Search

'US crude continues to be an unstoppable force': Here's a simple guide to navigating the oil market in 2019

'US CRUDE CONTINUES TO BE AN UNSTOPPABLE FORCE': HERE'S A SIMPLE GUIDE TO NAVIGATING THE OIL MARKET IN 2019

It's been an especially volatile year in the energy market. Key factors at play next year include Iran sanctions, OPEC, economic growth,...

Cha-ching! OPEC+ deal adds extra $120 billion to Russia's coffers, energy minister says

CHA-CHING! OPEC+ DEAL ADDS EXTRA $120 BILLION TO RUSSIA'S COFFERS, ENERGY MINISTER SAYS

Russia has earned nearly $120 billion in additional revenue thanks to the production-cut pact signed between the members of the Organization...

 
 
 
Oil surges after OPEC and Russia agree to production cut

OIL SURGES AFTER OPEC AND RUSSIA AGREE TO PRODUCTION CUT

OPEC+ and Russia have agreed an output cut to crude oil, sending prices surging after a week of uncertainty. Brent crude rose as much...

Oil Prices Jump After OPEC Agrees To Bigger-Than-Expected Production Cut

OIL PRICES JUMP AFTER OPEC AGREES TO BIGGER-THAN-EXPECTED PRODUCTION CUT

Ignoring pressure from President Trump to keep the oil flowing, OPEC, Russia and other producers have agreed to cut production. They...

 
 
 
OPEC ministers, Russia, meeting for oil production cut talks

OPEC MINISTERS, RUSSIA, MEETING FOR OIL PRODUCTION CUT TALKS

VIENNA - OPEC countries are mulling a possible cut to oil production in an attempt to stabilize prices as they meet for a second straight...

Russia & OPEC poised to cut oil production despite US pressure

RUSSIA & OPEC POISED TO CUT OIL PRODUCTION DESPITE US PRESSURE

The Organization of the Petroleum Exporting Countries and major oil producers lead by Russia are expected to agree on Thursday on price-boosting...

 
 
 
Qatar Will Pull Out Of OPEC, As Rift With Saudi Arabia Deepens

QATAR WILL PULL OUT OF OPEC, AS RIFT WITH SAUDI ARABIA DEEPENS

Qatar made the announcement early Monday - the same day it informed OPEC it is withdrawing from the group. The country says it wants...

Oil prices crash to their lowest level of 2018 despite Saudi Arabia's proposed production cut

OIL PRICES CRASH TO THEIR LOWEST LEVEL OF 2018 DESPITE SAUDI ARABIA'S PROPOSED PRODUCTION CUT

Brent crude hits lowest price since December 2017. OPEC is set to meet on December 6th to discuss supply concerns. Weaker global growth...

 
 
 
Energy stocks get whacked after OPEC says oil is 'well supplied'

ENERGY STOCKS GET WHACKED AFTER OPEC SAYS OIL IS 'WELL SUPPLIED'

OPEC said Thursday that the oil market was "well supplied", and downgraded its global demand forecast. Brent crude dropped 3% on the...

The US's biggest oil companies are joining the 'climate OPEC'

THE US'S BIGGEST OIL COMPANIES ARE JOINING THE 'CLIMATE OPEC'

US oil giants ExxonMobil , Chevron , and Occidental Petroleum are joining the 'climate OPEC'. The move marks a reversal for these companies...

 
 
 
OPEC, Russia Refuse To Boost Oil Production, Despite Trump's Demands

OPEC, RUSSIA REFUSE TO BOOST OIL PRODUCTION, DESPITE TRUMP'S DEMANDS

From Tyler Durden : Less than three months after Trump's latest tweet slamming OPEC, in which he warned the petroleum cartel that it...

OPEC, allies agree not to further increase oil production

OPEC, ALLIES AGREE NOT TO FURTHER INCREASE OIL PRODUCTION

ALGIERS, Algeria - A meeting of OPEC and its allies ended without any decision to further increase oil output despite President Donald...

 
 
 
Trump accuses 'OPEC monopoly' of pushing oil prices higher, and says 'they must get oil prices down now!'

TRUMP ACCUSES 'OPEC MONOPOLY' OF PUSHING OIL PRICES HIGHER, AND SAYS 'THEY MUST GET OIL PRICES DOWN NOW!'

President Donald Trump tweeted that oil prices are too high, and called for the "OPEC monopoly" to "get prices down!" Trump seems to...

Oil jumps as war of words between US and Iran leaves traders on edge

OIL JUMPS AS WAR OF WORDS BETWEEN US AND IRAN LEAVES TRADERS ON EDGE

Oil spiked more than 1.5% on Monday. OPEC production hit its highest level of the year, but US-Iran relations are keeping traders on...

 
 
 
Trump May Release Oil From U.S. Reserves To Combat Rising Prices

TRUMP MAY RELEASE OIL FROM U.S. RESERVES TO COMBAT RISING PRICES

From Tyler Durden : Having already yelled at OPEC on several prior occasions on Twitter with demands for Saudi Arabia and the rest...

Saudi Arabia slashes oil prices after Trump slams the 'OPEC monopoly'

SAUDI ARABIA SLASHES OIL PRICES AFTER TRUMP SLAMS THE 'OPEC MONOPOLY'

Saudi Arabia cut pricing for August sales of light oil to Asia. That is the first price reduction in four months. Follow oil prices...

 
 
 
Iran tells Trump: Stop tweeting, it's driving up oil prices

IRAN TELLS TRUMP: STOP TWEETING, IT'S DRIVING UP OIL PRICES

US President Donald Trump has been attacking OPEC for keeping oil prices artificially high - but officials in Iran insist that Trump's...

Trump tells OPEC to reduce oil prices ‘now'

TRUMP TELLS OPEC TO REDUCE OIL PRICES ‘NOW'

President Trump blasted OPEC on Twitter Wednesday for “doing little to help” rising gas prices - saying “if anything, they are driving...

 
 
 
Gas prices could soar even though OPEC is going to start pumping out a lot more oil

GAS PRICES COULD SOAR EVEN THOUGH OPEC IS GOING TO START PUMPING OUT A LOT MORE OIL

Joe Raedle/Getty Images OPEC raised production levels, b ut oil prices are still rising. Gas prices could rise as a result. Nearly...

Oil is sliding after OPEC cuts a deal to raise production

OIL IS SLIDING AFTER OPEC CUTS A DEAL TO RAISE PRODUCTION

AP/Ronald Zak Oil fell nearly 2% early Monday. OPEC and other countries who coordinate output with the group agreed to raise production. Follow...