Topic: OPEC

Despite pronouncements by Saudi royalty and oil officials that that country will not let the price of oil go above $100 a barrel, Brent crude prices now appear poised to breach $120 a barrel.    Read More

Gold priced in euros broke above of key trend line Monday morning, as safe-haven buying and upward technical momentum continue to help the precious metal rally.    Read More

If Iran were to shut down the Strait of Hormuz, Brent crude would surge to between $150 and $200 a barrel, according to an oil analyst with Societe Generale.   Read More

Oil prices are bubbling higher on concerns geopolitical risks to global oil supplies are rising, amid an increase in sectarian violence in Iraq and as Iran reacts to the prospects of increased sanctions.   Read More

Global economics may be pushing oil lower, but this strategist says political forces will limit its fall, and she has a trade on that view.   Read More

With one final shopping week to go, investors will be keeping their eye on the consumer to see how holiday sales shake out and what it might mean for the economy.   Read More

The negativity that’s driving the euro lower could keep pressure on stocks and commodities prices Thursday.   Read More

The OPEC meeting is one of the bigger events for markets on Wednesday, and traders will also be watching Europe as the euro continues to weaken on disappointment about the response to the sovereign debt crisis.    Read More