That caused them to blink back in April as they wanted to "teach the shorts a lesson" and announced a cut of 1.6 mbpd ...
Oil prices were stable on Friday, as the market weighed conflicting messages on supply from Russia and Saudi Arabia ahead of ...
Oil futures settle higher on Friday, contributing to a gain for the week, as investors weigh prospects for more output cuts ...
Investing.com -- The Russians aren’t helping the price of oil — to the delight possibly of the West and ... ll produce and ...
As Middle Eastern producers were thinking of formula prices for their cargoes loading in June, they did not necessarily see ...
The Organization of Oil Exporting Countries (OPEC) Monday decided to cut their output of crude and put on sale on international markets 100,000 bpds less daily as fears of a recession keep ...
Saudi Energy Minister Prince Abdulaziz warned short sellers again this week, but how realistic are the prospects of another output cut at the upcoming output meeting?
Oil prices have rallied this week with Brent (BZ=F) and US West Texas Intermediate (CL=F) trading around $77 (£62.28) and $73 ...
Energy (XLE) sank to the bottom the S&P sector leaderboard, with crude oil falling sharply after Russia downplayed the ...
after last fall it cut production by 2 million barrels per day — a decision that was sharply criticized by the U.S. Non-OPEC countries can do little to counter the effort to push the price of oil ...
Crude oil prices have been on a losing streak for four consecutive weeks now, erasing all the gains they booked after OPEC's latest supply cut announcement as economic fears take precedence over ...
