Post Profile

What the Algiers Deal Means for Crude Oil Prices

What a difference a few days can make for oil. Earlier last week, oil was drifting down under the weight of doubts about the rumored OPEC oil deal. Then, on Wednesday, several OPEC oil ministers announced that they'd agreed to cap production. The post What the Algiers Deal Means for Crude Oil Prices was originally published at The Wall Street Examiner. Follow the money!
read more


Related Posts

Oil Rises on Record Indian Imports, Hopes of Output Caps

Vehicles / Watercraft :

Oil prices edged up on Wednesday, supported by record Indian crude imports and talks between OPEC producers and other oil exporters on curbing output to end a glut in the global market. Global benchmark oil futures, the Brent and U....

Crude Chaos Strikes: Saudis Admit "No Deal" But "Hopeful" For November

Business & Finance : Zero Hedge

Having failed completely to consumate a freeze deal in Algiers, the Saudi oil minister throws out a bone of hope to crude bulls that November's OPEC meeting may see a freeze deal. Crude is testing its lows of the day but bouncing ar...

Crude Oil Prices Dip; WTI Falls Below $50 A Barrel

Business & Finance / Investing : Focus on Funds

Is OPEC really committed to cutting back on oil production? That’s the question weighing down crude oil prices today after a report issued by the cartel fueled growing concerns about the challenges ahead as OPEC tries to finish a de...

Crude Tumbles After OPEC Raises Doubts Over Cut Timing

Business & Finance : Zero Hedge

Just when everyone thought "oil" was "fixed" the meeting ends and OPEC secretary-general drops this little tape-bomb - BARKINDO: NOT DECIDED WHETHER OPEC WOULD CUT BEFORE NON-OPEC... We haven’t decided yet whether OPEC and non-OPEC ...

Are Saudi Arabia and OPEC Trying To Fool The Oil Market, Again?

Business & Finance : Forbes: Business

Saudi Arabia and OPEC appear to be on a new mission lately:to fool oil markets. On the one side they are talking the market up by promising output cuts that would boost oil prices. An optimistic Saudi oil minister sees oil reaching ...


Copyright © 2016 Regator, LLC