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Oil gains ahead of weekend OPEC talks [Video]

Oil gains ahead of weekend OPEC talks

Oil prices gained on Friday ahead of a weekend OPEC meeting that could extend production cuts, but some analysts say a deal may prove hard to reach. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:12Published
Trump touts Saudi-Russia oil deal to halt price war [Video]

Trump touts Saudi-Russia oil deal to halt price war

The two top crude producers are said to slash output by as much as 15 million barrels a day - an unprecendented 15% of global supply. Ryan Brooks has more.

Credit: Reuters - Politics     Duration: 01:13Published
Oil soars after Trump claims Saudi-Russia deal [Video]

Oil soars after Trump claims Saudi-Russia deal

Oil prices skyrocketed Thursday after President Trump said Saudi Arabia and Russia will announce a deal to cut global production that could reverse a crash in prices. Conway G. Gittens has more.

Credit: Reuters Studio     Duration: 01:42Published
OPEC MEETING: Saudi Arabia wants countries to deepen oil cuts [Video]

OPEC MEETING: Saudi Arabia wants countries to deepen oil cuts

Credit: FRANCE 24 English     Duration: 09:40Published

Oil climbs 5% on U.S. jobless drop, OPEC+ meeting hopes

Oil prices rose on Friday after an unexpected fall in the May U.S. jobless rate and OPEC's decision to bring forward to Saturday discussions on whether to extend record production cuts.
Reuters India - Published Also reported by •Reuters

Global Oil Demand To Fall To Levels Not Seen Since 2014

Crude oil demand this year will fall to around 90.6 million bpd this year, OPEC’s secretary-general Mohammed Barkindo said ahead of the next OPEC+ meeting, as cited by Trend. This level of demand was..
OilPrice.com - Published

Oil Prices Jump Ahead Of Crucial OPEC+ Meeting On Saturday

Oil prices rallied early on Friday as the market expects a weekend meeting of OPEC and its Russia-led allies to roll over the current levels of the OPEC+ production cuts by another month after June. As..
OilPrice.com - Published Also reported by •Reuters

10 things you need to know before the opening bell

10 things you need to know before the opening bell
Here's what you need to know before markets open. 1. *Global stocks rise as investors digest the ECB's huge new stimulus package and await US jobs data*. Oil prices rose as the OPEC+ may end up..
Business Insider - Published

Oil rises as traders await OPEC+ meeting on extending supply cuts

Oil prices rose on Friday after OPEC decided to move up discussions on whether to extend record production cuts to Saturday, indicating that some laggard countries may have agreed to align themselves..
Reuters India - Published Also reported by •Reuters

European stocks rise as investors welcome fresh ECB stimulus

Brent crude above $40 after Opec agrees to weekend meeting to discuss output cuts
FT.com - Published

Russia’s Energy Minister Sees Shortage In Oil Market Next Month

Russia’s Energy Minister Alexander Novak is predicting a shortage in the oil market next month, Ifax reported on Thursday. Novak said that the global oil markets could see a shortfall between three..
OilPrice.com - Published

Brent Tops $40 For The First Time Since March

Brent Crude prices broke above $40 a barrel early on Wednesday, surpassing that threshold for the first time since Saudi Arabia and Russia broke up the previous OPEC+ pact on March 6 and started an oil..
OilPrice.com - Published

Oil falls from $40 on doubts over early OPEC meeting

Oil fell after touching its highest since March at more than $40 a barrel on Wednesday, pressured by doubts that an early meeting of OPEC and its allies to extend existing output cuts will take place.
Reuters - Published

Oil up more than 3% ahead of OPEC+ meeting and on easing lockdowns

Oil prices climbed by more than $1 a barrel on Tuesday on hopes that major crude producers will agree to extend output cuts during a video conference expected to be held this week and as countries and..
Reuters - Published

$40 Oil In Sight As OPEC+ Considers Extension

Oil prices climb ahead of highly-anticipated OPEC+ meeting. Chart of the Week-    The U.S. only sold 729,000 vehicles in the month of April, the lowest since early 2010.-    Car sales were down..
OilPrice.com - Published

Oil prices rise before OPEC+ meeting about extending output cuts

Oil prices rose on Tuesday on expectations that major producers would agree to extend output cuts that have shored up prices, during a video conference likely to be held this week.
Reuters - Published

Will OPEC+ Extend Its Historic Production Cut Agreement?

