Oil prices were on track to a weekly loss as potentially higher Iraqi crude exports and bearish U.S. inventory data weighed on the market. » Read More
OPEC will have to cut oil supply to support markets by up to 1 million and 1.5 million barrels per day says Harry Tchilinguirian, head of Commodity Markets Strategy at BNP Paribas.
Ahead of OPEC meeting, Iranian Oil minister, Bijan Zangeneh says the country doesn't need "permission" from anyone outside Iran to increase production.
Ahead of the OPEC meeting in Vienna, Charles Whall, portfolio manager at Investec Asset Management, says that the cartel does not need to cut oil production by a lot to see a rise in revenues.
Oil needs to be at $100 per barrel to be at a "fair price", Venezuelan foreign minister Rafael Ramirez told CNBC, as OPEC members decide whether to cut production.
Matt Smith, Commodity Analyst at Schneider Electric, explains why Saudi Arabia is so reluctant to reduce output and warns that investors shouldn't expect too much progress from the meeting.
Tony Nash, Vice President at Delta Economics, says commodity deflation in countries like Germany and China is worrying.
David Dietze, President & Chief Investment Strategist, outlines which sectors are best positioned to take advantage of lower oil prices.
Stephen Schork, Editor of the The Schork Report, explains why the oil-rich kingdom is unlikely to go along with Iran's demands for a cut in crude output.
Jim Cramer speculates where the direction of oil prices will go following the OPEC meeting on Thursday. Could we be in a sweet spot for oil?
Chad Mabry, Analyst, Energy & Natural Resources at MLV & Co, is expecting OPEC to cut output to 29.5 million barrels a day from 30 million barrels currently.
Russia revved up oil bears ahead of OPEC's meeting as the appearance in Vienna of Rosneft's CEO caused a swirl of talk about agreements and output cuts.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Everyone is looking to the Saudis to see what they plan to do at this week's meeting. Traders figure they'll be less inclined to cut production.
CNBC's Michelle Caruso-Cabrera highlights the world's next big energy plays and looks at just how much oil and gas is waiting to be tapped.
Consumer discretionary stocks and crude oil have been trading the way they normally do when OPEC is about to cut production.
Bhushan Bahree, IHS senior director, thinks there will still be a need for OPEC in 25 years. CNBC contributor John Kilduff, disagrees.
OPEC meets on Thursday, and many on Wall Street wonder whether there will be a production cut. CNBC's Kate Kelly reports how traders are positioned ahead of the meeting. CNBC contributor John Kilduff, weighs in.
CNBC's Kate Kelly provides details into advanced discussions ahead of OPEC's meeting set for Thursday in Vienna.
Over the next 25 years, the U.S. will become a global energy powerhouse. That shift will reshape geopolitical power.
CNBC's Steve Sedgwick reports on moves in oil ahead of the OPEC meeting in Vienna.
CNBC's Steve Sedgwick talks about the upcoming OPEC meeting with Venezuelan Foreign Minister Rafael Ramirez, who says investment is of great concern.