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US reportedly considering tapping global reserves
5 days ago
OPEC oil production also rises
2 weeks ago
Libyan oil output remains low
2 weeks ago

3118 News

OPEC Nov 30 meeting to be closely watched
The oil price is marginally higher Tuesday after a few days of declines. A mixed outlook is limiting price moves as investors await the output of the Nov 30 OPEC meeting and if US shale oil output continues to rise. read » November 2017
Iraqi oil exports drop helps slow pace of price declines
The oil price fell again Thursday although at a slightly slower pace as news Iraqi oil exports were hit a little harder than thought. read » November 2017
Iraqi oil exports drop helps slow pace of price declines
The oil price fell again Thursday although at a slightly slower pace as news Iraqi oil exports were hit a little harder than thought. read » November 2017
IEA says US to become net exporter of oil
The oil prices edged lower for a second day Tuesday on anticipation of an increase in Us oil production. The IEA world energy report also highlights a steep increase in US shale oil production going forward. read » November 2017
Higher US rates help keep gold range-bound
The gold price rose Monday following a 0.7% fall Friday, as its safe-haven status recovered a boost on a weaker near-term outlook for US equities. read » November 2017
Higher US rates help keep gold range-bound
The gold price rose Monday following a 0.7% fall Friday, as its safe-haven status recovered a boost on a weaker near-term outlook for US equities. read » November 2017
November OPEC meeting still closely eyed
The oil price rose sharply Monday and remains well bid Tuesday on rising geopolitical tensions, including the Saudi crown prince's political purge. The November OPEC meeting also remains in mind ahead of expectations of a output cap extension. read » November 2017
All eyes look towards November OPEC meeting
The oil price rose again Wednesday on news that OPEC compliance with the agreed output cap rose to 92% in October from September's 86%. read » November 2017
OPEC output cap seen remaining in place
The oil price remains above $60 per barrel Tuesday, as the current oil output cap between OPEC and some non-OPEC producers is expected to remain in place in 2018. Question marks are also being raised over the future level of output from US shale oil producers. read » October 2017
Oil price still supported by other developments
Oil price moved a little lower Thursday following data showing Us oil inventories rose unexpectedly in the week end Oct 20. However, the ongoing Iraqi conflict around Kirkuk and apparent growing support of an extension to the OPEC output cap helped limit the fall. read » October 2017