Home
> OPEC
OPEC
Commodities round-up: Oil futures spike to 15-month high on US inventory data
Greater than expected decline in US crude stockpiles for sixth successive week sparks oil futures market frenzy.
Commodities round-up: Oil futures maintain levels as Saudi crude production slides
Oil price registers modest movement as Saudi data points to lower crude production.
Emir of Kuwait dissolves parliament over 'lack of cooperation'
An early election is now predicted in the country.
Commodities round-up: Divergent supply and inventory data tugs send oil futures sideways
Oil benchmarks saw another volatile session after data pointing to supply drops neutralised crude inventories build-up stateside.
Commodities round-up: Fears over rising oil supplies drag WTI futures back below $50
Oil benchmarks slide on oversupply sentiment, while precious metals struggle against a stronger dollar.
Commodities round-up: Dollar strength inspires another precious metals slide
Gold, silver benchmarks drop further, while oil futures retreat from recent highs on profit-taking.
Commodities round-up: Gold futures retreat as dollar spikes on US rate hike expectations
Dollar bull-run sends precious metals lower, while oil benchmarks shed gains triggered by Putin's willingness to cooperate with Opec.
Commodities round-up: Vladimir Putin's comments trigger oil futures spike
Russian president says Kremlin is willing to join Opec's effort to cut oil production.
Commodities round-up: Oil benchmarks slide as traders indulge in profit-taking
Brent and WTI see marginal declines, while precious metals resume recovery run.
Commodities round-up: Gold slump continues while WTI crude rises above $50 mark
Strong dollar clobbers precious metals, while oil futures continued to rally for fourth successive session.
Barring India, Asian markets gain amid Opec deal to cut oil production
Indian markets declined amid surgical strikes by the Indian forces on Pakistan-administered Kashmir region.
OPEC agrees to cut oil production for first time in eight years
Brent crude rose to $49 a barrel on the news after a meeting of the cartel in Algeria.
Commodities round-up: Oil rises on Algerian minister's quote, gold hit by Trump effect
Brent and WTI rallied on Algerian energy minister's claim that a production freeze agreement was on the horizon.
Saudi Aramco to consider London Stock Exchange for 2018 listing, says CEO
Boss of state-owned fuel behemoth also expects oil market to remain volatile in the near future.
Opec members to discuss oil production freeze in Algeria meeting
Algerian oil minister Noureddine Bouterfa hopes to achieve 'elements of an agreement'.
Commodities Round-up: Gold recovers but oil futures slide following bearish Opec report
Crude futures continued to falter as Opec's monthly report pointed to rising global oil supplies
Is the Saudi Arabia and Russia deal to stabilise oil prices another false dawn?
The two countries account for more than 25% of the world's crude oil production.
Commodities Round-up: Oil spikes on Saudi-Russian G20 agreement on market stability
Futures rose by 1.5% after two of the world's leading producers agree to try to stabilise global supply.
Commodities Round-up: Stronger dollar, US inventory data clobber oil futures
Saudi Arabia sought to reassure the oil market while a stronger dollar dragged crude and precious metal futures lower.
Commodities Round-up: Oil futures spike as Saudis see 'positives' in freezing production
Output freeze will indicate contentment with oil market situation, says Saudi minister Khalid Al-Falih
Most Asian stock markets gain as oil prices near eight-week highs
Investors are now said to be looking forward to clarity from US Fed chairperson Janet Yellen on interest rate increase.
Commodities Round-up: Oil spikes to three-week high on production freeze speculation
Saudi willingness to discuss an oil production freeze continues to support oil prices.
Commodities Round-up: Oil futures stabilise following IEA report in favour of market rebalancing
Crude futures enter steady mode but precious metals lose shine on stronger dollar.
Commodities Round-up: Oil market betting on price declines despite futures uptick
Money managers increase bets on oil prices falling despite price rises seen over the past 24 hours.
Commodities Round-up: Oil spikes on output freeze chatter despite dismissive quips from Russia
Market speculation that Opec is working on another bid to cut production sends oil futures on recovery run
Commodities round-up: Silver near two-year high as oil recovers on supply outages
Silver futures cap $20 an ounce while supply outages help oil prices recover.
Brent crude maintains seven-month high
Brent August futures traded above $50 per barrel level bucking the decline in US oil inventories.
Asian shares flat ahead of US jobs report
Investors awaiting release of US Labor Department's non-farm payroll data for May.
OPEC fails to publish production quota, readmits Gabon
Mohammed Sanusi Barkindo named as new secretary general.
Iran-Saudi Arabia divisions set to re-emerge at Opec summit
Riyadh reportedly in favour of imposing ceiling on Opec's collective crude output to support weak prices.