International Organizations OPEC

  • *Venezuela, Ecuador, Kuwait revive output freeze calls- report. "OPEC members including Venezuela, Ecuador and Kuwait are said to be behind this latest reincarnation. But just like previous endeavors, it seems doomed to fail, given key OPEC members persist in their battle for market share, ramping up exports apace, "said Matt Smith of ClipperData in a note.

  • *Venezuela, Ecuador, Kuwait revive output freeze calls- report. "OPEC members including Venezuela, Ecuador and Kuwait are said to be behind this latest reincarnation. But just like previous endeavors, it seems doomed to fail, given key OPEC members persist in their battle for market share, ramping up exports apace, "said Matt Smith of ClipperData in a note.

  • "OPEC members including Venezuela, Ecuador and Kuwait are said to be behind this latest reincarnation. But just like previous endeavours, it seems doomed to fail, given key OPEC members persist in their battle for market share, ramping up exports apace, "said Matt Smith of U.S.-based ClipperData in a note. Iraq has dropped the September official selling price for...

  • CARACAS, Aug 4- Venezuela's Oil Minister Eulogio del Pino has spoken to OPEC Secretary-General Mohammed Barkindo ahead of a meeting between OPEC and non- OPEC producers in hope of boosting the global oil price, President Nicolas Maduro said on Thursday. "He spoke with the secretary of OPEC, we are making efforts for a new meeting soon between OPEC and non- OPEC...

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • CARACAS, Aug 4- Facing a national food crisis, Venezuela's pumpkin-growing socialist president is exhorting compatriots to grow fruit and vegetables on balconies and roofs and in barracks across the country. His government's " Great Agro-Venezuela Mission" is promoting city farming to offset shortages which have led to lootings and riots as the OPEC country...

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • *U.S. crude below $40 for first time since April. *Worries of record high OPEC output, U.S. oil rigs weigh. NEW YORK, Aug 1- U.S. crude tumbled below $40 per barrel on Monday for the first time since April, as oil prices settled down nearly 4 percent on heightened worries of a crude glut despite peak summer fuel demand.

  • *Reuters survey shows OPEC output at record high last month. NEW YORK, Aug 1- U.S. crude tumbled below $40 per barrel on Monday for the first time since April, as oil prices settled down nearly 4 percent on heightened worries of a crude glut despite peak summer fuel demand. "It's stop-loss technical selling combined with sheer liquidation by those fearing we'll soon...

  • Pipelines and oil storage tanks in Cushing, Okla.

    U.S. crude prices on Monday settled sharply lower after briefly breaking below $40 a barrel for the first time since April.

  • Workers make a pipe connection on the Orion Perseus drilling rig, Webb County, Texas.

    Oil prices slipped below the psychologically important level of $40 a barrel on Monday, and another $5 drop could be on the horizon, analysts said.

  • *Reuters survey shows OPEC output at record high last month. NEW YORK, Aug 1- U.S. crude tumbled below $40 per barrel for the first time since April as oil prices fell nearly 4 percent on Monday on heightened worries of a crude despite peak summer fuel demand. "It's stop-loss technical selling combined with sheer liquidation by those fearing we'll soon be swimming in...

  • *U.S. crude falls below $40/ barrel for first time since mid-April. Oil prices fell about 3.6 percent due to an increase in OPEC production and U.S. oil rig additions. U.S. crude fell below $40/ barrel for the first time since mid-April.

  • NEW YORK, Aug 1- U.S. crude tumbled below $40 per barrel for the first time since April as oil prices fell nearly 4 percent on Monday on heightened worries of an oil glut after a survey suggested OPEC output reached record highs last month. A Reuters survey on Friday found that output from the Organization of the Petroleum Exporting Countries likely rose in July to...

  • NEW YORK, Aug 1- Global equity prices steadied near their highest in almost a year on Monday as investors pared expectations of any near-term rise in U.S. interest rates, but lower oil prices kept a lid on gains. Oil prices fell more than 3 percent on worries over OPEC output. "The economic data until last week had been pretty decent but since the GDP numbers came out,...

  • NEW YORK, Aug 1- Oil prices fell more than 3 percent on Monday, with U.S. crude hitting April lows, weighed by a survey showing output in OPEC reached record highs last month amid the biggest addition of U.S. oil rigs in two years. Production in July by the Organization of the Petroleum Exporting Countries likely rose to its highest in recent history, a Reuters survey...

  • *Fleetmatics jumps after Verizon's $2.4 bln buyout offer. Aug 1- The S&P 500 hit a record intraday high on Monday, led by tech stocks such as Apple and Google-parent Alphabet, but a drop in oil prices weighed on energy stocks. Oil prices fell about 2.3 percent due to an increase in OPEC production and U.S. oil rig additions.

  • *Fleetmatics jumps after Verizon's $2.4 bln buyout offer. Aug 1- U.S. stocks were slightly lower on Monday as a drop in oil prices weighed on energy stocks. Oil prices fell 1.9 percent due to increases in OPEC production and U.S. oil rig additions.