OPEC

Latest articles

30m
San Antonio Express-News
National Oilwell Varco cuts 1,500 jobs, narrows losses... Reuters has reported that Oil prices slipped on Monday as further increase
San Antonio Express-News / Posted 30 minutes ago
... Reuters has reported that Oil prices slipped on Monday as further increases in U.S. drilling activity undercut an OPEC-led push to tighten supply. Trading was subdued due to public holidays in China, the United States and Britain, but... Read more
1h
Geelong Advertiser
Oil rises to highest level since Mayhave risen to an eight-week high, as a rally in US petrol futures spurred furth
Geelong Advertiser / Posted an hour ago
have risen to an eight-week high, as a rally in US petrol futures spurred further gains this week that came after key OPEC members pledged to reduce exports and the US government reported a sharp decline in crude inventories. US petrol... Read more
87 related articles
1h
Weekly Times
Oil rises to highest level since Mayhave risen to an eight-week high, as a rally in US petrol futures spurred furth
Weekly Times / Posted an hour ago
have risen to an eight-week high, as a rally in US petrol futures spurred further gains this week that came after key OPEC members pledged to reduce exports and the US government reported a sharp decline in crude inventories. US petrol... Read more
87 related articles
1h
Herald Sun
Oil rises to highest level since Mayhave risen to an eight-week high, as a rally in US petrol futures spurred furth
Herald Sun / Posted an hour ago
have risen to an eight-week high, as a rally in US petrol futures spurred further gains this week that came after key OPEC members pledged to reduce exports and the US government reported a sharp decline in crude inventories. US petrol... Read more
87 related articles
1h
The Courier Mail
Oil rises to highest level since Mayhave risen to an eight-week high, as a rally in US petrol futures spurred furth
The Courier Mail / Posted an hour ago
have risen to an eight-week high, as a rally in US petrol futures spurred further gains this week that came after key OPEC members pledged to reduce exports and the US government reported a sharp decline in crude inventories. US petrol... Read more
87 related articles
1h
News.com.au
Oil rises to highest level since Mayhave risen to an eight-week high, as a rally in US petrol futures spurred furth
News.com.au / Posted an hour ago
have risen to an eight-week high, as a rally in US petrol futures spurred further gains this week that came after key OPEC members pledged to reduce exports and the US government reported a sharp decline in crude inventories. US petrol... Read more
87 related articles
2h
dna
WORLD NEWS SCHEDULE AT 2200 GMT/6 PM ET @ 3:22:26 AMkill four people during latest opposition-led strike to protest against electio
dna / Posted 2 hours ago
kill four people during latest opposition-led strike to protest against election critics say will mark end of democracy in OPEC nation. (VENEZUELA-POLITICS/ (UPDATE 5, PIX, TV), moving shortly, by Deisy Buitrago and Francisco Aguilar, 700... Read more
3h
Swissinfo
Did JPMorgan Just Compare Stocks Now to 1987?: The Daily Prophetto Bloomberg News' Jessica Summers. Kuwait joined the U.A.E. in promising to pu
Swissinfo / Posted 3 hours ago
to Bloomberg News' Jessica Summers. Kuwait joined the U.A.E. in promising to pump less oil after Saudi Arabia called on OPEC producers to cut more supply. “This market really has a lot going for it at the moment," said John Kilduff, a partner at... Read more
3h
dna
Clashes kill four as Venezuelans protest vote for new congressthe latest opposition-led strike to protest against an election on Sunday criti
dna / Posted 3 hours ago
the latest opposition-led strike to protest against an election on Sunday critics say will mark the end of democracy in the OPEC nation. Many streets remained barricaded and deserted on Thursday, as the nationwide work stoppage entered its second... Read more
67 related articles
4h
Business Standard India
'If Opec members' compliance remains loose, oil may fall upto $42'Shale production got revived due to US producers reducing costs and hedging 201
Business Standard India / Posted 4 hours ago
Shale production got revived due to US producers reducing costs and hedging 2017 production at elevated prices after the Opec and non-Opec deal. And, there is rising production from Opec members whose output was never capped, particularly Libya... Read more
6h
dna
Clashes kill three during Venezuela's anti-Maduro general strikethe latest opposition-led strike to protest against an election on Sunday criti
