• Crude Oil Rallies As OPEC Agrees To Raise Output

    2 monthes ago - By Forbes

    OPEC agreed to bump production at its latest meeting, but the market expected more.
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  • Trump urges OPEC to 'keep prices down' as oil cartel's meeting wraps up

    2 monthes ago - By CNBC

    President Donald Trump said on Friday he wants OPEC to raise its oil production.
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  • OPEC Agrees to Raise Output

    2 monthes ago - By Economy

    The new deal will likely increase global supply by less than the approved 1 million bpd.
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  • Win-win deal for Russia & Saudi Arabia: OPEC agrees to ramp up production

    Win-win deal for Russia & Saudi Arabia: OPEC agrees to ramp up production

    2 monthes ago - By RT

    OPEC and non-member allies led by Russia have agreed to raise oil production by a million barrels per day. It can be regarded as a victory for Saudi Arabia and Russia, which had pushed to boost output to alleviate high prices.
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  • Emails Raise Questions About Interior Secretary Zinke's Link With Oil Executive

    Emails Raise Questions About Interior Secretary Zinke's Link With Oil Executive

    2 monthes ago - By NPR

    Congressional Democrats and a public watchdog group are calling for an ethics investigation into the secretary over a land deal between the Zinke family and oil and gas company Halliburton.
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  • Oil Prices Climb On News Of OPEC Agreement

    2 monthes ago - By Forbes

    Oil markets reacted positively to news that OPEC reached compromise but the organization declined to address specific production numbers.
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  • Oil is rallying after OPEC reportedly strikes a deal to raise production

    Oil is rallying after OPEC reportedly strikes a deal to raise production

    2 monthes ago - By Business Insider

    Oil prices rose more than 2% on Friday.
    OPEC reportedly reached a deal to raise output by a nominal one million barrels per day.
    Follow oil in real time here.
    Oil prices rose more than 2% Friday after OPEC reportedly reached a deal to ease supply cuts that have been propping up prices for nearly two years.
    West Texas Intermediate rose 1.95% to $67.08 a barrel at 8:45 a.m. ET. Brent, the international benchmark, was up 1.85% to $74.80 a barrel.
    Bloomberg reports that OPEC, which is meeting Friday and Saturday in Vienna, said the cartel will gradually raise output beginning in July by about...
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  • OPEC agrees modest hike in oil supply after Iran softens stance

    2 monthes ago - By Reuters

    VIENNA - OPEC agreed on Friday on a modest increase in oil production from July after its leader Saudi Arabia persuaded arch-rival Iran to cooperate amid calls from major consumers to help reduce the price of crude and avoid a supply shortage.
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  • OPEC reaches deal to raise oil output from July: source

    2 monthes ago - By Reuters

    VIENNA - OPEC agreed on Friday to raise oil production by around 1 million barrels per day from July for the group and its allies, an OPEC source said.
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