OPEC Newswire (Page 5)

OPEC Newswire (Page 5)

Comprehensive Real-Time News Feed for OPEC (Organization of the Petroleum Exporting Countries). (Page 5)

Results 81 - 100 of 34,160 in OPEC (Organization of the Petroleum Exporting Countries)

  1. AAA: Oil prices hit 3-month low, gasoline falling againRead the original story w/Photo

    Nov 16, 2015 | Walker County Messenger

    ... oil prices are sliding following news that U.S. crude oil stockpiles increased for the seventh consecutive week, and OPEC stating that a deepening oil supply glut was likely on the horizon. Recent data from the International Energy Agency also ...

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  2. How long will oil prices scrape bottom?Read the original story w/Photo

    Thursday Feb 4 | CBS News

    ... the world's second-largest economy. That news came on the heels of a glut of overproduction from Saudi Arabia and its OPEC partners, as well as other major players such as Russia and Iran, which, now that the embargo is lifted, has been making deals ...

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  3. Oil Falls in Volatile Trade Amid Weak Dollar, Producer Meet UncertaintyRead the original story w/Photo

    Thursday Feb 4 | Fox News

    Oil prices were volatile on Thursday, reversing earlier gains as skepticism that cash-strapped OPEC member Venezuela's effort to lobby crude producers for output cuts would succeed offset a weakening dollar. The dollar extended its drop for a second day, making greenback-denominated commodities cheaper for holders of other currencies, with the dollar index hitting its lowest level in more than 3-1/2 months on continued skepticism that the Federal Reserve would be able to hike interest rates this year.

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  4. Crude Trades Near $32 Amid Dollar Weakness, Global Supply GlutRead the original story

    Thursday Feb 4 | The Washington Post

    ... boost in Iranian exports after the removal of sanctions and brimming U.S. crude stockpiles. Venezuela said six OPEC members and two non-members would attend an extraordinary meeting if one is called. Commerzbank AG said it's skeptical that any ...

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  5. A weak U.S. dollar is pushing commodities higher across the board.Read the original story

    Thursday Feb 4 | TheStreet.com

    ... Venezuela is trying to put together a supply meeting between the Organization of Petroleum Exporting Countries and non-OPEC exporters, but Saudi Arabia is conspicuously absent among those accepting the invitation. Get an email alert each time I ...

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  6. Oil turns lower, pulling back from a nearly one-week highRead the original story w/Photo

    Thursday Feb 4 | MarketWatch

    ... that Venezuela's oil minister said six oil-producing countries have agreed on a plan to hold an emergency meeting of OPEC and non-OPEC members. The report made no mention of oil heavyweight Saudi Arabia, whose participation would be essential to any ...

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  7. U.S. running out of space to store oilRead the original story w/Photo

    Thursday Feb 4 | KION 46

    ... Crude oil of the same value would require 17 supertanker ships that can hold about 2 million barrels of oil each. OPEC continues to pump oil at full throttle as it seeks to avoid losing further market share to higher cost producers in the U.S. and ...

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  8. AMERICAa S New Oil Problem: No Place To Put All Of ItRead the original story w/Photo

    Thursday Feb 4 | WMAL-AM Washington

    ... Crude oil of the same value would require 17 supertanker ships that can hold about 2 million barrels of oil each. OPEC continues to pump oil at full throttle as it seeks to avoid losing further market share to higher cost producers in the U.S. and ...

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  9. Shell's profits tumbleRead the original story w/Photo

    Thursday Feb 4 | Castanet.net

    ... Creek heavy oil project. Oil supplies are high even though consumption growth has tailed off, particularly in China. OPEC members, meanwhile, haven't wanted to cut production - even at a time Iran wants to turn on the taps after decades of ...

