News OPEC

Reuters: Oil slips a second day as coronavirus cases spiral amid stimulus talks

Reuters: Oil slips a second day as coronavirus cases spiral amid stimulus talks

West Texas Intermediate was down 9 cents, or 0.2%, at $41.65 a barrel by 0039 GMT, after dropping around 0.2% on Thursday.
09:00, 20 November 2020
Bloomberg: UAE tries to lower temperature in dispute with OPEC allies

Bloomberg: UAE tries to lower temperature in dispute with OPEC allies

The UAE has not said publicly it's debating its membership, let alone planning to exit.
15:15, 19 November 2020
Reuters: Oil prices ease as rising COVID-19 cases outweigh vaccine optimism

Reuters: Oil prices ease as rising COVID-19 cases outweigh vaccine optimism

Brent crude futures shed 17 cents, or 0.4%, to $44.17 a barrel by 0345 GMT, after gaining 1.4% on the previous day.
09:00, 19 November 2020
Reuters: Oil climbs higher on China, Japan rebound, hopes of OPEC+ supply curb

Reuters: Oil climbs higher on China, Japan rebound, hopes of OPEC+ supply curb

Brent crude futures for January rose 44 cents, or 1%, to $43.22 a barrel by 0204 GMT.
09:00, 16 November 2020
Reuters: Oil slumps as COVID-19 infections surge, U.S. vote-count drags on

Reuters: Oil slumps as COVID-19 infections surge, U.S. vote-count drags on

OPEC+ is expected to delay bringing back 2 million barrels per day of supply in January.
09:00, 06 November 2020
Reuters: Oil steady as Russia holds out prospect of output cut extension

Reuters: Oil steady as Russia holds out prospect of output cut extension

Both contracts are heading for their first weekly loss in three.
09:00, 23 October 2020
Reuters: Oil prices slip as U.S. inventory build stokes fears of supply glut

Reuters: Oil prices slip as U.S. inventory build stokes fears of supply glut

Crude inventories rose by 584,000 barrels in the week to October 16 to about 490.6 million barrels.
09:00, 21 October 2020
Reuters: Oil prices drop for 4th day as COVID-19 second wave worries intensify

Reuters: Oil prices drop for 4th day as COVID-19 second wave worries intensify

Brent crude LCOc1 futures fell 32 cents, or 0.8%, to $42.30 a barrel by 0418 GMT, after falling 31 cents on Monday.
09:00, 20 October 2020
Reuters: Oil prices rise, head for weekly gain amid cautious hopes for fuel demand recovery

Reuters: Oil prices rise, head for weekly gain amid cautious hopes for fuel demand recovery

Brent crude LCOc1 was up 14 cents, or 0.3%, at $45.10 by 0043 GMT, heading for a gain of about 1.6% this week.
09:00, 14 August 2020
Reuters: Oil edges lower after OPEC report, U.S. stocks draw supports

Reuters: Oil edges lower after OPEC report, U.S. stocks draw supports

Brent crude LCOc1 was down 8 cents at $45.35 a barrel by 0726 GMT, after a gain of around 2% in the previous session.
09:00, 13 August 2020
Reuters: Oil prices ease after OPEC, allies agree to taper oil supply curbs

Reuters: Oil prices ease after OPEC, allies agree to taper oil supply curbs

The Organization of the Petroleum Exporting Countries and its allies agreed on Wednesday to scale back oil production cuts from August.
09:00, 16 July 2020
Reuters: Oil prices fall on demand concerns from U.S. coronavirus case surge

Reuters: Oil prices fall on demand concerns from U.S. coronavirus case surge

U.S. West Texas Intermediate (WTI) crude CLc1 futures fell 17 cents, or 0.4%, to $40.46 a barrel at 0340 GMT.
09:00, 07 July 2020
Reuters: Oil rises after drop in U.S. crude stocks suggests demand pickup

Reuters: Oil rises after drop in U.S. crude stocks suggests demand pickup

Brent crude LCOc1 rose 48 cents, or 1.2%, to $41.75 a barrel by 0345 GMT after declining more than 1% on Tuesday.
09:00, 01 July 2020
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