dna / Posted 6 hours ago
the latest opposition-led strike to protest against an election on Sunday critics say will mark the end of democracy in the OPEC nation. Many streets remained barricaded and deserted on Thursday, as the nationwide work stoppage entered its second... Read more
67 related articles
6h
FOX Business
Oil rises with gasoline futures to highest since Mayto an eight-week high on Thursday, as a rally in U.S. gasoline futures spurred
FOX Business / Posted 6 hours ago
to an eight-week high on Thursday, as a rally in U.S. gasoline futures spurred further gains this week that came after key OPEC members pledged to reduce exports and the U.S. government reported a sharp decline in crude inventories. U.S. gasoline... Read more
87 related articles
6h
FOX Business
Oil rises with gasoline futures to highest since Mayto an eight-week high on Thursday, as a rally in U.S. gasoline futures spurred
FOX Business / Posted 6 hours ago
to an eight-week high on Thursday, as a rally in U.S. gasoline futures spurred further gains this week that came after key OPEC members pledged to reduce exports and the U.S. government reported a sharp decline in crude inventories. Continue... Read more
87 related articles
7h
Eye Witness News
Clashes kill 3 during Venezuela’s anti-Maduro general strikesecond day on Thursday. At least 106 people have died in total during anti-gov
Eye Witness News / Posted 7 hours ago
second day on Thursday. At least 106 people have died in total during anti-government unrest convulsing the South American OPEC nation since the opposition launched protests in April demanding elections to end nearly two decades of socialist... Read more
67 related articles
8h
New Kerala
Saudi Arabia Pivots to a Growing Asia - newkerala news #258002hence the association is but natural. As a leading member of the Organization
New Kerala / Posted 8 hours ago
hence the association is but natural. As a leading member of the Organization of the Petroleum Exporting Countries (OPEC), the country has been instrumental in playing a catalytic role in fulfilling the world's energy security needs. OPEC... Read more
8h
EuroNews
Europe's oil giants recover from three-year slumpof the year by a deal to cut production between members of the Organization of
EuroNews / Posted 8 hours ago
of the year by a deal to cut production between members of the Organization of Petroleum Exporting Countries and some non-OPEC producers. That lifted oil prices above $58 a barrel in January, well above their 2016 low of just $27. But Brent crude... Read more
12 related articles
11h
Reuters
Three dead as Venezuela's anti-Maduro strike goes into second daysaid on Thursday. At least 106 people have died in total during anti-governmen
Reuters / Posted 11 hours ago
said on Thursday. At least 106 people have died in total during anti-government unrest convulsing the South American OPEC nation since the opposition launched protests in April demanding elections to end nearly two decades of socialist... Read more
2 related articles
12h
Reuters
Three dead as Venezuela's anti-Maduro strike goes into second dayNicolas Maduro, the state prosecutor's office said on Thursday. More than 100
Reuters / Posted 12 hours ago
Nicolas Maduro, the state prosecutor's office said on Thursday. More than 100 people have died in total during anti-government unrest convulsing the South American OPEC nation since April. The 48-hour shutdown was in its second day... Read more
2 related articles
12h
Channel NewsAsia
Three dead as Venezuela's anti-Maduro strike goes into second dayoffice said on Thursday. More than 100 people have died in total during anti-g
Channel NewsAsia / Posted 12 hours ago
office said on Thursday. More than 100 people have died in total during anti-government unrest convulsing the South American OPEC nation since April. The 48-hour shutdown was in its second day on Friday. (Writing by Andrew Cawthorne)Source: Reu... Read more
2 related articles
12h
Fortune
Big Oil Is Pulling out of a 3-Year Slumpof the year by a deal to cut production between members of the Organization of
Fortune / Posted 12 hours ago
of the year by a deal to cut production between members of the Organization of Petroleum Exporting Countries and some non-OPEC producers. That lifted oil prices above $58 a barrel in January, well above their 2016 low of just $27. But Brent crude... Read more
12 related articles
15h
Reuters
Europe's oil giants recover from three-year slumpof the year by a deal to cut production between members of the Organization of
