OPEC
OPEC Articles
OPEC increased its 2018 estimate of U.S. production growth by 1.3 million barrels a day in the cartel's monthly oil market report released Monday.
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The U.S. crude oil inventory dipped by nearly 7 million barrels last week, but gasoline inventories, crude oil production and both crude oil and refined product exports rose sharply.
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OPEC has raised its estimates of global oil demand for both 2017 and 2018. U.S. production in 2018 is forecast to rise by 1.15 million barrels a day.
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As crude oil production cuts from members of OPEC and its allies slowly drain global stockpiles, the price of benchmark Brent crude has risen to around $70 a barrel. At that level, more drilling...
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The U.S. land rig count fell by just 1 this week as oil rigs dropped by 4 and gas rigs added 3 to the total count of 930. A year ago the total U.S. rig count was 637.
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The U.S. Energy Information Administration reported a drop of more than 5 million barrels in the nation's crude oil stockpile. U.S. crude inventories have moved into the middle of the 5-year average...
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In its December Monthly Oil Market Report, OPEC shows increased concern over expected increases in U.S. production next year that could undo all the gains in crude prices that have been made this...
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Exxon Mobil is one of the top oil and gas players in the world, and investors need to be considering how they should evaluate the company ahead.
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The agreement struck on Thursday among oil-producing nations extends the production cuts through the end of next year, but leaves a way out for those who don't want to stick it out for the whole of...
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OPEC ministers have agreed to extend their production cuts through the end of next year, but Russia has still not bought in to the plan.
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Concealed guns may soon be legal in all 50 states, Elon Musk wants to bring high speed trains to Chicago, and other important headlines.
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Venezuela may be in default, AT&T believes the White House may be blocking its takeover of Time Warner, OPEC may expand its membership, and more important headlines.
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OPEC production fell by about 0.5% month over month in October according to the cartel's latest Monthly Oil Market Report. October production was essentially flat with 2016's daily average of 32.64...
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OPEC on Tuesday released its 2017 World Oil Outlook. The publication projects the future of the world's oil markets and sees at least one potential big bump in the road.
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"Jigsaw" was the biggest winner at last week's box office, Puerto Rico is about to kill a large energy supply deal, and more important headlines.
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