OPEC

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Reuters UKadded this to Business
Saudi Aramco
More shale, who cares? Saudi Arabia pushes for at least $70 oil
Reuters
DUBAI/LONDON (Reuters) - Budget needs are forcing Saudi Arabia to push for oil prices of at least $70 per barrel this year, industry sources say, even though U.S. shale oil producers could benefit and
National Postadded this to Financial News
Western Canadian Select
Alberta discovers that playing OPEC isn’t easy as crude goes from too cheap to too expensive
financialpost.com - Bloomberg News
Trying to fix the crude market has been hard enough for OPEC. Alberta’s go at it is proving a bigger challenge than the oil-rich Canadian province …
FOX Businessadded this to Industries
Oil
Oil slips further from 2019 highs on trade worries
FOX Business - Reuters
Oil fell further from 2019 highs on Friday as focus shifted to a lack of progress in U.S.-China trade talks, but prices found support from supply cuts led by producer club OPEC and by U.S. sanctions on
CNBC
Oil
Oil slips from 2019 highs as economic concerns weigh
CNBC
Oil prices eased from 2019 peaks on Friday as economic growth concerns weighed on sentiment, pausing a three-month rally driven by OPEC-led supply …
Hatem Zaghlouladded this to Middle East And The World
Oil
Oil slips but holds near 2019 peak as supplies tighten
Reuters India - By Jessica Resnick-Ault
NEW YORK (Reuters) - Oil fell nearly 1 percent on Thursday, but held near 2019 highs, supported by a tightening of global stocks, OPEC production cuts and U.S. sanctions on key producers Iran and Venezuela.
Oil & Gas Industry
Oil Slides 3% as Trump Shoots Rally Down With Tweet
investing.com - www.investing.com
By Barani Krishnan Investing.com - A familiar friend has returned to give oil bears the upper hand: President Donald Trump. Amid preparations for …
Bloombergadded this to Bloomberg Television
Oil & Gas Industry
Oil's Drop in 2018 Still Haunts Investors, Energy Aspects' Mallinson Says
Bloomberg
Oil is near its highest level this year after OPEC and its partners committed to continue production cuts until at least June, when they will meet to …
Hatem Zaghlouladded this to Middle East And The World
Oil & Gas Industry
Oil Price Sits In A Precarious Temporary State Of Balance After Strong Rises
Seeking Alpha - MetalMiner
Original Post By Stuart Burns Oil prices have rallied this quarter, with Brent crude hitting a peak of U.S. $67.50/barrel, according to …
Forbesadded this to Technology
United States
U.S. Oil Prices Soar To Four-Month Highs
Forbes - Jude Clemente
Up 30% since January 1, U.S. WTI crude oil prices topped $60 per barrel on Wednesday for the first time since November 9 Prices were bolstered by a highly bullish U.S. inventory report. Crude oil stocks
Chron.com from Houston Chronicleadded this to Latest from Chron
Houston, TX
Oil falls most in three weeks as slowdown fears trigger sell-off
chron.com - Ben Foldy, Bloomberg
Image 1 of / 1 Caption Close Oil fell the most in three weeks as disappointing economic data sowed new fears of slowing global growth. West Texas …
Seeking Alpha
Oil & Gas Industry
The EIA's Optimistic Outlook
Seeking Alpha - Ron Patterson
Most of the data below is taken from the EIA's Short-Term Energy Outlook. The data through February 2019 is the EIA's best estimate of past …
justinpmanleyadded this to #Oil & Gas News
Vladimir Putin
Oil Prices Could Stay High, Thanks to Vladimir Putin and OPEC
Barron's - Crystal Kim
Washington, D.C., can lead the horse to the well, but the well doesn’t always pump. The oil cartel formally known as the Organization of the Petroleum …
CNN
Dow Jones
Does OPEC really control oil prices?
CNN
CNN's Christine Romans explains why OPEC is still a key player, but doesn't hold as much sway over oil prices as it used to.
