International Organizations OPEC

More

  • OPEC: We want more stability in 2015

    OPEC's first female president, Diezani Alison-Madueke, says that non-OPEC members need to "share the burden" of falling oil prices.

  • OPEC's unity is 'pretty thin': CEO

    After OPEC's decision to hold oil production, Bill Farren-Price, CEO of Petroleum Policy Intelligence, says that the organization will inevitably hold another meeting if prices continue to decrease.

  • OPEC meeting: Shale oil adds difficulties

    Ahead of the OPEC meeting, Jamie Webster, senior director of Global Oil Markets at IHS Energy says he thinks there won¿t be a cut, whilst shale oil poses extra challenges for the OPEC meeting.

  • Do all oil ministers want short-term fixes?

    Ahead of OPEC meeting, CNBC talked to various oil ministers on their opinions about future oil cuts.

  • Al-Naimi Vs. Sedgwick

    Ahead of the OPEC meeting, CNBC looks at Steve Sedgwick's encounters Saudi Arabia's oil minister, Ali Al-Naimi.

  • Banks in pain from oil market exposure?

    When considering the oil markets and its falling oil prices, banks must be considered as a risky area for 2015 says Steen Jakobsen, chief economist at Saxo Bank.

  • Workers check the valves at the Taq Taq oil field in Arbil, Iraq, in this Aug. 16, 2014 photo.

    Oil futures sank to a fresh four-year low overnight as ministers from the Organization of the Petroleum Exporting Countries are set to meet Thursday.

  • Things haven't changed with Naimi

    Ahead of the OPEC meeting, CNBC's Steve Sedgwick receives a muted response from Saudi Arabia's oil minister, Ali Al-Naimi.

  • Oil isn't the best investment opportunity

    Investment opportunities could be better elsewhere. Ana Cukic Armstrong, CEO of Armstrong Investment Managers says the recent change in Japan's GPIF policy could have a huge influence on the market.

  • 'Anything is possible': Nigerian oil minister on production cuts

    Nigerian oil minister Diezani Alison-Madueke, says OPEC and non-OPEC members need to come together to reach an equilibrium on oil prices.

  • OPEC will cut oil production at meeting: Pro

    OPEC will cut oil production at its meeting on Vienna on Thursday, Johannes Benigni, founder and managing director at JBC Asia says, adding that if it delays a cut, the cartel will lose credibility.

  • If OPEC doesn't cut production, oil will fall further: Pro

    Neil Atkinson, head of analysis at Lloyd's List Intelligence, says OPEC members are unlikely to cut oil production at this meeting, but this will push the price of the commodity lower.

  • More oversupply in oil ahead: Iranian oil minister

    Speaking to reporters at the OPEC meeting in Vienna, Bijan Zangeneh, Iranian oil minister, says there is more oversupply in the oil market to come.

  • Still a chance that OPEC may cut quota: Argus

    Alejandro Barbajosa, Vice President for Crude Middle East & Asia-Pacific at Argus Media, says an agreement to reduce production to 29 million barrels per day would be a strong signal.

  • Gartman: No way OPEC will cut production

    Dennis Gartman, Founder, Editor & Publisher of The Gartman Letter, says OPEC won't reduce output since members need high levels of cash flow in order to fulfill promises to citizens.

  • Energy now operating on Moore's law: Pro

    Don Luskin, Chief Investment Officer at Trend Macro, says technological abundance is collapsing prices in the energy sector, which is hurting major cartels like OPEC.

  • OPEC worried about losing market share?

    The idea that the cartel is worried about market share is misleading, says Daniel Hynes, Senior Commodity Strategist at ANZ.

  • US is a 'hot potato' market: Boockvar

    Peter Boockvar, Chief Market Analyst at The Lindsey Group, says Wall Street shares are "extraordinarily overbought" at the moment due to expectations of central bank support.

  • Dan Yergin

    As oil prices continue to fall, Wall Street is waiting to see if OPEC cuts oil production

  • Commodities tomorrow: Traders eye mood in Vienna

    CNBC's Bertha Coombs discusses the day's activity in the commodities markets. OPEC will announce a possible production cut tomorrow.