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OPEC to discuss ending or extending production cut in November - Kuwait minister

CAIRO (Reuters) - OPEC will discuss at a meeting in November whether to extend or end production cuts, Kuwait's oil minister Essam al-Marzouq told Kuwait TV on Monday.
Sify Also reported by •Reuters India

Oil Holds Steady As OPEC Meets To Talk Slipping Compliance

Oil prices were steady early on Monday morning, searching for a catalyst for direction while OPEC is holding a meeting of its Joint OPEC-Non-OPEC Technical Committee (JTC), which monitors the cartel..

Videos for "Opec Meeting"

News video: OPEC Meeting to Tackle Production Cut Compliance

OPEC Meeting to Tackle Production Cut Compliance 02:42

Aug.07 -- OPEC producers are preparing for discussions this week in Abu Dhabi on why some members are lagging on pledges made to cut output. Bloomberg's Julian Lee reports on "Bloomberg Daybreak:..
Source: Bloomberg Global Business -

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 -


Crude Oil Clings To $48 As OPEC Gathers

WASHINGTON (dpa-AFX) - Crude oil futures were slightly higher Monday morning ahead of OPEC's meeting in Vienna.The cartel is expected to discuss its supply quota plan with Russia.'Given rising OPE...

Oil prices down ahead of OPEC/non-OPEC meeting

(MENAFN - AzerNews) By World oil prices are doing down on Aug.21 ahead of the meeting of the OPEC/non-OPEC Joint Technical Committee to be held on 21-25 August in Vienna. The p...
MENAFN.com Also reported by •RTE.ie

Analysts See OPEC Compliance Erode In H2 2017

OPEC’s compliance with the output cuts will continue to slip in the second half this year, despite recent rhetoric reiterating the cartel members’ commitment to stick to the production quotas,..

OPEC Meeting Fails To Impress Market With Reaffirmation

Iraq, Kazakhstan, and the United Arab Emirates—three of OPEC’s most disobedient members when it comes to adhering to the production cut deal agreed to in November last year—reaffirmed their..

Futures Movers: Oil prices tug lower on doubts OPEC meeting will deliver


Oil prices retreat as OPEC meeting gets underway


Here's a super-quick guide to what traders are talking about right now

here's a super-quick guide to what traders are talking about right now
Dave Lutz, head of ETFs at JonesTrading, has an overview of today's markets. · US Stock markets continue to put up record highs. · Traders are enjoying their summer and trading volumes are low..
Business Insider

OPEC meeting kicks off in Abu Dhabi


Canadian Dollar Falls On Oil Prices Decline

CANBERA (dpa-AFX) - The Canadian dollar dropped against its major counterparts in the early European session on Monday, as oil prices fell ahead of the OPEC meeting later in the day, which will as...

The Two OPEC Members Benefitting From The Cut

While OPEC is preparing for yet another meeting to discuss compliance with its notorious production cut deal, two of its members are enjoying something of a windfall thanks to high demand for their..

As Oil Prices Rise, Are Oil Bulls Too Optimistic?

Optimism, at first tentative and in the last week more pronounced, has been taking over oil markets. Short positions on WTI were at a three-month low as of Monday, according to Bloomberg, while long..

Oil prices near a two-month high as Opec sets another meeting

oil prices near a two-month high as opec sets another meeting
Oil prices rose to nearly a two-month high today as the market reacted to news of a meeting between oil producers next week and possible sanctions from the US against Venezuela's oil sector. July..
City A.M.

Brent crude oil prices extend gains beyond $49

brent crude oil prices extend gains beyond $49
Oil prices have extended gains by more than one per cent following yesterday's meeting of the Organisation of the Petroleum Exporting Countries (Opec). Global benchmark Brent crude was trading 1.15..
City A.M.

FTSE 100 rebounds into positive territory; oil holds gains following OPEC meeting


Oil Markets Unimpressed By OPEC Meeting

The 4th OPEC- Non-OPEC Ministerial Monitoring Committee meeting in St Petersburg, Russia, has – as expected- been a renewal of commitment by the leading producers Saudi Arabia, Russia and others, to..

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

Oil steady ahead of producer meeting; Nigeria, Libya output in focus

TOKYO (Reuters) - Oil prices held around a one-week low on Monday ahead of a joint OPEC and non-OPEC meeting later in the day that may address rising output in Nigeria and Libya.
Reuters India

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