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OPEC Weighs Extension As Oil Markets Start To Lose Their Nerve

OPEC Weighs Extension As Oil Markets Start To Lose Their Nerve

Oil markets are increasingly skeptical…

How Much Further Oil Could Fall

How Much Further Oil Could Fall

Oil prices fell rapidly as…

Energy / Oil Prices

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Why A Weaker Dollar Won’t Boost Oil Prices

Feb 23, 2017 at 11:27 | Rakesh Upadhyay

The U.S. dollar, along with a variety of other factors, used to be an important component in deciding the direction of oil prices. This was true for the period between…

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Oil To $70? Or Down To $30?

Feb 22, 2017 at 16:55 | Nick Cunningham

Will oil prices rise to $70 per barrel this year or fall to $30? Depends on who you ask. Oil price forecasts are always all over the map, but the…

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Unsatisfied With Oil Prices, Iraq Calls For New OPEC Meeting

Feb 22, 2017 at 13:38 | Tsvetana Paraskova

Iraq thinks that OPEC should hold a new meeting to discuss the cartel’s oil production cuts, given the fact that the current oil prices are still below expected levels, according…

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Oil Prices Fall As Gasoline Glut Takes Its Toll

Feb 22, 2017 at 09:41 | Matt Smith

Crude prices are selling off today while gasoline holds up relatively better, as refiners playing 'pass the parcel' betwixt the two. As refiners make economic run cuts due to lower…

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Oil Leaps Higher As OPEC Pushes For 100% Compliance

Feb 21, 2017 at 10:12 | Tsvetana Paraskova

All OPEC producers that are part of the supply-cut deal are firmly determined to achieve a higher compliance rate than the 90-plus-percent compliance reported for January, OPEC’s Secretary General Mohammad…

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Biggest Gasoline Glut In 27 Years Could Crash Oil Markets

Feb 20, 2017 at 16:02 | Nick Cunningham

Oil prices are stuck in a holding pattern, waiting for more definitive data on what comes next. OPEC compliance is helping keep prices afloat, but rising U.S. oil production is…

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Total Going On The Offensive

Feb 15, 2017 at 14:21 | Michael McDonald

Total SA (TOT) is ready to move to the next stage of expansion now that the oil price collapse is showing signs of being finally over. According to Patrick Pouyanne,…

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Why Sub $50 Oil Is More Likely Than $70 Oil

Feb 14, 2017 at 15:02 | Arthur Berman

It is more likely that oil prices will fall below $50 per barrel than that they will continue to rise toward $70. Prices have increased beyond supply and demand fundamentals…

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Oil Prices Head Lower In Spite Of Bullish OPEC Data

Feb 13, 2017 at 11:32 | Matt Smith

Oil is charging lower to start the new week, as the monthly OPEC oil market report has done little to assuage oversupply concerns - despite the cartel's…

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Is $60 Oil Within Reach?

Feb 10, 2017 at 17:23 | Nick Cunningham

The oil market is in a “wait-and-see mode” as OPEC implements its production cuts, with the record level of compliance boding well for tighter conditions, the IEA said in its…

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