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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...

 
 
 
More Oil From OPEC May Not Mean Relief At The Gas Pumps Anytime Soon

MORE OIL FROM OPEC MAY NOT MEAN RELIEF AT THE GAS PUMPS ANYTIME SOON

Drivers might be cheering OPEC's decision to increase oil production, but analysts say the extra supply isn't expected to drive gasoline...

Win-win deal for Russia & Saudi Arabia: OPEC agrees to ramp up production

WIN-WIN DEAL FOR RUSSIA & SAUDI ARABIA: OPEC AGREES TO RAMP UP PRODUCTION

OPEC and non-member allies led by Russia have agreed to raise oil production by a million barrels per day. It can be regarded as a...

 
 
 
The Dow falls for an 8th straight day

THE DOW FALLS FOR AN 8TH STRAIGHT DAY

Thomson Reuters Stocks fell Thursday, with the Dow Jones industrial average declining for an eighth straight day, as trade tensions...

OPEC is gearing up to hike oil production during what could be a 'contentious' meeting

OPEC IS GEARING UP TO HIKE OIL PRODUCTION DURING WHAT COULD BE A 'CONTENTIOUS' MEETING

In efforts to tackle a global oil glut, OPEC and other supply-cutting nations have been coordinating output levels. After a months-long...

 
 
 
Oil slides as OPEC closes in on a production increase

OIL SLIDES AS OPEC CLOSES IN ON A PRODUCTION INCREASE

Oil was down more than 1% early Thursday. OPEC members and other producers appear closer to reaching a deal to raise output at the...

Trump bashes OPEC for ‘high' oil prices

TRUMP BASHES OPEC FOR ‘HIGH' OIL PRICES

President Trump complained Wednesday that oil prices are too high and blamed the spike on OPEC, the group of 14 nations that controls...

 
 
 
Oil falls after US crude inventories unexpectedly rise

OIL FALLS AFTER US CRUDE INVENTORIES UNEXPECTEDLY RISE

Reuters/Jim Urquhart Oil was down Wednesday after reported increases in US crude inventories. Meanwhile, OPEC is considering raising...

Oil prices plunge on signs that Russia & Saudi Arabia may increase production

OIL PRICES PLUNGE ON SIGNS THAT RUSSIA & SAUDI ARABIA MAY INCREASE PRODUCTION

Crude prices dropped on Monday following indications that Russia and Saudi Arabia may revive oil production, which was halted as part...