Archives for November 2019
Oil set for fourth weekly advance ahead of OPEC+ meeting
(Bloomberg) — Oil headed for a fourth weekly gain, the longest winning streak since April, before a key OPEC+ meeting next week that will set the path for future production cuts. Futures held steady near...
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Saudi Arabia signals it's had enough of OPEC+ quota cheats
For the last year, Saudi Arabia has largely turned a blind eye to cheaters within the OPEC+ alliance, cutting its own output more than agreed to offset over-production from the likes of Iraq and even...
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U.S. to negotiate carbon trades under climate pact shunned by Trump
President Donald Trump may be withdrawing from the Paris climate agreement, but the U.S. is still going to be a force at the negotiating table as international leaders gather in Madrid next week to map...
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Crude inventories increase by 1.6 million barrels
The nation’s supplies of commercial crude oil rose last week, but not as much as some had feared. Source: FuelFix
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U.S. oil and gas rig count dips again
The total number of operating oil and gas rigs is 802. Source: FuelFix
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