Reuters / Posted 15 hours ago
of the year by a deal to cut production between members of the Organization of Petroleum Exporting Countries and some non-OPEC producers. That lifted oil prices above $58 a barrel in January, well above their 2016 low of just $27. But Brent crude... Read more
12 related articles
15h
Brisbane Times
Opec and the oil barons face a slow death by electrificationOpec, Russia and Big Oil thought they had half a century to prepare for the end
Brisbane Times / Posted 15 hours ago
Opec, Russia and Big Oil thought they had half a century to prepare for the end of the internal combustion engine. At best they have a decade before the threat turns deadly serious. The twin announcement by France and Britain - within two weeks of... Read more
218 related articles
15h
The Washington Times
5 reasons for U.S. to support an independent Kurdistanlying beneath Kurdish soil in the north. This is no minor matter, as the combin
The Washington Times / Posted 15 hours ago
lying beneath Kurdish soil in the north. This is no minor matter, as the combined reserves in Iraq are second largest in OPEC. Here’s why this is particularly important: Kurdish energy reserves pumped north through Turkey have the potential to... Read more
15h
WA Today
Opec and the oil barons face a slow death by electrificationOpec, Russia and Big Oil thought they had half a century to prepare for the end
WA Today / Posted 15 hours ago
Opec, Russia and Big Oil thought they had half a century to prepare for the end of the internal combustion engine. At best they have a decade before the threat turns deadly serious. The twin announcement by France and Britain - within two weeks of... Read more
218 related articles
15h
Channel NewsAsia
Europe's oil giants recover from three-year slumpof the year by a deal to cut production between members of the Organization of
Channel NewsAsia / Posted 15 hours ago
of the year by a deal to cut production between members of the Organization of Petroleum Exporting Countries and some non-OPEC producers. That lifted oil prices above US$58 a barrel in January, well above their 2016 low of just US$27. But Brent... Read more
12 related articles
16h
Business Standard India
Oil prices hover near eight-week highs on lower U.S. stocks1 million bpd below its export levels a year earlier. Fellow members of the Or
Business Standard India / Posted 16 hours ago
1 million bpd below its export levels a year earlier. Fellow members of the Organisation of Petroleum Exporting Countries (OPEC) Kuwait and UAE have also promised export cuts. But analysts say oil prices may have little room to head higher as... Read more
87 related articles
18h
Channel NewsAsia
Why record US oil exports are poised for even more growthU.S. crude production has already complicated the ongoing effort by the Organiz
Channel NewsAsia / Posted 18 hours ago
U.S. crude production has already complicated the ongoing effort by the Organization of the Petroleum Exporting Countries (OPEC) to tame a global glut that has halved oil prices since 2014. The United States remains a massive importer of crude oil... Read more
19h
Reuters
Why record U.S. oil exports are poised for even more growthU.S. crude production has already complicated the ongoing effort by the Organiz
Reuters / Posted 19 hours ago
U.S. crude production has already complicated the ongoing effort by the Organization of the Petroleum Exporting Countries (OPEC) to tame a global glut that has halved oil prices since 2014. The United States remains a massive importer of crude oil... Read more
20h
FOX Business
Oil prices hover near 8-week highs1 million bpd below its export levels a year earlier. Fellow members of the Or
FOX Business / Posted 20 hours ago
1 million bpd below its export levels a year earlier. Fellow members of the Organisation of Petroleum Exporting Countries (OPEC) Kuwait and UAE have also promised export cuts. "The narrowing of the global glut is still on track," OCBC said. But... Read more
87 related articles
20h
FOX Business
Oil prices hover near 8-week highs1 million bpd below its export levels a year earlier. Fellow members of the Or
FOX Business / Posted 20 hours ago
1 million bpd below its export levels a year earlier. Fellow members of the Organisation of Petroleum Exporting Countries (OPEC) Kuwait and UAE have also promised export cuts. "The narrowing of the global glut is still on track," OCBC said. But... Read more
87 related articles
22h
Reuters
