Oil price decline after OPEC output cut extension an 'overreaction': Analysts – CNBC


CNBC
Oil price decline after OPEC output cut extension an ‘overreaction’: Analysts
CNBC
That oil prices were falling after OPEC’s decision reflect’s the oil group’s mismanagement in communication as it telegraphed the extension well ahead of its announcement, allowing for profit-taking now after earlier gains, said Bordier and Cie’s Chief …
Oil price plummets despite deal to extend output cutBBC News
Oil price slides as Opec production cuts fail to impress marketsThe Guardian
Oil is getting whacked even after OPEC agrees to extend production cutsBusiness Insider
OilPrice.com –Reuters –MarketWatch
all 1,723 news articles »

After OPEC deal, Texas oil regulator boasts of victory – Reuters


Houston Chronicle
After OPEC deal, Texas oil regulator boasts of victory
Reuters
“Texas shale producers forced OPEC this morning to extend its oil production cuts for nine months,” said Ryan Sitton, of the Texas Railroad Commission. The three-person body regulates the Texas oil industry. Rather than restrain output, U.S. producers
Texas Claims Victory As OPEC Forced To Roll Over Oil Production CutsOilPrice.com
Texas Shale Producers ‘Forced’ OPEC Extension, Texas Oil Regulator SaysTheStreet.com
OPEC’s extended cuts a starting pistol for US shaleHouston Chronicle
Amarillo.com –WDSU New Orleans
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OPEC, Fighting Market Forces, Extends Production Cuts – New York Times


MarketWatch
OPEC, Fighting Market Forces, Extends Production Cuts
New York Times
“OPEC is being caught in a pincer movement of technology and policy that will, over time, erode oil use,” said Bill Farren-Price, chief executive of Petroleum Policy Intelligence, an advisory firm for hedge funds and other investors. “This meeting is
Technology as much as politics playing leading role in oil dramaNewsOK.com
Why oil is plunging even after OPEC extended its landmark output-cut dealMarketWatch
Oil prices rebound on expectations of output cut extensionOffshore Technology
Barron’s –Oilfield Technology –Hellenic Shipping News Worldwide
all 1,723 news articles »

Oil price decline after OPEC output cut extension an 'overreaction': Analyst – CNBC


CNBC
Oil price decline after OPEC output cut extension an ‘overreaction’: Analyst
CNBC
Crude oil futures were flat on Friday morning in Asia with U.S. West Texas Intermediate and European Brent both little changed around $48.90 and $51.45 a barrel respectively. After OPEC’s production cuts, Wood Mackenzie expects global supply to
Oil price plummets despite deal to extend output cutBBC News
Oil price slides as Opec production cuts fail to impress marketsThe Guardian
Goldman: Oil Glut To Return When OPEC Deal ExpiresOilPrice.com
Business Insider –Reuters –Forbes
all 1,723 news articles »

Oil prices down sharply ahead of OPEC announcement – ABC News


The Guardian
Oil prices down sharply ahead of OPEC announcement
ABC News
Oil prices were volatile but trading sharply lower Thursday ahead of an expected announcement from the OPEC oil cartel that it will extend recent production cuts for a further nine months. Elsewhere, stock markets were unmoved by further indications
Oil price tumbles after Opec deal; UK growth unexpectedly downgraded – as it happenedThe Guardian
Libya Insists On Keeping Oil Output Cut ExemptionOilPrice.com
Oil Price Drops Below $51 After OPEC Agrees Modest Output Cuts – Market DataSputnik International
Money Morning
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Latest BLM oil and gas lease auction in central Nevada draws protest – Las Vegas Review-Journal


Las Vegas Review-Journal
Latest BLM oil and gas lease auction in central Nevada draws protest
Las Vegas Review-Journal
A storm moves through Big Smoky Valley in Central Nevada. Environmentalists are protesting plans by the Bureau of Land Management to offer new oil and gas leases in this and two other valleys on June 13. (Patrick Donnelly/Center for Biological Diversity).

OPEC, Caught in Pincers of Price and Technology, Tries to Control the Oil Market – New York Times


New York Times
OPEC, Caught in Pincers of Price and Technology, Tries to Control the Oil Market
New York Times
“OPEC is being caught in a pincer movement of technology and policy that will, over time, erode oil use,” said Bill Farren-Price, chief executive of Petroleum Policy Intelligence, an advisory firm for hedge funds and other investors. “This meeting is
Oil prices rebound on expectations of output cut extensionOffshore Technology
The U.S.-OPEC Oil War Takes Another TurnHellenic Shipping News Worldwide
WisdomTree: will oil prices surge again after Opec meeting?Oilfield Technology
Financial Times –Reuters
all 1,158 news articles »

Oil pulls back slightly on low US gasoline stock draw – Reuters


Reuters
Oil pulls back slightly on low US gasoline stock draw
Reuters
NEW YORK Oil prices retreated slightly Wednesday as investors reacted to a smaller-than-expected U.S. gasoline stocks draw as they awaited the outcome of discussions in Vienna between OPEC and other oil-exporting countries on whether to extend output …
Oil Prices Spike On Strong Crude Inventory DrawOilPrice.com
How OPEC can really give oil prices a quick boostCNBC
Oil logs first loss in 6 sessions as traders weigh scenarios for OPEC meetingMarketWatch
Business Insider –Financial Times –Offshore Oil and Gas Magazine
all 1,158 news articles »

Technology as much as politics playing leading role in oil drama – NewsOK.com


Forbes
Technology as much as politics playing leading role in oil drama
NewsOK.com
DONALD Trump’s first presidential visit to the Mideast offered the scenario of a very rich man visiting a very wealthy country. Obviously, Trump proffered no foreign aid to Saudi Arabia. Fact is, the Saudis have been aiding themselves, drawing down
The US-OPEC Oil War Takes Another TurnForbes
Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020OilPrice.com
WisdomTree: will oil prices surge again after Opec meeting?Oilfield Technology
Offshore Technology –Reuters
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Intergraph® Demonstrates Breakthrough Visualization Technology for Engineering Firms and Oil & Gas Owner … – PR Newswire (press release)

Intergraph® Demonstrates Breakthrough Visualization Technology for Engineering Firms and Oil & Gas Owner …
PR Newswire (press release)
The Houston facility is Microsoft’s first cloud-based Technology Center and prominently showcases the Microsoft Azure cloud platform and services. Houston MTC also is an Oil & Gas Center of Excellence, specializing in technologies for energy companies, …

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Trump hits oil price with reported plan to sell half of strategic reserves – Financial Times


Bloomberg
Trump hits oil price with reported plan to sell half of strategic reserves
Financial Times
At current WTI prices it is 27,000 b/d of extra oil between October 2017 and September 2018.” Moreover, there is no guarantee the proposal will be passed by Congress, which will receive President Trump’s budget on Tuesday. Still, the potential release
Shale Is Just a Scapegoat for Weaker Oil PricesBloomberg
OPEC Deal: 9-Month Extension Looking Increasingly LikelyOilPrice.com
Oil prices log 5th straight gain with OPEC expected to extend output cutsMarketWatch
Barron’s –DailyFX –FX Empire
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