International Organizations
OPEC
Jim Cramer argues that OPEC is a "shadow of its former self" and no longer wields control over the price of oil.
NEW YORK, April 20- A U.S. bond sell-off continued for a second day on Friday, pushing the 10- year Treasury yield to its highest level in more than four years and steepening the yield curve after two weeks of flattening. President Donald Trump sent a tweet criticizing OPEC and then mostly recovered. "If you look at the chart, you have to squint to see it," Gene Tannuzzo,...
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*OPEC's Barkindo: no price objective in OPEC. *Trump's first OPEC tweet on social media as president. President Donald Trump accused OPEC on Friday of "artificially" boosting oil prices, drawing rebukes from some of the world's top energy exporters.
NEW YORK, April 20- Oil prices edged up on Friday, stabilizing after an earlier slide driven by U.S. President Donald Trump's criticism of OPEC's role in pushing up global oil prices. "Looks like OPEC is at it again," Trump tweeted.
NEW YORK, April 20- World stocks dipped on Friday as worries about a global slowdown in smartphone demand dented the technology sector, while oil prices dipped and then recovered after U.S. President Donald Trump sent them lower with a tweet criticizing OPEC. "Looks like OPEC is at it again," Trump tweeted, saying oil prices were "artificially Very High!
*Oil prices turn negative after Trump criticizes OPEC. NEW YORK April 20- U.S. stocks fell on Friday, as Apple led a decline in technology stocks amid fears about weak iPhone demand and investors worried about the impact of a rise in U.S. bond yields on equities. There's also been a little bit of a lack of momentum in this earnings period, "said Rick Meckler, president of...
*Oil prices turn negative after Trump criticizes OPEC. April 20- U.S. stocks fell on Friday, as Apple led a decline in technology stocks on concerns about weak iPhone demand and investors worried about the impact of a rise in U.S. bond yields. "There's the Apple news and there maybe some nervousness coming into the upcoming earnings reports," said Daniel Morgan, senior...
*Trump tells OPEC oil has rallied too far. JEDDAH/ LONDON, April 20- With oil prices hitting $75 per barrel, it was meant to be one of the smoothest meetings OPEC has had in recent years. "Looks like OPEC is at it again.
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*Trump tells OPEC oil has rallied too far. JEDDAH/ LONDON, April 20- With oil prices hitting $75 per barrel, it was meant to be one of the smoothest meetings OPEC has had in recent years. "Looks like OPEC is at it again.
*Trump tells OPEC oil has rallied too far. JEDDAH/ LONDON, April 20- With oil prices hitting $75 per barrel, it was meant to be one of the smoothest meetings OPEC has had in recent years. "Looks like OPEC is at it again.
*Trump tells OPEC oil has rallied too far. JEDDAH/ LONDON, April 20- With oil prices hitting $75 per barrel, it was meant to be one of the smoothest meetings OPEC has had in recent years. "Looks like OPEC is at it again.
*Trump tells OPEC oil has rallied too far. JEDDAH/ LONDON, April 20- With oil prices hitting $75 per barrel, it was meant to be one of the smoothest meetings OPEC has had in recent years. "Looks like OPEC is at it again.
*Trump tells OPEC oil has rallied too far. JEDDAH/ LONDON, April 20- With oil prices hitting $75 per barrel, it was meant to be one of the smoothest meetings OPEC has had in recent years. "Looks like OPEC is at it again.
*Coming Up: Baker Hughes U.S. oil rig count at 1 p.m./ 1700 GMT (Recasts throughout, refreshes prices, adds comment, changes byline, updates dateline (previous LONDON). Brent crude oil futures were down 6 cents at $73.72 per barrel by 12:25 p.m. EDT ( 1625 GMT). "Looks like OPEC is at it again," Trump tweeted.
OPEC's production-cutting agreement stopped a devastating oil prices slide, but President Trump appears to think it has gone too far.
*OPEC's Barkindo: no price objective in OPEC. *Trump's first OPEC tweet on social media as president. President Donald Trump accused OPEC on Friday of "artificially" boosting oil prices after a year-plus pact that has slashed global crude inventories, drawing rebukes from oil-producing countries as prices dipped following his remarks.
Market data will be key to deciding the ongoing oil supply-cutting deal led by OPEC, Russian Energy Minister Alexander Novak told CNBC Friday.
*Oil prices turn negative after Trump criticizes OPEC. April 20- U.S. stock indexes fell on Friday, with Apple leading declines in the technology sector and as energy companies took a hit from lower oil prices after President Donald Trump's criticism on OPEC. Oil prices were down about half a percent after Trump criticized OPEC for output reductions that have...
*Trump's first OPEC tweet on social media as president. President Donald Trump accused OPEC on Friday of "artificially" boosting oil prices after a year-plus pact that has slashed global crude inventories, drawing rebukes from oil-producing countries as prices dipped following his remarks. "Looks like OPEC is at it again.
The OPEC-Russia alliance is not ready to give up its renewed power to increase oil prices, says leading analyst Dan Yergin.
