilling operations by Targin JSC, a unit of Sistem...
Commodity News 3 weeks ago (05-01)
Nations using oil as a weapon threatens OPEC: Iran oil minister
Nations using oil as a weapon threatens OPEC: Iran oil minister
Reuters. FILE PHOTO: Iran's Oil Minister Zanganeh talks to journalists at the beginning of an OPEC meeting in Vienna GENE...
Commodity News 3 weeks ago (05-01)
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