Oil producers, like Saudi Arabia, used to fight for market share but are becoming more price sensitive, says Craig McMahon at Wood Mackenzie.
Sean Taylor, CIO at Deutsche AM, discusses Russia's participation in an OPEC output curb and how this will impact Asian markets.
It remains to be seen whether OPEC's output cut will be actually implemented, says ClipperData's Matt Smith.
Oil stocks might have surged on news of the OPEC deal but the markets are largely stalled out, says Hugh Johnson at Hugh Johnson Advisors.
Jim Cramer spoke with Gary Heminger, who says the supply of crude could be in balance shortly.
OPEC's production cut of 1.2 million barrels per day saw Saudi Arabia doing much of the heavy lifting.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
Oil prices surged as as some of the world's largest oil producers agreed to curb oil output.
Cashin says, "When nobody can see what's going on, the cheating begins almost immediately."
Donald Trump needs to build a solid foundation of economic growth drivers, Allianz Chief Economic Advisor Mohamed El-Erian tells CNBC.
General Motors stands to lose money on every Chevy Bolt it sells, shedding light on the actual profitability of electric cars overall.
Rob Thummel, Managing Director, Tortoise Capital Advisors, discusses how to make money in the energy space following OPEC's deal to cut production.
With OPEC deal falling into place and other market forces at work, the new norm for crude could be $50 to $60, says trader Naeem Aslam.
Oklahoma City-based Devon Energy, for one, leaped more than 13.5 percent in morning trade.
CNBC's Steve Sedgwick reports the latest surrounding OPEC's production agreement. Mike Rothman, Cornerstone Analytics, weighs in.
Doug Terreson, Evercore ISI, shares his take on OPEC's production agreement, and what this means for oil. The "Fast Money Halftime Report" traders weigh in.
All 14 members of the Organization of the Petroleum Exporting Countries agreed to cut output by about 1.2 million barrels per day.
OPEC has reached a deal to curtail oil production for the first time since 2008, the oil-producing cartel announced on Wednesday.
CNBC's Jackie DeAngelis discusses the morning activity in the commodities markets after oil surges on reports of an OPEC production deal.
Saudi Arabia's minister of energy told CNBC that he was relatively optimistic that OPEC could agree a deal to curtail oil production.
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