Oil prices ease, but near eight-week highs on lower U.S stocks1 million bpd below its export levels a year earlier. Fellow members of the Or
Reuters / Posted 22 hours ago
1 million bpd below its export levels a year earlier. Fellow members of the Organisation of Petroleum Exporting Countries (OPEC) Kuwait and UAE have also promised export cuts. "The narrowing of the global glut is still on track," OCBC said. But... Read more
87 related articles
22h
CNBC
Oil prices ease, but near 8-week highs on lower US stocks1 million bpd below its export levels a year earlier. Fellow members of the Or
CNBC / Posted 22 hours ago
1 million bpd below its export levels a year earlier. Fellow members of the Organisation of Petroleum Exporting Countries (OPEC) Kuwait and UAE have also promised export cuts. "The narrowing of the global glut is still on track," OCBC said. But... Read more
87 related articles
22h
Sydney Morning Herald
Opec and the oil barons face a slow death by electrificationOpec, Russia and Big Oil thought they had half a century to prepare for the end
Sydney Morning Herald / Posted 22 hours ago
Opec, Russia and Big Oil thought they had half a century to prepare for the end of the internal combustion engine. At best they have a decade before the threat turns deadly serious. The twin announcement by France and Britain - within two weeks of... Read more
218 related articles
22h
The Age
Opec and the oil barons face a slow death by electrificationOpec, Russia and Big Oil thought they had half a century to prepare for the end
The Age / Posted 22 hours ago
Opec, Russia and Big Oil thought they had half a century to prepare for the end of the internal combustion engine. At best they have a decade before the threat turns deadly serious. The twin announcement by France and Britain - within two weeks of... Read more
218 related articles
1d
The Star
Oil price jumps to near eight-week high after big draw in US crude stocksa boost to prices. "You add geopolitical risk premium for Venezuela, and you've
The Star / Posted yesterday
a boost to prices. "You add geopolitical risk premium for Venezuela, and you've got a strong market." In Venezuela, an OPEC member producing about 2 million bpd of oil, President Nicolas Maduro's opponents launched a two-day national strike to... Read more
87 related articles
1d
Adelaide Now
Oil up to near 8-week high on big US drawa boost to prices. "You add geopolitical risk premium for Venezuela, and you’ve
Adelaide Now / Posted yesterday
a boost to prices. "You add geopolitical risk premium for Venezuela, and you’ve got a strong market." In Venezuela, an OPEC member producing about 2 million bpd of oil, President Nicolas Maduro’s opponents launched a two-day national strike to... Read more
87 related articles
1d
Weekly Times
Oil up to near 8-week high on big US drawa boost to prices. "You add geopolitical risk premium for Venezuela, and you've
Weekly Times / Posted yesterday
a boost to prices. "You add geopolitical risk premium for Venezuela, and you've got a strong market." In Venezuela, an OPEC member producing about 2 million bpd of oil, President Nicolas Maduro's opponents launched a two-day national strike to... Read more
87 related articles
1d
Herald Sun
Oil up to near 8-week high on big US drawa boost to prices. "You add geopolitical risk premium for Venezuela, and you've
Herald Sun / Posted yesterday
a boost to prices. "You add geopolitical risk premium for Venezuela, and you've got a strong market." In Venezuela, an OPEC member producing about 2 million bpd of oil, President Nicolas Maduro's opponents launched a two-day national strike to... Read more
87 related articles
1d
The Courier Mail
Oil up to near 8-week high on big US drawa boost to prices. "You add geopolitical risk premium for Venezuela, and you’ve
The Courier Mail / Posted yesterday
a boost to prices. "You add geopolitical risk premium for Venezuela, and you’ve got a strong market." In Venezuela, an OPEC member producing about 2 million bpd of oil, President Nicolas Maduro’s opponents launched a two-day national strike to... Read more
87 related articles
1d
News.com.au
Oil up to near 8-week high on big US drawa boost to prices. "You add geopolitical risk premium for Venezuela, and you've
News.com.au / Posted yesterday
a boost to prices. "You add geopolitical risk premium for Venezuela, and you've got a strong market." In Venezuela, an OPEC member producing about 2 million bpd of oil, President Nicolas Maduro's opponents launched a two-day national strike to... Read more
87 related articles
1d
Zero Hedge
