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International Organizations OPEC

  • *Russia indicates it can lift oil output if OPEC curbs lapse. NEW YORK, April 24- Oil prices slipped nearly 1 percent on Monday, extending last week's decline, on lack of confirmation that OPEC will extend output cuts until the end of 2017 and as Russia indicated it can lift output if the deal on curbs lapses. Russian oil output could climb to its highest rate in 30 years...

  • A customer prepares to pump gasoline at an Arco gas station in Mill Valley, Calif.

    Weak demand within the energy complex could bubble up to the crude oil market, analysts say.

  • Bond traders at CME Group

    U.S. government debt prices were lower on Monday as investors digested the results from the first round of the French election.

  • Vessels pass an oil refinery in the waters off the southern coast of Singapore.

    Oil gave up gains on Monday as a rise in U.S. drilling countered expectations that OPEC will extend output cuts until the end of 2017.

  • Should OPEC exend production cut?

    RBC Capital Markets Global Head of Commodity Strategy Helima Croft discusses the price impact of the OPEC production cut and whether the cartel will extend it beyond the original end date.

  • *Russia indicates it can lift oil output if OPEC curbs lapse. NEW YORK, April 24- Oil prices slipped nearly 1 percent on Monday, extending last week's decline, on lack of confirmation that OPEC will extend output cuts till the end of 2017 and as Russia indicated it can lift output if the deal on curbs lapses. Russian oil output could climb to its highest rate in 30 years...

  • *Russia indicates it can lift oil output if OPEC curbs lapse. NEW YORK, April 24- Oil prices slipped about 1 percent on Monday, extending last week's decline, on lack of confirmation that OPEC will extend output cuts till the end of 2017 and as Russia indicated it can lift output if the deal on curbs lapses. Russian oil output could climb to its highest rate in 30 years if...

  • *OPEC looks set to extend output cuts through 2017. LONDON, April 24- Oil prices dipped on Monday, reversing earlier gains as concerns about a pick up in U.S. drilling activity trumped expectations that OPEC will extend output cuts till the end of 2017.. Oil prices rose earlier in Monday's session after last week's recommendation by a panel of OPEC and other...

  • *Extension to OPEC- led cuts in focus amid high inventories. MOSCOW, April 24- Russian oil output could climb to its highest rate in 30 years if OPEC and non- OPEC producers do not extend a supply reduction deal beyond June 30, according to comments by Russian officials and details of investment plans released by oil firms. The Organization of the Petroleum Exporting...

  • U.S. stock index futures pointed to a higher open on Monday as the market's favored candidate progressed to the second round of the French election.

  • *OPEC looks set to extend output cuts through 2017. LONDON, April 24- Oil prices recovered some lost ground on Monday after big losses last week, driven by expectations that OPEC will extend output cuts till the end of 2017, although a rise in U.S. drilling capped gains. Leading Gulf oil exporters Saudi Arabia and Kuwait gave a clear signal at a conference in Abu Dhabi...

  • *OPEC looks set to extend output cuts through 2017. LONDON, April 24- Oil prices recovered some lost ground on Monday after big losses last week, driven by expectations that OPEC will extend output cuts till the end of 2017, although a relentless rise in U.S. drilling capped gains. Leading Gulf oil exporters Saudi Arabia and Kuwait gave a clear signal at a conference...

  • *OPEC looks set to extend output cuts through 2017. SINGAPORE, April 24- Oil prices recovered lost ground on Monday following big losses last week, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although a relentless rise in U.S. drilling capped gains. "WTI oil slipped back below the $50 per barrel level, amid concerns that the...

  • *OPEC looks set to extend output cuts through 2017. SINGAPORE, April 24- Oil prices recovered ground on Monday following last week's big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although a relentless rise in U.S. drilling capped gains. "WTI oil slipped back below the $50 per barrel level, amid concerns that the...

  • *OPEC looks set to extend output cuts through 2017. SINGAPORE, April 24- Oil prices recovered some ground on Monday following last week's big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although a relentless rise in U.S. drilling capped gains. "WTI oil slipped back below the $50 per barrel level, amid concerns that...

  • *OPEC looks set to extend output cuts through 2017. SINGAPORE, April 24- Oil prices recovered some ground on Monday following last week's big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although a relentless rise in U.S. drilling capped gains. "WTI oil slipped back below the $50 per barrel level, amid concerns that...

  • *Russian energy minister won't say whether to join new OPEC cuts. NEW YORK, April 21- Oil prices tumbled more than 2 percent on Friday, notching the biggest weekly decline in more than a month on mounting evidence that U.S. production and inventory growth were offsetting OPEC's attempts to reduce the global crude glut. Brent futures settled at $51.96 a barrel, down...

  • A worker checks the valve of an oil pipe at Nahr Bin Umar oil field, north of Basra, Iraq.

    Oil prices fell on doubts that an OPEC-led production cut will restore balance to an oversupplied market.

  • *Russian energy min won't say if would join new OPEC cuts. An OPEC and non- OPEC technical committee on Friday recommended that the agreement be extended, even though the market is concerned about the pace of inventory decline. On May 25 OPEC and non- OPEC members will decide whether to extend cuts of almost 1.8 million barrels per day.

  • LONDON, April 21- An OPEC and non- OPEC technical committee recommended that producers extend a global deal to cut oil supplies for another six months from June, a source familiar with the matter said, in an effort to clear a glut of crude that has weighed on prices. Compliance numbers were also reviewed at the meeting in Vienna on Friday that comprised of officials...