Political, regulatory and legal challenges may discourage Riyadh from pursuing a U.S. listing for Saudi Aramco. » Read More
OPEC is an organization in name only and its members are political entities who are motivated by political factors, says Wells Fargo Funds' Brian Jacobsen.
SINGAPORE, Sept 29- Oil futures extended gains on Thursday after rising nearly 6 percent the day before on a surprise move by OPEC to curb crude output. But how much each country will produce is to be decided at the next formal OPEC meeting in November, when an invitation to join cuts could also be extended to non- OPEC countries such as Russia. "The decision really took...
There are still questions about the OPEC deal, such as how countries who want to raise output will be dealt with, says Platts Analytics' Jenna Delaney.
The "Fast Money" traders looked in the energy sector as oil rallied on the back of a OPEC production limit agreement on Wednesday.
Helima Croft, RBC Capital Markets, discusses OPEC's reported agreement to limit production in November and what it means for the oil markets. The "Fast Money" traders weigh in.
The "Fast Money" traders share their takes on oil's rally and news that OPEC has reportedly agreed to limit production in November.
Ed Morse, Citi global head of commodities research & managing director, shares his take on OPEC's reported agreement to limit production in November and what effect it has on the oil market.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
CNBC's Bob Pisani looks at the day's market action, including the news that OPEC has reportedly agreed to limit production in November and what effect it has on the oil market.
Concessions offered by Saudi Arabia to lock down a deal to limit oil supply show Riyadh is getting pinched by its own policy, John Kilduff said.
Discussing the current state of the markets with Keith Fitz-Gerald, MoneyMorning.com; Steve Grasso, Stuart Frankel; and CNBC's Rick Santelli.
John Kilduff, Again Capital Partner, clarifies his position on the news that OPEC has reportedly agreed to limit production in November and what effect it has had on the oil market.
Todd Gordon, TradingAnalysis.com, and Boris Schlossberg, BK Asset Management, discuss the OPEC headlines' impact on the energy sector with Brian Sullivan. CNBC's Jackie DeAngelis weighs in.
The energy sector was the best performing group in the S&P 500 on Wednesday.
About 100 oil and gas companies have filed for bankruptcy since the start of the oil price rout, and as many more could file before the cycle ends.
John Kilduff, Again Capital Partner, discusses the news that OPEC has reportedly agreed to limit production in November and what effect it has had on the oil market.
CNBC's Jackie DeAngelis reports on the close of the oil markets following OPEC news out of Algeria.
HOUSTON, Sept 28- WTI futures rose 3.6 percent to $46.41 a barrel, while Brent crude rose 3.9 pct to $47.78 a barrel on a Reuters report, citing an OPEC source, that the group had reached a deal to limit oil production in November.
According to Reuters, OPEC has reached an agreement to limit oil production in November. The "Power Lunch" crew weighs in.
WTI FUTURES UP $1.61 OR 3.6 PERCENT AT $46.41 A BARREL AS OPEC REACHES A DEAL TO LIMIT OIL PRODUCTION IN NOVEMBER.