Craig McMahon, APAC head of research at Wood Mackenzie, says OPEC won't cut production unless it gets all its members to agree which is unlikely.
One day short of the OPEC meeting, the main question from oil market watchers is: Will the cartel cut output and try to raise prices?
The organization of the petroleum exporting countries may not be in unison on the heels of a reported proposal by Saudi Arabia. CNBC’s Jackie DeAngelis reports the details.
Despite talk of output cuts, OPEC is unlikely to leave its meeting Friday with any agreement on production curbs.
Plunging oil prices have left many crude-exporting countries with budgets that simply won't balance.
The oil producing giant faces an annual budget deficit for the first time since 2011.
The world's largest oil exporter tries to compromise and balance oil markets.
IEA Executive Director Fatih Birol says he has faith that Saudi Arabia will follow a policy that is in benefit of oil markets and the global economy.
Gaurav Sodhi, senior analyst at Intelligent Investor, says it is unlikely that OPEC members will agree to cut production this Friday.
“Mad Money” host Jim Cramer is recommending these stocks to give investor portfolios a healthy boost.
Jim Cramer makes the case as to why Saudi Arabia may not cut oil production and the road ahead may be rough for U.S. oil companies.
Countries such as Qatar, Oman and Saudi Arabia can provide the best financial rewards for expats.
Oil stayed at the party longer than other commodities but its collapse means the "commodity supercycle" is over, says Dan Yergin.
Instead of falling off as OPEC hoped, oil production has increased from where it was last year, and the world is still swimming in crude.
U.S. oil producers proved remarkably resilient in the face of an OPEC policy aimed squarely at curtailing American output.
Markets could be in for macro overload in the week ahead with central bankers, Friday's jobs report and OPEC dominating the headlines.
Daniel Yergin, IHS Vice Chairman and author of ‘The Quest’, looks ahead at the upcoming OPEC meeting and what oil watchers should expect.
Volatility in the oil markets continue, with prices set to plunge over the holidays, says John Kilduff. Here's why crude could fall to $30 a barrel.
Discussing the boost in the price of oil amid Middle East tensions, with Helima Croft, RBC Capital Markets.
If the Federal Reserve hikes interest rates in December, only a handful of central banks around the world are expected to join it.