OPEC
Oil prices pares gains as fears ease on Venezuelan exports
Wed, May 01, 2019
Oil prices pared their gains on Tuesday, after global benchmark Brent crude rose above $73 a barrel, as the market grew less worried that a rebellion against Venezuelan President Nicolas Maduro would hit the country`s crude exports.
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Oil prices rise amid supply cuts, economic slowdown looms
Tue, Mar 26, 2019
Oil prices firmed on Tuesday, pushed up by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on Iran and Venezuela, but analysts warned that signs of a sharp economic slowdown could soon drag on crude markets.
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Oil jumps after US crude stocks drop, OPEC stays firm on production cuts
Wed, Feb 27, 2019
Saudi Energy Minister Khalid al-Falih said the Organization of the Petroleum Exporting Countries and its partners were already "taking it easy" in response to a tweet from Trump on Monday, who told the group to "relax" on production cuts.
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Brent crude rises over $1, but set for first yearly drop since 2015
Mon, Dec 31, 2018
Oil prices rose more than 2 percent on the final day of the year, mirroring gains in stock markets, but were on track for their first annual decline in three years as concerns of a persistent supply glut lingered.
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OPEC to consider views of Modi seriously before cutting production: Saudi oil min
Thu, Dec 06, 2018
Oil cartel OPEC will consider views of world leaders such as Prime Minister Narendra Modi, who represent the voice of major consuming nations, with seriousness before taking a decision on cutting output to support falling prices, Saudi oil minister Khalid Al Falih said Thursday.
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Oil jumps towards $67 as OPEC, partners discuss proposal to cut output
Wed, Nov 14, 2018
Crude rallied after three sources familiar with the issue said OPEC and its partners are discussing a proposal to cut output by up to 1.4 million barrels per day (bpd), a larger figure than officials have mentioned previously International benchmark Brent crude rose $1.18 a barrel to $66.65 as of 0955 GMT, having fallen as low as $65.02 earlier. U.S. crude was up 60 cents at $56.29.
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