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Libya's Oil King Won't Be Stopped By OPEC

libya's oil king won't be stopped by opec
Authored by Tsvetana Paraskova via OilPrice.com, Conflict-torn Libya, divided between rival factions in the east and the west,* recently reached 1 million bpd of crude oil output - for the first..
Zero Hedge

OPEC/Saudi 'Promises' Fail To Ignite Momentum in WTI Crude Prices

opec/saudi 'promises' fail to ignite momentum in wti crude prices
*WTI crude remains stuck ominously below $46 *despite a full court press jawboning, headline-pumping effort this morning. As oil leaders meet in St.Petersburg, Saudis promised to cut exports further,..
Zero Hedge

Videos for "Opec Meeting"

News video: Janus Henderson’s Barrett Says OPEC Meeting Was Non-Event

Janus Henderson’s Barrett Says OPEC Meeting Was Non-Event 02:04

Jul.24 -- Noah Barrett, energy and equities analyst at Janus Henderson, discusses oil supply cuts and the OPEC meeting in St. Petersburg, Russia. He speaks with Vonnie Quinn on “Bloomberg Markets.”
Source: Bloomberg Global Business -

News video: Russia’s Novak Says Oil Ministers Ready to Review Cuts

Russia’s Novak Says Oil Ministers Ready to Review Cuts 02:19

Jul.24 -- Bloomberg’s Yousef Gamal El-Din reports on oil supply cuts from the OPEC meeting in St. Petersburg, Russia, where Russian Oil Minister Alexander Novak sat down for an interview with..
Source: Bloomberg Technology -

News video: Crude crunch: OPEC expected to resist pressure to increase output

Crude crunch: OPEC expected to resist pressure to increase output 06:24

All eyes are on Vienna for this week’s OPEC meeting amid a rift between members of the cartel and other major oil producing countries. The issue is the same as at the last meeting in November –..
Source: Euronews English -

News video: No crude freeze deal, what does it mean for the oil industry?

No crude freeze deal, what does it mean for the oil industry? 03:04

OPEC and non-OPEC producers on Sunday failed to reach a deal to freeze oil output. For background and analysis euronews’ reporter Natalia Marshalkovich spoke with Spencer Welch, a director with IHS..
Source: Euronews English -


Futures Movers: Oil prices steady with all eyes on OPEC meeting


Futures Movers: Oil steadies as investors wait for rig data, OPEC meeting


Global Stocks Hit New All Time High After Dovish Yellen, Strong Chinese Trade Data

global stocks hit new all time high after dovish yellen, strong chinese trade data
The hawkish tone and global bond tantrum unleashed by central bankers at the Sintra ECB forum two weeks ago is now a distant memory, and after Janet Yellen surprised markets with an unexpectedly dovish..
Zero Hedge

"How Did It Go So Wrong" Goldman Asks, As It Slashes Oil Price Target

how did it go so wrong goldman asks, as it slashes oil price target
""Spot WTI oil prices at $43/bbl are now back to November pre-OPEC deal levels, down from $52/bbl just a month ago and vs. our prior 3-mo $55/bbl forecast. How did it go so wrong?      -..
Zero Hedge

Oil Plunges To November Lows On Sudden Volume Spike

oil plunges to november lows on sudden volume spike
Oil dropped to the lowest in seven months, with both Brent and WTI sliding to prices not seen since November, following a burst of volume just after 6am, amid a revival in output from Libya and rising..
Zero Hedge

There were 2 developments this week that could have huge consequences for Russia's oil

there were 2 developments this week that could have huge consequences for russia's oil
· *Protests swept across Russia on Monday* · *The US Senate passed a bill that would tighten sanctions on Russia* · *These developments will have an impact on how Russia's oil strategy plays..
Business Insider

S&P Futures At Record High After "Shocking" UK Election Result

s&p futures at record high after shocking uk election result
"Triple Threat Thursday" is now a distant memory, with both the ECB and Comey testimony "non-events" for the market, although the UK general election was a shocker in which contrary to expectations,..
Zero Hedge

Goldman's Advice To OPEC: Be More Like The Federal Reserve

goldman's advice to opec: be more like the federal reserve
Over the past year, as OPEC developed the unpleasant habit of jawboning the price of oil higher on nothing but flashing red headlines, targeting headline scanning algos, many compared the oil-producing..
Zero Hedge

Results Of OPEC Meeting Push Chevron's Price Back Into The Buy Zone


Is This Saudi Arabia's Newest Strategy To Boost Oil Prices?

is this saudi arabia's newest strategy to boost oil prices?
Submitted by Nick Cunningham via OilPrice.com, OPEC’s new strategy to balance the oil market is to* cut oil exports to the U.S.,* a move intended to drain near-record-high crude oil..
Zero Hedge

5 things to know in Texas energy this week

A May 25 OPEC meeting closed with commitments to extend existing production cuts by another nine months. While that was heralded as a positive move, crude traders weren't so impressed — members of..

Greek, Italian Risks Weigh On European, Global Markets; Oil, Gold Slide

greek, italian risks weigh on european, global markets; oil, gold slide
Tuesday's session started off on the back foot, with the Euro first sliding on Draghi's dovish comments before Europarliament on Monday where he signaled no imminent change to ECB’s forward guidance..
Zero Hedge

Futures Movers: Oil prices drift south as investors ponder the post-OPEC meeting market


Why OPEC Couldn't Move Oil Prices Higher

why opec couldn't move oil prices higher
Authored by Nick Cunningham via OilPrice.com, The latest OPEC meeting was *uncharacteristically tranquil,* with little of the eleventh hour infighting and arm-twisting that has been so prevalent in..
Zero Hedge

Goldman: Oil Glut To Return When OPEC Deal Expires

goldman: oil glut to return when opec deal expires
Authored by Nick Cunningham via OilPrice.com, *OPEC has agreed to extend its production cuts for another nine months in an effort to bring the oil market back into balance. *Keeping in place the 1.2..
Zero Hedge

Next OPEC meeting will be held Nov. 30: OPEC President Khalid al-Falih


Oil futures decline accelerates after completion of OPEC meeting in Vienna


"Sell The News" - WTI Tumbles Below $50 After OPEC Disappointment

sell the news - wti tumbles below $50 after opec disappointment
Confident anchors across the media have been proudly proclaiming the rise above $50 as proof that the oil market is heading toward equilibrium again and OPEC's production cut deal extension will be..
Zero Hedge

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