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Crude: Fresh 2019 highs for Brent and WTI amid OPEC cuts

April 1, 2019 12:04 PM
OPEC’s ongoing production cuts are continuing to help tighten the world oil market. This is helping to offset global economic concerns, which have actually not had any significant impact on crude prices yet as they did from time to time on bonds, stocks and copper prices.

Brent crude nears $70 on OPEC

March 18, 2019 2:13 PM
Ongoing productions cuts from the OPEC and some allies outside of the cartel continue to support oil prices

OPEC+ set to ignore Trump and cut crude oil production

December 6, 2018 7:02 AM
The so-called OPEC+ group of oil producers, which includes the traditional players in the oil cartel as well as non-OPEC countries such as Russia, look set to agree on cutting oil production to help shore up prices, defying calls from US President Donald Trump to leave output unchanged and keep prices low.

Crude oil: OPEC+ pledge to cut supply enough to boost prices?

November 12, 2018 7:36 AM
The effort by the OPEC+ to rebalance the market may only have limited impact on prices, due to the still-rising US oil output.