First Anadarko, Now Whiting: Second Shale Company Slashes CapEx Budgetof the "swing" crude production courtesy of the US shale basin is about to be r
Zero Hedge / Posted yesterday
of the "swing" crude production courtesy of the US shale basin is about to be reduced substantially, in a clear victory for OPEC which has been waiting long for just this day." That said, future pain may be deferred courtesy of WLL's aggressive... Read more
1d
dna
WRAPUP 2-U.S. sanctions Venezuelan officials as pressure builds on Maduroand swift economic actions" if he goes ahead with a vote on Sunday that critics
dna / Posted yesterday
and swift economic actions" if he goes ahead with a vote on Sunday that critics have said would cement dictatorship in the OPEC country. The leftist leader was also feeling the heat at home, where neighbors gathered from dawn across Venezuela to... Read more
67 related articles
1d
Market Watch
How Venezuela chaos could spark oil rally OPEC has failed to achieveBrent LCOU7, +1.59% the global benchmark, still trade about 10% lower year to d
Market Watch / Posted yesterday
Brent LCOU7, +1.59% the global benchmark, still trade about 10% lower year to date, even as a production-cut agreement by OPEC members and other major non-cartel nations such as Russia, that began at the start of the year, has seen historically... Read more
1d
dna
U.S. sanctions Venezuelan officials as pressure builds on Maduro"strong and swift economic actions" if he goes ahead with a vote on Sunday that
dna / Posted yesterday
"strong and swift economic actions" if he goes ahead with a vote on Sunday that critics say will cement dictatorship in the OPEC nation. The leftist leader was also feeling the heat at home, where neighbors gathered from dawn across Venezuela to... Read more
67 related articles
1d
San Antonio Express-News
Shale boom may finally have succumbed to oil’s price slumpshowed signs of bowing to the low prices they helped inflict. The surge in U.S.
San Antonio Express-News / Posted yesterday
showed signs of bowing to the low prices they helped inflict. The surge in U.S. production this year has stymied efforts by OPEC and other major oil exporters to unwind a supply glut that’s weighed on the crude market for three years. Whether... Read more
1d
Zero Hedge
What Trump's Venezuela Sanctions Will Do To Oil Prices: Barclays Explainsthree months) could raise oil prices at least $5-7/b and flatten the curve stru
Zero Hedge / Posted yesterday
three months) could raise oil prices at least $5-7/b and flatten the curve structure despite an assumed return of some OPEC supply, a more robust US shale response, and weaker demand. It may be just the opportunity OPEC needs to exit its... Read more
1d
FOX Business
Oil jumps to near 8-week high after big draw in U.S. crude stocksa boost to prices. "You add geopolitical risk premium for Venezuela, and you've
FOX Business / Posted yesterday
a boost to prices. "You add geopolitical risk premium for Venezuela, and you've got a strong market." Venezuela, an OPEC member producing about 2 million bpd of oil, faces deepening economic woes and protests. President Nicolas Maduro's... Read more
87 related articles
1d
FOX Business
Oil jumps to near 8-week high after big draw in U.S. crude stocksa boost to prices. "You add geopolitical risk premium for Venezuela, and you've
FOX Business / Posted yesterday
a boost to prices. "You add geopolitical risk premium for Venezuela, and you've got a strong market." Venezuela, an OPEC member producing about 2 million bpd of oil, faces deepening economic woes and protests. President Nicolas Maduro's... Read more
87 related articles
1d
Gulf News
UAE energy minister says optimistic about supply cut complianceThe Opec and allied non-Opec producers agreed on May 25 to extend an existing s
Gulf News / Posted yesterday
The Opec and allied non-Opec producers agreed on May 25 to extend an existing supply curb into 2018 Dubai: The UAE’s energy minister is optimistic that oil producers would comply with a supply cut deal and that he expected improvements towards... Read more
1d
FOX Business
Oil prices rise as falling US inventories stoke rebalancing hopesa boost to prices. "You add geopolitical risk premium for Venezuela, and you've
FOX Business / Posted yesterday
a boost to prices. "You add geopolitical risk premium for Venezuela, and you've got a strong market." Venezuela, an OPEC member producing about 2 million bpd of oil, faces deepening economic woes and protests. President Nicolas Maduro's... Read more
87 related articles
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