All eyes are on the Organization of Petroleum Exporting Countries meeting in Vienna Wednesday as OPEC's self-imposed Nov. 30 deadline to reach an agreement to cut production looms with no deal finalized. Crude oil prices surged on Wednesday on reports that the organization may agree to a compromise...
Oil prices have been falling throughout the week, hitting a 10-month low on Wednesday, but Friday trading has seen a slight recovery. (Click to enlarge) (Click... OilPrice.com - MarketsAlso reported by •Reuters
The American Petroleum Institute (API) reported a build of 851,000 barrels in United States crude oil inventories, compared to analyst’s rather... OilPrice.com - MarketsAlso reported by •SeattlePI.com •Reuters •Reuters India •Zero Hedge
Crude oil started the week with a loss, which may be extended today as U.S. shale drillers continue to add rigs, and Libya and Nigeria ramp up production,... OilPrice.com - MarketsAlso reported by •Reuters •Reuters India