Iranian
Iran's oil exports fall in March even before further U.S. clampdown...
reuters.com - Alex Lawler
LONDON, March 21 (Reuters) - Iran’s oil exports have dropped in March to their lowest daily level this year, according to tanker data and industry sources, even before Washington formally requires importing
Hatem Zaghlouladded this to Middle East And The World
Investing
High Yield Energy Debt: The Writing Is On The Wall/Oil
Seeking Alpha - The Fortune Teller
Has US Bond Volatility Died? It certainly seems as if US bond volatility is dying. March 19th marked the lowest close for the MOVE index - that's the …
Oil & Gas Industry
Oil Hits 2019 Highs Amid OPEC-Led Supply Cuts
ndtv.com - Thomson Reuters
OPEC's crude oil output has slumped from a mid-2018 peak of 32.8 million barrels per day (bpd) to 30.7 million bpd in February. Singapore: Oil prices …
Seeking Alpha
Oil & Gas Industry
OPEC Output Cuts To Continue Despite Bullish Signs | Seeking Alpha
Seeking Alpha - Faisal Mrza
OPEC+'s Joint Ministerial Monitoring Committee meeting in Baku earlier this week decided to continue cooperation between the Organization of the …
Venezuela
Mukesh Ambani's RIL selling fuels to Venezuela from India to circumvent US sanctions
businesstoday.in - Reuters
Reliance had been supplying alkylate, diluent naphtha, and other fuel to Venezuela through its US-based subsidiary before Washington in late January …
Abu Dhabi
OPEC+ Will Hopefully Finalize Alliance in June- UAE Energy Minister
aawsat.com
OPEC and its non-OPEC allies could sign in June a pact to make their oil market-managing policies formal, UAE’s Energy Minister Suhail al-Mazrouei …
Investing.com Indiaadded this to COMMODITIES
United Arab Emirates
MIDEAST - Factors to watch - March 21
investing.com
DUBAI, March 21 (Reuters) - Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports …
Forbesadded this to Technology
Oil
The Curious Incident Of The Oil Supply That Didn't Decline
Forbes - Michael Lynch
Interestingly, there are still peak oil advocates who think that we’ve reached peak oil now, despite the fact that shale oil production is still growing, OPEC+ has about 1.5 mb/d of production shut-in
U.S. News & World Report
Oil
Drop in Crude Supplies Portends Higher Prices for Oil, Gasoline
U.S. News & World Report - Alan Neuhauser
The U.S. Energy Information Administration on Wednesday announced that the country's inventories of crude oil plummeted by nearly 10 million barrels …
CNBC
Morgan Stanley
Trump's sanctions and OPEC supply cuts are about to push oil prices higher: Morgan Stanley
CNBC - Tom DiChristopher
OPEC's supply cuts and U.S. sanctions against Iran and Venezuela will push the oil market into undersupply and boost the cost of crude in coming …
Tripoli
Libya produces 1.2 million bpd of oil - Tripoli finance minister
reuters.com - Reuters Editorial
TRIPOLI, March 20 (Reuters) - Libya is producing 1.2 million barrels a day (bpd) of crude, Tripoli-based finance minister Faraj Bomtar said on Wednesday. “We expect a further increase in the coming days,”
Oil & Gas Industry
U.S. Crude Oil Inventories Unexpectedly Fell by 9.6M Barrels Last Week: EIA
investing.com - www.investing.com
Investing.com - U.S. crude oil inventories fell unexpectedly last week, the Energy Information Administration said in its weekly report on …
Bloomberg
Iranian
U.S. Officials Say the Oil Market Can Withstand No Iranian Exports This Year
Bloomberg - Margaret Talev, Stephen Cunningham
U.S. officials said the global oil market can withstand the removal of all Iranian crude exports this year, a conclusion that could be pivotal in the …
The Wall Street Journal.
Oil
Oil Prices Hit Four-Month High on Falling Supplies
The Wall Street Journal. - Christopher Alessi
Production cuts from OPEC and its allies and a weaker dollar support crude market Oil prices rose on Wednesday, boosted by government data showing an unexpected decline in U.S. supplies. Light, sweet for
Africanewsadded this to News
Oil
Oil: Nigeria's greatest dilemma
africanews.com - AfricaNews
This week’s business column, is dedicated to the efforts of African countries in raising oil prices on the market. A case study of Nigeria. Nigeria, …
CNBC
Oil & Gas Industry
US crude settles at 4-month high after topping $60 for first time since November
CNBC - Tom DiChristopher
Oil prices rose on Wednesday, with U.S. crude topping $60 a barrel for the first time in about four months, after government data showed the American …
Reuters Indiaadded this to Business
Oil & Gas Industry
Rating firm S&P lifts oil price assumptions after OPEC, Russia cuts
Reuters India
LONDON (Reuters) - Rating agency S&P Global raised its Brent oil price assumptions back up to $60 a barrel on Wednesday, on the back of recent production cuts by OPEC and Russia. The revision, which will