OPEC News

Oil prices dip as supply remains ample despite output cuts
Oil prices dip as supply remains ample despite output cuts
Reuters. FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing                ...
Commodity News 1 years ago (2017-05-18)
Crude prices hold weaker in Asia on Trump, look to output cut meeting
Crude prices hold weaker in Asia on Trump, look to output cut meeting
© Reuters. Crude down in Asia Crude held slightly weaker in Asia on Thursday as investors turned cautious on poli...
Commodity News 1 years ago (2017-05-18)
Crude falls in Asia on U.S. risk views, output cut details awaited
Crude falls in Asia on U.S. risk views, output cut details awaited
© Reuters. Crude down in Asia Crude dipped in Asia on Thursday as investors turned cautious on political risk aft...
Commodity News 1 years ago (2017-05-18)
In America's largest oilfield, whir of activity confounds OPEC
In America's largest oilfield, whir of activity confounds OPEC
Reuters. Aerial view of oil wells seen near Midland By Ernest Scheyder LEA COUNTY, N.M. (Reuters) - As oilfield work...
Commodity News 1 years ago (2017-05-17)
Oil rallies 2% as Saudis, Russia back output cuts until March 2018
Oil rallies 2% as Saudis, Russia back output cuts until March 2018
© Reuters. Oil rallies as Saudis, Russia back output cuts until March 2018 Oil prices rallied in European trading...
Commodity News 1 years ago (2017-05-15)
Forex Market Review (Asian Session) – Dollar under pressure; oil jumps on hopes of extending OPEC deal
Forex Market Review (Asian Session) – Dollar under pressure; oil jumps on hopes of extending OPEC deal
The dollar came under pressure against most major counterparts but rose against the yen. Oil prices jumped higher on expectati...
Institution Opinions 1 years ago (2017-05-15)
Russia, Saudi Arabia agree to extend oil output cuts until March 2018
Russia, Saudi Arabia agree to extend oil output cuts until March 2018
Reuters. Saudi Arabia's Energy Minister Khalid al-Falih and Russia's Energy Minister Alexander Novak attend a joint briefing in Beijing...
Commodity News 1 years ago (2017-05-15)
Crude rebounds in Asia on output cut extension views, China data weaker
Crude rebounds in Asia on output cut extension views, China data weaker
© Reuters. Crude gains in Asia Crude prices staged a minor rebound in ASia on Monday on hopes for an despite weak...
Commodity News 1 years ago (2017-05-15)
Oil stable on expectations of extended OPEC-led production cut
Oil stable on expectations of extended OPEC-led production cut
Reuters. A man walks in front of Novokuibyshevsk refinery near the city of Samara By Henning Gloystein SINGAPORE (Re...
Commodity News 1 years ago (2017-05-15)
OPEC sees more oil supply outside the group, countering its cuts
OPEC sees more oil supply outside the group, countering its cuts
Reuters. FILE PHOTO: A pumpjack brings oil to the surface in the Monterey Shale By Alex Lawler LONDON (Reuters) - O...
Commodity News 1 years ago (2017-05-12)
Oil extends rebound as OPEC hints at supply cuts beyond 2017
Oil extends rebound as OPEC hints at supply cuts beyond 2017
© Reuters. Oil prices extend rebound off 4-month lows Oil prices were higher in European trading on Tuesday, exte...
Commodity News 1 years ago (2017-05-09)
Oil prices edge up in anticipation of extended crude output cut
Oil prices edge up in anticipation of extended crude output cut
Reuters. A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma By Hen...
Commodity News 1 years ago (2017-05-09)
Oil fluctuates as traders weigh U.S. shale output, OPEC-led cuts
Oil fluctuates as traders weigh U.S. shale output, OPEC-led cuts
© Reuters. Oil prices struggle for direction Oil prices swung between gains and losses in North American trading...
Commodity News 1 years ago (2017-05-08)
OPEC, non-OPEC discuss extending supply cut by nine months or more: sources
OPEC, non-OPEC discuss extending supply cut by nine months or more: sources
Reuters. FILE PHOTO: Pump jacks are seen at the Lukoil owned Imilorskoye oil field outside the Siberian city of Kogalym...
Commodity News 1 years ago (2017-05-08)
Time to focus on OPEC now that France is out of sight?
Time to focus on OPEC now that France is out of sight?
Investors have arrived in full force to exploit the opportunity to sell the Euro at its highest level since November 2016, with the EURUSD now appearing at risk...
Institution Opinions 1 years ago (2017-05-08)
Brimming U.S. oil storage tanks to feel OPEC cuts last
Brimming U.S. oil storage tanks to feel OPEC cuts last
Reuters. An oil derrick and wind turbines stand above the plains north of Amarillo, Texas By Julia Simon and Devika...
Commodity News 1 years ago (2017-05-08)
Forex market: Oil prices rise on expectation of output cut extension
Forex market: Oil prices rise on expectation of output cut extension
SINGAPORE (Reuters) - Oil prices rose on Monday on a growing conviction that an OPEC-led production cut initially scheduled to end in June would be extended to...
Commodity News 1 years ago (2017-05-08)
Consensus emerging for OPEC, non-OPEC to extend output pact: Saudi governor
Consensus emerging for OPEC, non-OPEC to extend output pact: Saudi governor
Reuters. A flag with the OPEC logo is seen before a news conference in Vienna DUBAI (Reuters) - There is an emerging...
Commodity News 1 years ago (2017-05-05)
Crude futures settle nearly 5% lower; gains from OPEC-led deal erased
Crude futures settle nearly 5% lower; gains from OPEC-led deal erased
© Reuters. Crude prices plunged 5% on Thursday Investing.com – Crude futures settled 5% lower on Thursday,...
Commodity News 1 years ago (2017-05-05)
OPEC likely to extend output pact, bigger oil cut unlikely: delegates
OPEC likely to extend output pact, bigger oil cut unlikely: delegates
Reuters. FILE PHOTO: A flag with the OPEC logo is seen before a news conference in Vienna By Alex Lawler and Rania E...
Commodity News 1 years ago (2017-05-05)
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