OPEC Newswire

OPEC Newswire

Comprehensive Real-Time News Feed for OPEC (Organization of the Petroleum Exporting Countries).

Results 1 - 20 of 17,809 in OPEC (Organization of the Petroleum Exporting Countries)

  1. Futures Movers: Oil prices bounce around as investors weigh supply...Read the original story w/Photo

    1 hr ago | MarketWatch

    ... Exporting Countries - is growing more inured to the prospect of higher Brent futures prices above $80 a barrel. OPEC and other producers including Russia are set to meet on Sept. 23 in Algeria to discuss how to best distribute planned increases to ...

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  2. Oil prices edge up as supply concerns outweigh U.S. stockpile gainsRead the original story w/Photo

    2 hrs ago | Egypt Today

    ... lid on prices until U.S. congressional elections. The Organization of the Petroleum Exporting Countries (OPEC)and non-OPEC producers, including the world's biggest producer Russia, are meeting on Sept. 23 in Algeria to discuss how to allocate supply ...

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  3. Asia rises as stimulus hopes lift Chinese stocks amid trade rowRead the original story w/Photo

    2 hrs ago | Egypt Today

    ... has encouraged investors to buy sterling. Crude oil prices consolidated after rallying the previous day on signs that OPEC would not be prepared to raise output to address shrinking supplies from Iran, and as Saudi Arabia signalled an informal ...

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  4. Oil prices fall amid surprise growth in US crude stocksRead the original story w/Photo

    3 hrs ago | The Indian Express

    OPEC with a group of non-OPEC producers that includes Russia started withholding oil supplies in 2017 to end a global glut and prop up prices. Oil prices on Wednesday pulled back from gains racked up the previous day, pushed down amid a surprise climb in U.S. crude stockpiles.

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  5. OPEC Chief: Cartel Must Stay Together as U.S. Sanctions IranRead the original story w/Photo

    3 hrs ago | Manufacturing.net

    OPEC must stick together for the good of the global economy as founding member Iran faces renewed U.S. sanctions, the head of the cartel said Tuesday-though he did not address how an already-tight market will make up for the loss of Iranian supply. Mohammed Sanusi Barkindo also said an agreement between OPEC and non-members that cut production and helped bring prices back up from lows of $30 a barrel in January 2016 was now "a permanent feature."

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  6. Global Markets-Stocks, U.S. Treasury yields climb as trade row fails to dent confidenceRead the original story w/Photo

    5 hrs ago | Reuters

    ... has encouraged investors to buy sterling. Crude oil prices consolidated after rallying the previous day on signs that OPEC would not be prepared to raise output to address shrinking supplies from Iran, and as Saudi Arabia signalled an informal ...

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  7. UPDATE 1-Oil prices steady as concerns about producer output outweigh U.S. stockpile gainRead the original story w/Photo

    5 hrs ago | Reuters

    ... lid on prices until U.S. congressional elections. The Organization of the Petroleum Exporting Countries (OPEC)and non-OPEC producers, including the world's biggest producer Russia, are meeting on Sept. 23 in Algiers, Algeria, to discuss how they can ...

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  8. Oil prices fall amid surprise growth in U.S. crude stocksRead the original story w/Photo

    7 hrs ago | Reuters

    ... in the U.S. and strong crude runs could lead to a bigger premium for Brent versus WTI." Meanwhile, ministers from OPEC nations and non-OPEC producers are set to meet on Sunday to discuss compliance with output policies. OPEC sources have told ...

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  9. Stocks end higher as traders shrug off new China-US tariffsRead the original story w/Photo

    8 hrs ago | The Virginian-Pilot

    ... of weeks later, he put out a statement saying the go-private deal was off. Oil prices climbed ahead of an upcoming OPEC meeting where members will weigh how to address the loss of supply from Iran, which faces U.S. sanctions. Benchmark U.S. crude ...

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  10. Global stocks, US bond yields rise as trade row fails to dent confidenceRead the original story w/Photo

    8 hrs ago | Channelnewsasia.com

    ... to buy into the British currency. Crude oil prices consolidated after rallying the previous day on signs that OPEC would not be prepared to raise output to address shrinking supplies from Iran, and as Saudi Arabia signalled an informal target near ...

