Why 2019 Could Start With An Oil Rally | OilPrice.com OilPrice.comAs we close out the year, oil prices are set to end lower for the first time in three years, but there's reason to believe that crude will rise in the first quarter of 2019. Read …
Oil Prices Crash As OPEC+ Scrambles At 11th Hour | OilPrice.com OilPrice.comOil prices crashed early Thursday, as OPEC failed to reveal a solid agreement in Vienna, at least not yet. After hours of meetings, OPEC cancelled its news ... Read mor …
ReutersOPEC leans toward oil cut extension, but non-members need to be in: sourcesReutersThe deal has lifted oil prices LCOc1, but inventories in industrial nations are rising and higher returns have encouraged U.S. companies to pump more. A growing number …
ReutersVenezuelan ministers to visit Algeria for oil price talks: ministryReutersVenezuelan Foreign Minister Delcy Rodriguez and Oil Minister Nelson Martinez met Saudi Energy Minister Khalid al-Falih in Riyadh on Thursday to review oil market conditions an …
ReutersSaudis cut oil output to lowest in two years, pledge further reductionsReutersThis means Saudi Arabia has cut oil production by more than the 486,000 bpd it agreed to late last year under a global deal to curb production and stem a fall in oil price …
CNNMoneyThe global oil surplus will disappear in 2017CNNMoneyThe huge surplus of oil that's been sloshing through global markets is set to evaporate. The International Energy Agency said Tuesday that it expects the global crude oil glut to start disapp …
FortuneOil Prices Are Popping on This OPEC Meeting NewsFortuneOil jumped more than 5% on Wednesday, after the Saudi oil minister said an agreement among OPEC members on cutting output was close, putting the price on course for its biggest one-day move sinc …
FuelFix (blog)US oil trades at $40FuelFix (blog)West Texas Intermediate oil has surged about 50 percent since slumping to a 12-year low last month on speculation a global surplus will ease. American shale output is falling and some of the world's bigge …
CNNMoneyCheap oil hits Middle East budgets: We can no longer 'provide for everything'CNNMoneyRobin Mills, CEO of oil consultancy Qamar Energy, said the move triggered a domino effect. "Once one country feels able to take the step of removing s …
MarketWatchOil prices volatile as traders weigh supply rise, production outlookMarketWatchEarly Wednesday, the U.S. Energy Information Administration reported a 3.5 million-barrel climb in crude-oil supplies for the week ended Feb. 19. That was below the 7 …