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$100 oil isn't as painful as it used to be

$100 OIL ISN'T AS PAINFUL AS IT USED TO BE

Andrew Burton/Getty In the past, high oil prices weighed on the US economy but the shale revolution has made the US one of the largest...

If Saudi Arabia decides to increase oil production it could kill OPEC

IF SAUDI ARABIA DECIDES TO INCREASE OIL PRODUCTION IT COULD KILL OPEC

Ali Jarekji/Reuters If Saudi Arabia increases oil production following President Donald Trump's decision to pull out of the Iran nuclear...

 
 
 
Oil rallies to a 3-year high

OIL RALLIES TO A 3-YEAR HIGH

Markets Insider Brent was up more than 1.5%, and West Texas Intermediate was up nearly 1% on Monday afternoon. Crude prices had been...

Oil tumbles off 3-year highs after Trump takes a jab at OPEC

OIL TUMBLES OFF 3-YEAR HIGHS AFTER TRUMP TAKES A JAB AT OPEC

Oil has been rallying this week, but slipped on Thursday following President Donald Trump's criticism of OPEC. Crude fell more than...

 
 
 
Oil is closing in on $70 for first time in over 3 years

OIL IS CLOSING IN ON $70 FOR FIRST TIME IN OVER 3 YEARS

Markets Insider Oil was up about 1% Wednesday morning, trading close to $70. The last time West Texas Intermediate cracked that level...

It looks like oil is about to surge

IT LOOKS LIKE OIL IS ABOUT TO SURGE

The US oil production has been said to be causing prices to fall. Some analyst think demand is so strong, the supply the US is adding...

 
 
 
Here's who could lend the US Treasury the $3 trillion it needs in the next 3 years

HERE'S WHO COULD LEND THE US TREASURY THE $3 TRILLION IT NEEDS IN THE NEXT 3 YEARS

Joshua Roberts/Reuters The US Treasury Department estimates that it will need to borrow around $1 trillion a year for the next three...

Russian visitors to GCC to increase 38% by 2020

RUSSIAN VISITORS TO GCC TO INCREASE 38% BY 2020

Looking at the economic drivers, the value of the Russian rouble is stable and firming gradually, helped by Russia's decision to join...

 
 
 
Oil Prices Higher, Up 19% Year-over-year

OIL PRICES HIGHER, UP 19% YEAR-OVER-YEAR

From Bloomberg: Crude Oil Prices Are Up 49%, and It's Not All Thanks to OPEC The bottom line: A 49 percent surge in benchmark North...

US shale to surge after OPEC extension

US SHALE TO SURGE AFTER OPEC EXTENSION

Just as expected: OPEC and the group of non-OPEC countries led by Russia extended their production cuts for an additional nine months...

 
 
 
Oil prices jump as Russia & OPEC agree to extend production cut to end of 2018

OIL PRICES JUMP AS RUSSIA & OPEC AGREE TO EXTEND PRODUCTION CUT TO END OF 2018

The Organization of the Petroleum Exporting Countries and non-OPEC producers led by Russia have decided to prolong oil output cuts...

OPEC, allies extend production cut through 2018

OPEC, ALLIES EXTEND PRODUCTION CUT THROUGH 2018

VIENNA - The oil ministers from the OPEC cartel and a group of non-OPEC partners agreed Thursday to extend crude output cuts until...

 
 
 
OPEC poised to extend oil production cuts to support prices

OPEC POISED TO EXTEND OIL PRODUCTION CUTS TO SUPPORT PRICES

VIENNA - Key OPEC oil ministers expressed preference Thursday for extending crude output cuts until the end of next year, strengthening...

Asian stocks fall after tech slide pulls down Wall Street

ASIAN STOCKS FALL AFTER TECH SLIDE PULLS DOWN WALL STREET

BEIJING - Asian stock markets declined Thursday after U.S. tech stocks fell and China reported stronger manufacturing as investors...

 
 
 
Why Saudi Arabia's crackdown sent oil prices soaring

WHY SAUDI ARABIA'S CRACKDOWN SENT OIL PRICES SOARING

A power-play by the most powerful man in Saudi Arabia took place over the weekend, with big repercussions for the future of the country...

There's one big question mark hanging over OPEC heading into 2018

THERE'S ONE BIG QUESTION MARK HANGING OVER OPEC HEADING INTO 2018

Sergei Karpukhin/Reuters The Saudi oil minister, Khalid al-Falih, has worked hard over the past year to get the majority of the world's...

 
 
 
How the hurricanes hurt OPEC

HOW THE HURRICANES HURT OPEC

REUTERS/Rick Wilking Hurricane Irma was downgraded to a tropical storm early Monday, although it is still bringing floods and damage...

Hurricane Harvey poses huge challenges for OPEC

HURRICANE HARVEY POSES HUGE CHALLENGES FOR OPEC

Carlos Garcia Rawlins/Reuters The skies are clearing over Houston, but the damage from the remaining elements of Hurricane Harvey has...

 
 
 
Oil surges to 2-mth high on US stock draw & possible Venezuela sanctions

OIL SURGES TO 2-MTH HIGH ON US STOCK DRAW & POSSIBLE VENEZUELA SANCTIONS

Crude oil prices extended last week's gains on Monday, buoyed by signs of slowing American production and the possibility of US sanctions...

OPEC, non-OPEC oil output cuts compliance nears 100% - Russian energy minister

OPEC, NON-OPEC OIL OUTPUT CUTS COMPLIANCE NEARS 100% - RUSSIAN ENERGY MINISTER

Major global oil producers have almost fully complied with the crude production cut deal over the last six month, Russian Energy Minister...