OPEC News

Crude Oil Price Sees Weekly Gain on OPEC Persistence, Weak US Dollar
Crude Oil Price Sees Weekly Gain on OPEC Persistence, Weak US Dollar
Fundamental Forecast for USOIL: Neutral Talking Points: Crude Oil has fallen from 3-year highs, but fundamentals continue to support trend Per BHI, U.S....
Expert Analysis 23 hours ago
Oil swings back into focus on OPEC alliance
Oil swings back into focus on OPEC alliance
Oil bulls got another thing to cheer about today as Russia and OPEC announced they were looking to draft a long term agreement around an alliance to help contro...
Institution Opinions 2 days ago
Saudis Says OPEC May Need New Way to Count Oil Stockpiles
Saudis Says OPEC May Need New Way to Count Oil Stockpiles
Bloomberg. A worker passes an illuminated oil drilling rig and drill pipes, operated by Rosneft PJSC, in the Samotlor oilfield near Nizhnevartovsk, R...
Commodity News 2 days ago
A year into OPEC's production cuts, Asia's oil markets have tightened
A year into OPEC's production cuts, Asia's oil markets have tightened
Reuters. FILE PHOTO: Supertankers used as floating oil storage vessels off the coast of Johor, Malaysia By Henning Gloyst...
Commodity News 3 days ago
Physical oil market sends warning to OPEC rout might not be over
Physical oil market sends warning to OPEC rout might not be over
Reuters. A flag with the Organization of the Petroleum Exporting Countries (OPEC) logo is seen during a meeting of OPEC and non-OPEC countries in Vi...
Commodity News 4 days ago
IEA Says OPEC Almost Cleared Oil Glut But Shale Risk Looms
IEA Says OPEC Almost Cleared Oil Glut But Shale Risk Looms
2/2 © Bloomberg. Workers connect drill bits and drill collars, used to extract natural petroleum, on Endeavor Energy Resources LP's Big Dog Dri...
Commodity News 4 days ago
OPEC Forecast, China Imports Support Oil In Asian Morning Trade
OPEC Forecast, China Imports Support Oil In Asian Morning Trade
© Reuters. Oil prices continued to recover in morning trade in Asia Oil prices continued to recover in morning trade i...
Commodity News 5 days ago
Crude Oil Prices Settle Higher as OPEC Ups Oil Demand Growth Forecast
Crude Oil Prices Settle Higher as OPEC Ups Oil Demand Growth Forecast
© Reuters. Investing.com – Crude oil prices settled higher as an upbeat OPEC monthly report underlying continue...
Commodity News 5 days ago
Crude Climbs as OPEC Sees Global Demand Trumping Shale's Growth
Crude Climbs as OPEC Sees Global Demand Trumping Shale's Growth
2/2 © Bloomberg. Extracted crude oil splashes on a worker's hand as it's being pours from a pipe in the village of Wonocolo, East Java, Indones...
Commodity News 5 days ago
OPEC President Says Shale Surge Won't Thwart Plan to Clear Glut
OPEC President Says Shale Surge Won't Thwart Plan to Clear Glut
© Reuters. OPEC President Says Shale Surge Won't Thwart Plan to Clear Glut (Bloomberg) -- Surging output of U.S. shale...
Commodity News 6 days ago
Oil prices rise on report of higher U.S. crude stocks, OPEC comment
Oil prices rise on report of higher U.S. crude stocks, OPEC comment
Reuters. FILE PHOTO: An oil pump is seen operating in the Permian Basin near Midland By Henning Gloystein SINGAPORE (Reut...
Commodity News 2 weeks ago (02-07)
Big Banks Accept OPEC Was Right as They Embrace Oil Near $80
Big Banks Accept OPEC Was Right as They Embrace Oil Near $80
Bloomberg. Excess fluid sits on the rim of a barrel of oil based lubricant at Rock Oil Ltd.'s factory in Warrington, U.K., on Monday, March 13, 2017....
Commodity News 2 weeks ago (02-02)
U.S. oil prices extend gains on compliance with output cuts
U.S. oil prices extend gains on compliance with output cuts
Reuters. FILE PHOTO: The Chevron Oil Refinery is seen in Cape Town By Aaron Sheldrick bTOKYO (Reuters) - U.S. oil rose fo...
Commodity News 2 weeks ago (02-02)
Crude Oil Prices Continue to Rise, OPEC Compliance Supports
Crude Oil Prices Continue to Rise, OPEC Compliance Supports
© Reuters. Crude remains supported by U.S. stocks data, OPEC compliance Crude oil prices continued to rise on Thursday...
Commodity News 2 weeks ago (02-02)
Oil extends gains on robust OPEC compliance
Oil extends gains on robust OPEC compliance
Reuters. Storm clouds gather over Shell's Pulau Bukom oil refinery in Singapore TOKYO (Reuters) - U.S. oil prices extende...
Commodity News 2 weeks ago (02-01)
Oil could struggle to top $70 as U.S. output offsets OPEC cuts: Reuters poll
Oil could struggle to top $70 as U.S. output offsets OPEC cuts: Reuters poll
Reuters. FILE PHOTO: Illustration photo of crude oil being dispensed into a bottle By Arpan Varghese and Koustav Samanta...
Commodity News 3 weeks ago (01-31)
Oil Prices Start the Week Near Recent Highs Amid OPEC Optimism
Oil Prices Start the Week Near Recent Highs Amid OPEC Optimism
© Reuters. Oil holds near recent highs Crude prices held near their strongest levels since late 2014 on Monday, amid o...
Commodity News 3 weeks ago (01-29)
Oil markets firm on strong demand, ongoing OPEC-led supply restraint
Oil markets firm on strong demand, ongoing OPEC-led supply restraint
Reuters. FILE PHOTO: A security personnel stands guard at the Yanshan oil refinery of Sinopec Corp. in Beijing By Henning...
Commodity News 3 weeks ago (01-29)
Within Days, Saudis Wobble on Timing of Aramco IPO and OPEC Cuts
Within Days, Saudis Wobble on Timing of Aramco IPO and OPEC Cuts
Bloomberg. Khalid Al-Falih, Saudi Arabia's energy and industry minister, gestures while speaking during a panel session on day two of the World Econo...
Commodity News 3 weeks ago (01-25)
Oil firm on strong economy and OPEC cuts, but traders prepare for downward move
Oil firm on strong economy and OPEC cuts, but traders prepare for downward move
Reuters. A view shows the French oil giant Total refinery in Donges By Henning Gloystein SINGAPORE (Reuters) - Oil prices...
Commodity News 4 weeks ago (01-24)
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