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  11. Nexeo, Union Pacific rise; Oracle, FedEx stumbleRead the original story w/Photo

    9 hrs ago | SFGate

    ... No timeframe has been given for the deal. What about oil? Moscow and Riyadh worked together to secure a deal between OPEC and other oil producers to cut output until the end of March 2018. Analysts say the aim is to push up world prices. Have there ...

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  12. Big Dolby donation to UCSF; Android cars are coming; OPEC...Read the original story w/Photo

    9 hrs ago | SFGate

    Renault-Nissan-Mitsubishi has chosen Google 's Android operating system to run dashboard information and entertainment features. Google Maps , Waze and Google Assistant , among others, will be available in vehicles by 2021 without requiring a phone connection.

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  13. US stocks rise as traders size up new US tariffs on ChinaRead the original story w/Photo

    10 hrs ago | WDUN-AM Gainesville

    ... quarterly earnings that fell short of Wall Street's forecasts. ENERGY: Oil prices climbed ahead of an upcoming OPEC meeting where members will weigh how to address the loss of supply from Iran, which faces U.S. sanctions. Benchmark U.S. crude rose ...

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  14. Wall Street bounces back as investors shrug off trade tensionsRead the original story w/Photo

    11 hrs ago | Yahoo!

    ... or 0.76 percent, to 7,956.11. The energy sector advanced 0.7 percent as crude prices rose on signs that OPEC is not prepared to boost output to address shrinking supplies from Iran. Among losers, Tesla Inc sank 3.4 percent after disclosing ...

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  15. UPDATE 9-Oil gains 1 pct on signs OPEC not prepared to boost outputRead the original story w/Photo

    12 hrs ago | Reuters

    Oil futures rose more than 1 percent on Tuesday on signs that OPEC would not be prepared to raise output to address shrinking supplies from Iran, and as Saudi Arabia signaled an informal target near current levels. FILE PHOTO: A pump jack operates in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018.

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  16. OPEC And Non-OPEC Oil Market Cooperation Here To Stay, Says OfficialRead the original story w/Photo

    13 hrs ago | Forbes.com

    OPEC Secretary General Mohammed Sanusi Barkindo speaks at Gulf Intelligence's 2018 Energy Markets Forum inFujairah, United Arab Emirates, Tuesday . The head of OPEC said that the oil cartel must stick together for the good of the global economy amid Iran facing renewed U.S. sanctions.

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  17. Stocks rise, shrugging off U.S.-China trade warRead the original story w/Photo

    14 hrs ago | Los Angeles Times

    ... he put out a statement saying the go-private deal was off. Oil prices climbed ahead of an upcoming meeting where OPEC members will weigh how to address the loss of supply from Iran, which faces U.S. sanctions. Benchmark U.S. crude climbed 1.4% to ...

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  18. Venezuela sold 9.9 pct of joint venture Sinovensa to China oil firm -MaduroRead the original story w/Photo

    15 hrs ago | Reuters

    Venezuela has sold 9.9 percent of shares in oil joint venture Sinovensa to a Chinese oil company, President Nicolas Maduro said on Tuesday, adding that the OPEC nation expected some $5 billion in joint investment with China to boost its crude output.

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  19. U.S. oil prices finish higher on supply risks, ahead of weekly U.S. crude-supply dataRead the original story w/Photo

    17 hrs ago | MarketWatch

    Oil prices finished higher on Tuesday , buoyed by risks to supply tied to upcoming U.S. sanctions on Iran, uncertainty ahead of a production-cut monitoring committee meeting of OPEC and non-OPEC oil producers later this month, and increased tensions between Russia and Israel. Traders also await weekly data from the American Petroleum Institute late Tuesday and Energy Information Administration Wednesday that are expected to reveal a weekly decline in U.S. crude stockpiles.

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  20. Uncertainty Looms on Iraq Oil Production for the Next DecadeRead the original story w/Photo

    21 hrs ago | Al Bawaba

    Growth in Iraqi oil production will be squeezed for the next decade despite the country being the second largest OPEC producer after Saudi Arabia and the fourth biggest in the world, according to a report by US consultancy IHS Markit. The findings come after a week when the price of Brent crude reached $80 a barrel, with supply worries having been heightened by Hurricane Florence heading toward the US, threatening to derail US oil pipelines.

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