devdiscourse2d
Saudi Arabia and the U.S.: A $600 Billion Investment Announcement
Saudi Arabia's Economy Minister announced a $600 billion investment and trade partnership with the United States. The plan, ...
Hosted on MSN7mon
Exxon Stock Drops as Oil Prices Fall. Blame OPEC.
An OPEC announcement over the weekend was widely seen as a plan to add back production following a period of coordinated cuts, which could create an oversupply of crude. On Sunday, the ...
Kiplinger1y
Oil Prices Rise Sharply Following OPEC Announcement
Following an unexpected announcement by OPEC+ producers to cut ... in U.S.-Saudi relations for the foreseeable future.” OPEC, or the Organization of the Petroleum Exporting Countries, is a ...
Forbes8y
Why OPEC's Announced Cuts Are A Really Big Deal
A week ago -- the day before OPEC's meeting -- you could buy Brent crude for under $47 a barrel (bbl). As I write this on December 5th, Brent is trading above $55/bbl. The mere announcement of ...
Barron's7mon
Exxon, Chevron, Conoco Stocks Extend Declines Along With Oil Prices
The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated cuts.
Kiplinger1y
Stock Market Today: Stocks Finish Mixed After Surprise OPEC+ Announcement
Profit and prosper with the best of expert advice - straight to your e-mail. Sign up "While the announcement may be good news to U.S. energy companies and their shareholders, it is creating ...
U.S. News & World Report1y
EXPLAINER: What Is OPEC and What Does It Have to Do With Oil Prices?
In 1960, frustrated by Western control over the world’s oil industry, five of the world’s top oil-producing nations created the Organization of the Petroleum Exporting Countries, or OPEC.
Forbes4mon
Why OPEC’s Decisions Impact The U.S.
September 27, 2016. Oil prices rose modestly ahead of a meeting of producers from the Organization of the Petroleum Exporting Countries (OPEC) cartel and Russia in Algeria on September 28 that ...
MercoPress18y
Oil price down in spite of OPEC's cut announcement
Daukoru said in Lagos that OPEC members, whose agreed production ceiling is now 28 million bpd, could decide on the exact breakdown for the reduction later Wednesday.