OPEC. Latest news


  1. OPEC and Russia have failed to fix the epic oil glut

    CNNMoney - Markets 05.26 / 14:51 money.cnn.com
    OPEC and Russia want to mop up the massive oil glut keeping a lid on prices. So far, their strategy isn't…
  2. OPEC oil cut extension renews Asia’s crude supply worries

    Financialexpress.com - Industries 05.26 / 14:24 financialexpress.com
    In Vienna, the Organization of the Petroleum Exporting Countries (OPEC) and some non-OPEC producers on Thursday extended a pledge to cut 1.8 million barrels per day (bpd) of output until the end of the first quarter of 2018. The post OPEC oil cut extension renews Asia’s crude supply worries appeared first on The Financial …
  3. Russia's Novak sees room to do more for oil after OPEC flop

    Worldoil.com - Russia 05.26 / 13:32 worldoil.com
    After top oil exporters failed to impress markets with their extended supply cuts, Russia’s Alexander Novak said there’s more they can do…
  4. Opec 'not concerned' by Donald Trump's proposal to sell US strategic petroleum reserves

    Ibtimes.co.uk -World 05.26 / 12:07 www.ibtimes.co.uk
    US President's plan to sell half of his country's crude oil reserves fails to unnerve Opec…
  5. OPEC, non-OPEC alliance not strong enough to limit North America

    Upi.com -Energy 05.26 / 11:56 www.upi.com
    The alliance between OPEC and non-OPEC producers is strong, but not strong enough to derail production momentum from North America, analysis…
  6. Asean stocks soft as Opec-led supply cut extension disappoints

    Bangkokpost.com - Business 05.26 / 11:36 bangkokpost.com
    Southeast Asian shares ended flat to lower on Friday tracking weakness in Asian peers after an Opec-led decision to extend output cut fell short of expectations, triggering a sell-off in energy…
  7. Asean stocks soft as Opec-led supply cut extension disappoints

    Bangkokpost.com - Thailand 05.26 / 11:36 bangkokpost.com
    Southeast Asian shares ended flat to lower on Friday tracking weakness in Asian peers after an Opec-led decision to extend output cut fell short of expectations, triggering a sell-off in energy…
  8. OPEC cuts not enough for investors

    Dw.com - Business 05.26 / 11:09 dw.com
    Energy firms take a hit after OPEC members agree to less than expected curbs on future oil production. Traders were looking for deeper and more long-term cuts to help stabilize the oil…
  9. SE Asia stocks soft as Opec-led supply cut extension disappoints

    Bangkokpost.com - Business 05.26 / 11:03 bangkokpost.com
    Southeast Asian shares ended flat to lower on Friday tracking weakness in Asian peers after an Opec-led decision to extend output cut fell short of expectations, triggering a sell-off in energy…
  10. OPEC news triggers, gold fluctuates

    Futuresmag.com - Markets 05.26 / 10:13 futuresmag.com
    A daily summary of high-profile members of several…
  11. Crude rebounds ahead of OPEC meeting conclusion

    Futuresmag.com - Markets 05.26 / 10:13 futuresmag.com
    Crude oil prices have recovered from their earlier lows but were still in the red at the time of this writing, as investors awaited the conclusion of the OPEC meeting in Vienna. According to media reports, the cartel has agreed to extend its production curbs for nine months. The decision is expected to be ratified by some non-OPEC participants, including Russia. Saudi Arabia’s energy minister, Khalid al Falih, has already dismissed suggestions that deeper cuts would be n…
  12. Oil edges up after dip on disappointing OPEC meeting outcome

    CNBC - Stocks 05.26 / 10:00 cnbc.com
    Some investors were tempted back to a market that tumbled five percent in the previous…
  13. Futures point to mixed open on Wall Street; oil prices on the move after OPEC deal

    CNBC - Stocks 05.26 / 10:00 cnbc.com
    U.S. stock index futures pointed to a mixed open on Friday morning as traders appeared to move away from riskier assets amid fluctuating oil…
  14. OPEC oil cut extension renews Asia's crude oil supply worries

    In Vienna, the Organization of the Petroleum Exporting Countries (OPEC) and some non-OPEC producers on Thursday extended a pledge to cut 1.8 million barrels per day (bpd) of output until the end of the first quarter of…
  15. OPEC decision stabilizes oil prices, but for how long?

    Cbc.ca - Business 05.26 / 09:21 www.cbc.ca
    The cartel's extension of oil-production cuts is for nine months, but after that opinions vary about whether oil prices will take off or start slumping yet again — two possibilities that would have a major impact on Alberta's r…
  16. OPEC members agree on 9 month oil cuts extension

    Irna.ir - Finance 05.26 / 09:11 irna.ir
    Tehran, May 26, IRNA – OPEC (Organization of the Petroleum Exporting Countries) member states in their 172nd meeting in Vienna on Thursday agreed to extend production cuts for nine m…
  17. Asian energy firms sink as OPEC output deal disappoints

    Energy firms took a hit on Friday after crude prices plunged almost five percent the previous day as traders were left disappointed by OPEC's latest output…
  18. Oil stems sharp declines as Opec decision disappoints market

    Ibtimes.co.uk -World 05.26 / 07:45 www.ibtimes.co.uk
    Both Brent and West Texas Intermediate contract shed 5% overnight before staging a minor…
  19. Asia: Markets mostly down after underwhelming Opec decision

    Ibtimes.co.uk -World 05.26 / 06:48 www.ibtimes.co.uk
    Investors were disappointed by Opec's decision for supply cut…
  20. Oil prices waver narrowly amid OPEC speculation

    Balita.ph - Business/Economy 05.26 / 06:42 balita.ph
    NEW YORK, Oct. 5 — Oil prices ended slightly lower Tuesday, as traders continued to assess the impact of a preliminary deal on output by the Organization of the Petroleum Exporting Countries (OPEC). Oil prices gained about 10 percent in the past five sessions after the OPEC reached an agreement last Wednesday to ceil oil…