|OPEC Continues to Influence Oil Markets While the Market Awaits an Update|
Added: 28.04.2017 22:52 | 1 views | 0 comments
US crude oil inventories have increased for 9 consecutive weeks to start the year. Rising US inventories have created concerns about OPEC production cuts. However, declines in U.S. oil inventories in late March revived oil prices a bit. Oil markets now shift attention to the upcoming OPEC meeting.
|Oil Rises on Potential OPEC Cut Extension|
Added: 28.04.2017 5:12 | 1 views | 0 comments
Oil prices rose on Friday but were still on track for a second straight weekly loss on concerns that an OPEC-led production cut has failed to significantly tighten an oversupplied market.
|$60 Oil May Be a Producer Pipe Dream|
Added: 25.04.2017 22:15 | 2 views | 0 comments
Saudi Arabia and several other OPEC members want oil prices to rise to $60 a barrel. But surging U.S. production will probably prevent them from achieving that goal.
|Oil Ends Lower On U.S. Output Worries, OPEC Doubts|
Added: 24.04.2017 19:39 | 2 views | 0 comments
Oil futures drifted lower Monday, with West Texas Intermediate crude for June delivery ending with a loss of 39 cents, or 0.8%, at $49.23 a barrel.
|This OPEC Country Has the Largest Proven Oil Reserves (and It's Not Saudi Arabia)|
Added: 22.04.2017 13:00 | 2 views | 0 comments
According to OPEC, this South American country has the biggest proven oil reserves in the group, with 24.8% of the total.
|Oil Dives, Sending U.S. Crude Below $50 For First Time in 2 Weeks|
Added: 21.04.2017 22:44 | 2 views | 0 comments
Oil prices tumbled more than 2 percent on Friday, notching the biggest weekly decline in more than a month on mounting evidence that U.S. production and inventory growth were offsetting OPEC's attempts to reduce the global crude glut.
|Oil Ends Under $50 As Signs Of Rising U.S. Output Cast Doubts Over OPEC-cut Extension|
Added: 21.04.2017 19:40 | 1 views | 0 comments
Oil prices ended sharply lower on Friday, settling below $50 a barrel for the first time this month and losing more than 7% for the week.
|Oil Dives, US Crude Below $50 for First Time in 2 Weeks|
Added: 21.04.2017 17:27 | 2 views | 0 comments
Oil prices tumbled on Friday, on track for the biggest weekly drop in a month on renewed concerns that increasing U.S. production and high inventories will thwart OPEC's attempts to reduce the global crude glut.
|OPEC Production Cuts and The Long Road To Market Balance|
Added: 19.04.2017 13:51 | 1 views | 0 comments
Global oil inventories are falling because of OPEC and non-OPEC production cuts but the road to market balance will be long and unpredictable.