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Wall Street JournalOil Prices Give Back Gains After Inventory DataWall Street JournalNEW YORK—Oil prices gave up their gains Wednesday after weekly inventory data showed U.S. supplies of crude oil and refined products near unchanged and traders waited for
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ReutersSaudis soften oil stance on Iran but OPEC deal still elusiveReutersThe Saudi and Iranian economies depend heavily on oil but in a post-sanctions environment, Iran is suffering less pressure from the halving in crude prices since 2014 and its economy
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Surge in Consumer Confidence Drives Rally After Days of LossesNew York TimesOil prices fell after investors were disappointed again that members of the Organization of the Petroleum Exporting Countries did not make a deal to limit production. United States
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Wall Street JournalSaudi Oil Minister Offers Hope on Output Curb at November MeetingWall Street JournalBut at the same time, Mr. Falih, who oversees Saudi oil policy and is among the most influential voices in the energy industry, offered hope OPEC could d
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Is This $24 Billion Petrochemical Megaproject A Boon For Oil?OilPrice.comOne market that energy investors sometimes spend very little time thinking about is plastics. Despite the fact that plastics are an oil derivative, energy investors tend to focus on o
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ReutersOPEC set for no deal as Iran rejects Saudi oil output offerReutersALGIERS Iran rejected on Tuesday an offer from Saudi Arabia to limit its oil output in exchange for Riyadh cutting supply, dashing market hopes the two major OPEC producers would find
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CNNMoneyOil prices tank as hopes of production freeze fadeCNNMoneyIraq, the cartel's second largest producer, had boosted hopes of an agreement earlier on Tuesday. The country's oil minister Jabbar Al-Luiebi said that Baghdad was willing to freeze
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ReutersOPEC set for no deal on oil output as Saudis, Iran at loggerheadsReutersALGIERS Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as the group and non-member Russia were s
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Wall Street JournalOil Prices Slide as OPEC Deal Seen as UnlikelyWall Street JournalOil prices slid Tuesday as investor skepticism grew than the Organization of the Petroleum Exporting Countries would reach an agreement to limit production. OPEC members ar
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ReutersSaudis, Iran dash hopes for OPEC oil deal in AlgeriaReutersALGIERS Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as sources within the exporter group said the differen
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