Oil Prices ///

U.S. fills in on oil where OPEC refuses to go

President Donald Trump has from time to time lobbed tweets toward OPEC, imploring it to open the spigots and boost supply to lower the price of oil.

Oil holds gain as OPEC signal on output cuts counters trade risk

Oil held gains on signs that OPEC and its allies will extend production cuts beyond June, while prices remained capped by worsening trade relations between the U.S. and China.

Russia's open to relaxing OPEC+ cuts as Saudis urge restraint

From easing the limits to ending the extreme throttling-back that has seen some countries exceed original cutback targets, Russia sees a range of options that would allow OPEC+ to continue output cooperation until year-end.

OPEC signals intention to keep limits on oil supply through 2019

Saudi Arabia and other key producers in OPEC signaled their intention to keep oil supplies constrained for the rest of the year, while pledging to prevent any genuine shortages.

Russia's Energy Minister Novak says too soon to discuss oil-cut options

Oil producers meeting in Saudi Arabia, must assess the situation in the market before considering possible action such as extending output cuts, Russia’s Energy Minister Alexander Novak told reporters in the Red Sea city.

OPEC+ grapples with Iran crisis as ministers meet in Jeddah

When OPEC meets in Jeddah, their conversation will focus on Iran.

Oil gyrates below $62 as trade war counters straining supplies

Oil fluctuated near its lowest point since early April, as trade-war escalation raised fears about the economy even as a shutdown of a key North Sea platform added to supply disruptions.

Saudis willing to meet all orders from ex-Iran oil buyers

If you have had to stop buying oil from Iran, Saudi Arabia has you covered, for June, anyway.

Aramco cuts oil prices to U.S. as Trump tightens Iran sanctions

Saudi Arabia, the world’s biggest oil exporter, cut June pricing for all crude grades to the U.S. and raised most pricing to other regions.

Lessons from big oil earnings, first quarter 2019

Big Oil had a mixed first quarter, showing continued recovery from the biggest downturn in a generation, but chinks in their armor against the onslaught of volatile markets.

The volatile politics of OPEC actually steadied oil production in April

OPEC nations' volatile politics meant that oil production from the cartel held steady last month, as losses in some members were offset by gains in others.

Oil retreats as U.S. stockpile build counters global supply fears

Oil retreated amid signs of a sharp increase in U.S. crude inventories and concerns over the strength of economic growth in China.

Oil retreats following Trump's renewed call for lower prices

Oil slipped again, extending its biggest retreat in two months, after U.S. President Donald Trump renewed his push for lower prices and Russia said it would soon resolve a problem with contaminated supplies.

Total’s cash flow up as record output offsets lower oil price

Total boosted cash flow in the first quarter as record hydrocarbon output and soaring sales of LNG compensated for a drop in crude prices.

Trump's widening OPEC fight puts Saudi oil capacity in spotlight

The biggest threat to President Trump’s hopes for low gasoline prices is his growing entanglement in the politics of OPEC nations.

Oxy faces a heavyweight in Anadarko Prize Fight

Anadarko Petroleum's executives will be big winners in bidding war. Oh yeah, and the shareholders, too.

U.S. may not be able to offset Iran oil losses

Secretary of State Mike Pompeo proclaimed America’s ability to help offset supply losses when the the U.S. vowed to stop any sales of Iranian crude. Maybe, but it would be a stretch.

Trump will not renew waivers, demands zero exports from Iran

The Trump administration will not renew renew waivers that allow countries to buy Iranian oil without facing U.S. sanctions.

Oil's facing odds of demand worsening before getting better

Oil’s march back toward a four-year high is now facing some roadblocks in the form of demand in Asia, though the path may clear to allow further gains later this year.

OPEC gambles with success of production cuts as $80 oil looms

After managing to revive oil prices through production cutbacks, OPEC now risks squandering its victory again by letting crude surge too high.