OPEC+ is set to bring forward its meeting to Thursday, with a short extension of the current production cuts as the most likely outcome.  Originally scheduled to take place on June 9, OPEC is now..
OilPrice.com - Published

OPEC+ Could Hold Its Next Meeting This Week

The next OPEC+ meeting, initially scheduled for June 9-10, could take place earlier than expected according to a Reuters report that cites a letter from the OPEC president of Algeria to the members of..
OilPrice.com - Published

Oil prices edge down as wary traders eye upcoming OPEC+ meeting

Oil prices edged down on Monday as traders took profits, with the Organization of the Petroleum Exporting Countries (OPEC) considering meeting as soon as this week to discuss whether to extend record..
Reuters - Published

Russia has no objection to earlier OPEC+ meeting: sources

Russia has no objection to the next meeting of OPEC and its allies, known as OPEC+, being brought forward to June 4 from the following week, three OPEC+ sources familiar with the meeting's preparations..
Reuters - Published

Iraqi oil minister says big oil cut deal will help to stabilize oil market

Iraq's oil minister said late on Sunday that the big oil cut deal reached at an OPEC+ meeting would help stabilize the market.
Reuters - Published

Saudi Arabia, Russia, U.S. welcome outcome of OPEC+ meeting: SPA

Saudi Arabia's king Salman, Russia's president Vladimir Putin and his U.S. counterpart Donald Trump welcomed the outcome of OPEC+ meeting during a joint phone call, Saudi state news agency SPA said on..
Reuters - Published

U.S. Oil Storage To Hit Its Limit By Mid-May

By many accounts, EIA crude oil forecasts appear tame compared to what other independent analysts are predicting, and the deal-no-deal that has so far come out of Thursday’s virtual ‘OPEC’..
OilPrice.com - Published

Russian, Saudi ministers to chair OPEC+ meeting on Sunday: Azerbaijan

Russian Energy Minister Alexander Novak and Saudi Energy Minister Prince Abdulaziz bin Salman will chair an OPEC and non-OPEC online meeting later on Sunday, the Azerbaijan energy ministry said.
Reuters - Published

Saudi king, Trump, Putin review importance of cooperation between oil producing countries

Saudi Arabia's King Salman, U.S. President Donald Trump and Russian President Vladimir Putin reviewed, in a phone call, the importance of cooperation between oil producing countries, after Thursday's..
Reuters - Published

Mexico proposes 100,000 bpd oil output cut at OPEC meeting

In a meeting with OPEC and its allies, Mexico proposed reducing its oil output by 100,000 barrels per day (bpd) in the next two months, Energy Minister Rocio Nahle said on Thursday.
Reuters - Published

Futures dip ahead of weekly jobless claims, OPEC+ meeting

U.S. stock index futures edged lower on Thursday as investors braced for another staggering weekly jobless claims number, while oil prices rose on hopes of sweeping production cuts.
Reuters - Published

Oil prices rise on optimism OPEC+ meeting will result in supply cut

Oil prices rose on Thursday on expectations the world's largest oil producers would agree to cut production at a meeting later in the day as the industry grapples with a coronavirus-driven collapse in..
Reuters - Published

Crude futures climb ahead of OPEC+ meeting

Crude futures rose on Thursday on expectations the world's largest oil producers would agree to cut production at a meeting later in the day as the industry grapples with the coronavirus-driven..
Reuters - Published

Oil Spikes After Algeria Says OPEC+ Cuts Could Reach 10 Million Bpd

The price of a West Texas Intermediate barrel of oil shot up on Wednesday afternoon by nearly 7% shortly after OPEC’s President gave the market fresh optimism about tomorrow’s virtual OPEC++..
OilPrice.com - Published

U.S. Senators To Discuss Oil Markets With Saudi Arabia

Two senators from U.S. oil states will hold talks with Saudi officials this Saturday to discuss the oil price situation, Reuters reports, citing unnamed sources. The same senators have also proposed a..
OilPrice.com - Published

Money Is Flooding Into Russia Despite Crashing Oil Prices

With the virtual OPEC+ meeting where Russia and Saudi Arabia were to discuss output cuts to end the oil price war delayed Monday, oil prices took a huge beating--but Russian stocks are still hanging..
OilPrice.com - Published

The World’s Biggest Oil Deal Can’t Save Crude Prices

G20 countries are set to send their oil minister for an emergency meeting on Friday, a sign that there is a chance that OPEC and Russia can pull in other oil-producing countries into a global..
OilPrice.com - Published

US and Canada discuss putting tariffs on Saudi and Russian oil

Global deal to reduce production hangs in balance ahead of Opec+ meeting
FT.com - Published


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