International Organizations OPEC


  • OPEC's high-stakes poker game

    Discussing oil price volatility and where oil will settle, with Francisco Blanch, BofA Merrill Lynch Global Research.

  • Venezuela is one of the nations most threatened by civil unrest resulting from low oil prices. The Latin American nation has already experienced discord this year, as shown in this image of protesters in Caracas in February.

    Lower oil prices are good for some countries and bad for others. In a few, things could get ugly.

  • Here's the scary thing about oil's decline

    Pavel Molchanov, Raymond James, Stephen Schork, Schork Report editor talk about oil's impact on natural gas.

  • Oil price decline is good for agriculture too!

    Martin Richenhagen, CEO of AGCO, an agricultural machinery company discusses, how the falling price of oil is good for his company and how the sector must adapt to changing diets in emerging markets.

  • A worker pours liquid oil into a barrel at the delayed coker unit of the Duna oil refinery operated by MOL Hungarian Oil and Gas Plc in Szazhalombatta, Hungary.

    Crude prices came under renewed pressure on Monday, and Brent hit five-year lows of nearly $60 a barrel and U.S. oil prices fell below $56 a barrel.

  • Commodities tomorrow: Oil's increasing market toll

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Another volatile day for crude as WTI and Brent were both down on the day.

  • Gasoline average nears $2.50

    CNBC's Jackie DeAngelis reports crude oil sits at fresh 5-year lows and the national average for gas is at $2.54.

  • Gauging productivity of US oil wells

    Insight to when a decline in growth of U.S. oil production could realistically happen, with Jason Bordoff, Columbia University professor.

  • OPEC Chief: We can ride out price drop

    OPEC's Secretary General Abdullah El-Badri said its members can ride out a price drop in oil and keep output unchanged.

  • Shale plays are getting close to bottom

    Shale plays are starting to become "uneconomic" at $60 per barrel, and a further drop would only make things worse, says Stewart Glickman, equity analyst and group head of energy and materials at S&P Capital IQ.

  • Is oil the only asset spooking investors?

    As plummeting oil prices hit markets, Carter Worth, chief market technician at Sterne Agee, discusses whether it's just oil that's spooking investors.

  • Beware of more downside in oil next year: JPMorgan

    Unless OPEC meets and adheres to new production levels, oil will see more downward pressure in 2015, says Scott Darling, Head of Oil & Gas Research at JPMorgan.

  • Oil prices will rebound within 3-6 months: Pro

    Barry Dawes, Head of Resources at Paradigm Securities, explains his optimism for a rebound in energy prices, but warns that crude oil could fall to near $50 a barrel in the short term.

  • OPEC Secretary General Abdullah al-Badri listens to a question at the Oil & Money conference in central London, October 29, 2014.

    The head of OPEC said on Sunday the group had no target price for oil, and urged Gulf states to continue investing in exploration and production.

  • Commodities Next Week: No one call's oil bottom

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude closed under $58 today. Consumers are said to be saving $375 million/day on fuel costs.

  • EU shouldn't count on Putin: Richardson

    Former Gov. Bill Richardson, (D-N.M.), discusses his concerns about stability issues looming in the Middle East and Russia as oil prices crumble.

  • Oil: Bad for energy sector, good for us

    The continual drop in oil prices is good for the consumer and is a "great opportunity" for heavy oil importers in emerging world, like Indonesia, says Marc Ostwald, strategist at ADM Investor Services.

  • A gas station attendant fills a customer's vehicle in Turnersville, New Jersey December 4, 2014.

    US crude settled down 99 cents, or 1.6 percent lower, at $59.95 per barrel, its lowest close since July 14, 2009.

  • Commodities tomorrow: Oil under $60, could go lower

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil bounced around before it fell below $60 near the close. There's simply too much oil on the market and too little demand. And OPEC isn't going to cut production any time soon.

  • China stocks will stop losses, but not oil: Pro

    Mark Matthews, Head of Research for Asia at Bank Julius Baer, says Chinese shares remain on an uptrend and expects a floor to recent declines. He later explains why the same can't be said for oil markets.