International Organizations OPEC

  • *OPEC, allies meeting in Algiers as Iran sanctions bite. ALGIERS, Sept 22- OPEC and its allies reduced oil output in August as a drop in Iranian supply due to U.S. sanctions derailed their attempts to raise production to agreed levels, delegates said on Saturday as the energy producers prepared to hold talks in Algiers. On Friday, a source familiar with the...

  • ALGIERS, Sept 22- An OPEC and non- OPEC monitoring committee found that oil producers' compliance with a supply-reduction agreement reached 129 percent in August, two committee delegates said on Saturday.

  • *OPEC, non- OPEC states study new oil output boost- source. *OPEC and its allies to gather on Sunday in Algeria. Investors grappled with whether the Organization of the Petroleum Exporting Countries and non- OPEC producers will offset a shortfall from Iran once U.S. sanctions go into full force Nov. 4.

  • *OPEC, non- OPEC states study new oil output boost- source. *OPEC and its allies to gather on Sunday in Algeria. Investors grappled with whether the Organization of the Petroleum Exporting Countries and non- OPEC producers will offset a shortfall from Iran once U.S. sanctions go into full force Nov. 4.

  • *OPEC, non- OPEC states study new oil output boost- source. *OPEC and its allies to gather on Sunday in Algeria. Investors grappled with whether the Organization of the Petroleum Exporting Countries and non- OPEC producers will offset a shortfall from Iran once U.S. sanctions go into full force Nov. 4.

  • *OPEC, non- OPEC states study new oil output boost- source. *OPEC and its allies to gather on Sunday in Algeria. Investors grappled with the Organization of the Petroleum Exporting Countries and non- OPEC producers' ability to offset a shortfall from Iran due to U.S. sanctions that go into full force Nov. 4.

  • An American flag flies near US Navy boats docked at Bahrain's Salman port in the capital Manama, on May 12, 2013

    The United States military spends about $81 billion a year to protect oil supplies around the world and keep fossil fuels flowing into American gas stations, according to Securing America's Future Energy.

  • The OPEC monopoly must get prices down now! " Members of the Organization of the Petroleum Exporting Countries, who account for about one-third of global oil supplies, are scheduled to meet this weekend with non-members including Russia. The gathering was not expected to yield any big decisions— those typically come at major OPEC meetings like the one set for...

  • *OPEC and its allies to gather on Sunday in Algeria. LONDON, Sept 21- Oil prices rose on Friday ahead of a meeting of OPEC and other large crude exporters that will focus on production increases as U.S. sanctions restrict Iranian exports. OPEC and its allies are scheduled to gather in Algeria on Sunday to discuss how to allocate higher supply to offset the shortage of...

  • Sept 21- Canada's main stock index opened higher on Friday, boosted by a rise in energy shares on higher oil prices ahead of a meeting of OPEC.

  • LONDON, Sept 21- The United States has sent mixed messages to OPEC and its allies over the last week about whether they need to do more to raise oil production and hold down prices. "The OPEC monopoly must get prices down now" President Donald Trump demanded on Twitter on Sept. 20. But just seven days earlier, the president's own energy secretary had told reporters that...

  • *OPEC and its allies to gather on Sunday in Algeria. LONDON, Sept 21- Oil prices rose on Friday ahead of a meeting of OPEC and other large crude exporters that will focus on production increases as U.S. sanctions restrict Iranian exports. OPEC and its allies are scheduled to gather in Algeria on Sunday to discuss how to allocate higher supply to offset the shortage of...

  • Crude prices rose ahead of a meeting of OPEC and other large exporters that will focus on production increases as U.S. sanctions restrict Iranian exports while President Trump simultaneously demands Middle East producers get prices down. Shares in Idaho- based Micron dropped 5.8 percent after the chipmaker said U.S. tariffs on Chinese goods would weigh on...

  • *OPEC and its allies to gather on Sunday in Algeria. LONDON, Sept 21- Oil prices rose on Friday ahead of a meeting of OPEC and other large crude exporters that will focus on production increases as U.S. sanctions restrict Iranian exports. OPEC and its allies are scheduled to gather in Algeria on Sunday to discuss how to allocate higher supply to offset the shortage of...

  • *OPEC and its allies to gather on Sunday in Algeria. LONDON, Sept 21- Oil prices rose on Friday ahead of a meeting of OPEC and other large crude exporters that will focus on production increases as U.S. sanctions restrict Iranian exports. OPEC and its allies are scheduled to gather in Algeria on Sunday to discuss how to allocate higher supply to offset the shortage of...

  • OPEC, its allies to gather on Sunday in Algeria. OPEC and its allies are scheduled to meet on Sunday in Algeria to discuss how to allocate supply increases to offset a shortage of Iran supplies due to U.S. sanctions. Trump's remarks just days before the OPEC meeting put "a focus on the likely supply impacts of U.S.-led Iran sanctions", said Stephen Innes, head of...

  • *OPEC, its allies to gather on Sunday in Algeria. President Donald Trump urged OPEC to lower crude prices ahead of its meeting in Algeria this weekend. OPEC and its allies are scheduled to meet on Sunday in Algeria to discuss how to allocate supply increases to offset a shortage of Iran supplies due to U.S. sanctions.

  • OPEC and its allies are scheduled to meet on Sunday in Algeria to discuss how to allocate supply increases to offset a shortage of Iran supplies due to U.S. sanctions. Stephen Innes, head of trading for Asia-Pacific at OANDA in Singapore, said Trump's remarks just days before the OPEC meeting put "a focus on the likely supply impacts of U.S.-led Iran sanctions.

  • TRIPOLI, Sept 20- Libyan state oil firm NOC has reopened the airfield at the southwestern Wafa oilfield after state guards ended a blockade, it said. Guards, paid by the state to protect oil faculties, as well as other groups regularly seize oilfields to pressure weak authorities into giving them extra pay and benefits, part of the chaos in the OPEC producer since...

  • Oil derricks pump oil in a field in North Dakota. 

    John LaForge, Wells Fargo Investment Institute, gives his bullish view for commodities as OPEC gets set to meet over the weekend and President Trump tweets about oil prices.