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  10. Venezuela Is Literally Getting Cargo Planes Full Of CurrencyRead the original story w/Photo

    Thursday Feb 4 | The Daily Caller

    ... in anti-counterfeiting technology. Venezuelan inflation reached the historic rate of 275 percent in 2015. The OPEC member is contending with low oil prices and an insufficiently diverse economy. The country's oil production decreased by 25 percent ...

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  11. Can the Tesla Motors (TSLA) Model 3 Help Solve the Cheap Gas Problem?Read the original story

    Thursday Feb 4 | Learn Bonds

    ... a supply glut, China has a weak economic outlook, and geopolitical tensions in the Middle East makes it hard for OPEC to reach a consensus on reducing the supply. One of the chief selling points of Tesla's Model S and Model X is the cost savings ...

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  12. Shell Reports a 44% Drop in Earnings Amid Oil Price SlumpRead the original story w/Photo

    Thursday Feb 4 | The Curious Capitalist

    ... Creek heavy oil project. Oil supplies are high even though consumption growth has tailed off, particularly in China. OPEC members, meanwhile, haven't wanted to cut production - even at a time Iran wants to turn on the taps after decades of ...

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  13. Transocean Sinking Fast Amid Debt, Low Oil PricesRead the original story w/Photo

    Thursday Feb 4 | TheStreet.com

    ... step back from its disastrous price war and reduce output to bolster prices. However, events have spiraled beyond the OPEC leader's control. Strategists at Goldman Sachs recently declared it was "highly unlikely" Saudi Arabia could succeed in ...

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  14. Stressed-Out Stock: Transocean Is Sinking Fast Amid Debt and Low Oil PricesRead the original story w/Photo

    Thursday Feb 4 | TheStreet.com

    ... step back from its disastrous price war and reduce output to bolster prices. However, events have spiraled beyond the OPEC leader's control. Strategists at Goldman Sachs recently declared it was "highly unlikely" Saudi Arabia could succeed in ...

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  15. At midday: TSX rises with commodity pricesRead the original story w/Photo

    Thursday Feb 4 | The Globe and Mail

    ... rate hikes could be delayed. Dollar weakness, and unconfirmed talk that oil-producing countries in and outside the OPEC group may meet soon to discuss output cuts to help relieve a global supply glut, helped crude prices add to Wednesday's sharp ...

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  16. Global Markets-Equities advance as weaker dollar boosts oilRead the original story w/Photo

    Thursday Feb 4 | Reuters

    ... rate hikes could be delayed. Dollar weakness, and unconfirmed talk that oil-producing countries in and outside the OPEC group may meet soon to discuss output cuts to help relieve a global supply glut, helped crude prices add to Wednesday's sharp ...

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  17. Wall Street Wavers as Oil Prices Trim Substantial GainsRead the original story w/Photo

    Thursday Feb 4 | Fox News

    U.S. equities continued to zigzag through much of the session as oil prices pared significant gains after a more than 8% rally in the prior session. Crude oil prices pared their gains on Thursday after a big rally in the prior session.

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  18. Oil Rises a Second Day as Dollar Weakness Spurs Commodity DemandRead the original story

    Thursday Feb 4 | The Washington Post

    ... major peers, headed for its biggest two-day loss since 2009 on signs of a slowing U.S. economy. Venezuela said six OPEC members and two non-members would attend an extraordinary meeting if one is called. Commerzbank AG said it's skeptical that any ...

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  19. Russia achieves record high 12-month oil production levelRead the original story

    Thursday Feb 4 | AK&M

    ... to $36 per barrel in late January following reports of possible negotiations in February between Russia and the OPEC countries concerning measures to reduce oil production. However, while there is no final agreement on such a meeting, the price ...

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  20. Daily State Of The Markets: Understanding The InsanityRead the original story w/Photo

    Thursday Feb 4 | Seeking Alpha

    ... just the dollar. Don't forget that there was no shortage of rumors about the much ballyhooed "emergency meeting" among OPEC members (the latest word is that Russia will play along if OPEC commits to reducing output). So, despite yet another report ...

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