Markets / Tags / Opec

MARKETS Mon Mar 9, 2009 @ 3:00pm neoform

rss.cnn.com -- NEW YORK (CNNMoney.com) -- Oil prices rose Monday on talk of an OPEC production cut, but they were off the day's highs after comments from Saudi Arabia put a damper on that speculation. U.S. crude for April delivery was up $1.54 to $47.06 a barrel at 1:3.. Read More

MARKETS Mon Mar 9, 2009 @ 9:01am neoform

rss.cnn.com -- LONDON (Reuters) -- Oil hovered around the break-even mark on Monday as investors weighed the weak economy with speculation that OPEC may agree to cut production further at a meeting this weekend. OPEC Secretary General Abdullah al-Badri said on Monday t.. Read More

MARKETS Fri Mar 6, 2009 @ 12:01pm neoform

rss.cnn.com -- LONDON (Reuters) -- Oil rose above $44 a barrel Friday, after sinking 4% in the previous session, gaining support from a weaker dollar and expectations that a meeting of OPEC later this month might cut output further. The release of U.S. data showing une.. Read More

MARKETS Tue Mar 3, 2009 @ 12:00pm neoform

rss.cnn.com -- LONDON (Reuters) -- Oil rose above $41 a barrel on Tuesday after a 10% slump on Monday but showed no sign of a return to last week's bull run as global equities extended a fall on worries about the global economy and outweighed OPEC's strong compliance wi.. Read More

MARKETS Tue Feb 24, 2009 @ 6:00pm neoform

rss.cnn.com -- NEW YORK (Reuters) -- Oil prices rose more than $1 Tuesday, tracking a bounce on Wall Street after U.S. Federal Reserve Chairman Ben Bernanke said he was committed to protecting the troubled banking sector. U.S. crude oil rose $1.52 to end the day at $39.. Read More

MARKETS Tue Feb 17, 2009 @ 12:01pm neoform

rss.cnn.com -- LONDON (Reuters) -- Oil in New York fell below $37 a barrel on Tuesday as bleak economic indicators turned the focus back to the worldwide slump in demand, outweighing lower supplies due to OPEC cutbacks. A Reuters poll showed confidence among Japanese m.. Read More

MARKETS Tue Feb 3, 2009 @ 6:00pm neoform

rss.cnn.com -- NEW YORK (CNNMoney.com) -- Oil prices rose Tuesday as signs of OPEC production cuts began to emerge. But gains were tempered as the group fell short of its pledge and the economy continued to show weakness. U.S. crude for March delivery ended the day up.. Read More

MARKETS Mon Jan 26, 2009 @ 12:00pm neoform

rss.cnn.com -- LONDON (Reuters) -- Oil rose above $48 a barrel on Monday, supported partly by perceptions the supply cuts by OPEC producers may have put a floor under prices. U.S. crude rose $1.63 to $48.10 a barrel by 10:11 AM EST, after earlier rising to a session hi.. Read More

MARKETS Mon Dec 1, 2008 @ 9:00am neoform

rss.cnn.com -- Click the chart to track the latest commodity prices.Trader: $45 oil aheadMore Videos Special Reportfull coverage OPEC to wait on output cut decision Oil drops after OPEC defers production cut Big Oil: We told you so Oil settles at 21-month low Oi.. Read More

MARKETS Fri Nov 28, 2008 @ 9:00am neoform

rss.cnn.com -- Click the chart to track the latest commodity prices.Cutting holiday energy costsMore VideosSINGAPORE (AP) -- Oil prices fell below $54 a barrel Friday in Asia as a gloomy outlook for global crude demand overshadowed hopes OPEC will announce a production.. Read More

MARKETS Fri Nov 14, 2008 @ 12:00pm neoform

rss.cnn.com -- Designing a greener worldMore VideosOil prices to triple by 2030More Videos Special Reportfull coverage Oil steady below $58; OPEC hints at meeting Taxing our gas guzzling relapse Pickens' wind plan hits a snag Oil jumps higher IEA lowers oil deman.. Read More

MARKETS Mon Oct 27, 2008 @ 9:00am neoform

rss.cnn.com -- OPEC's announced production cut on Friday did not stem slide in oil prices.Oil futures fall despite OPEC cutMore Videos Quick Vote It hasn't been officially called, but do you think we're in a recession? Yes No Not sure or View results VIENNA (AP).. Read More

MARKETS Fri Oct 24, 2008 @ 9:00am neoform

rss.cnn.com -- Oil prices could riseMore Videos Quick Vote Now that gas prices are lower, how much are you driving? Still driving less Driving the same amount as always Driving more or View results Special Reportfull coverage Cheaper gas not the answer OPEC's.. Read More

MARKETS Thu Oct 23, 2008 @ 3:00pm neoform

rss.cnn.com -- Honda goes hydrogenMore Videos Special Reportfull coverage Cheaper gas not the answer OPEC's tough fight: Cheap oil Oil rises on expected OPEC cut Drivers not lured by lower gas Small town, big changes Drill-baby-drill, meet cheap oil Quick Vote.. Read More

MARKETS Thu Oct 23, 2008 @ 9:00am neoform

rss.cnn.com -- AMERICA'S MONEY CRISIS Initial unemployment claims up Goldman Sachs to cut 3,260 jobs Recession fears stall credit Stocks headed for a dip Oil rises to $67 as OPEC prepares cuts Airline earnings hit by high oilMore Videos LONDON (AP) -- Oil prices.. Read More

MARKETS Mon Oct 20, 2008 @ 3:00pm neoform

rss.cnn.com -- Fueling the stimulusMore Videos Quick Vote Is the worst of the stock market meltdown over? Yes No or View results NEW YORK (CNNMoney.com) -- The price of oil rose Monday as investors weighed a potential OPEC supply cut against longer-term concerns a.. Read More

MARKETS Mon Oct 20, 2008 @ 9:00am neoform

rss.cnn.com -- AMERICA'S MONEY CRISIS Global effort thaws credit freeze Oil rises to $74 on prediction of supply cuts Stocks headed for a pop World markets advance Barclays: Wall Street's new gambler Fueling the stimulusMore Videos Quick Vote How gloomy are you.. Read More

MARKETS Wed Sep 10, 2008 @ 9:00am neoform

rss.cnn.com -- The outlook for oilMore Videos Oil in full focusMore Videos Special Reportfull coverage Gas prices rise as Ike nears Texas Gas prices ease for 8th straight day Guzzling temptation as prices fall Oil churns after OPEC, ahead of supply report OPEC un.. Read More

MARKETS Tue Sep 9, 2008 @ 9:00am neoform

rss.cnn.com -- OPEC meets as demand ebbsMore Videos Oil churns ahead of IkeMore Videos Special Reportfull coverage Gas prices ease for 8th straight day Guzzling temptation as prices fall Oil prices fall ahead of OPEC U.S. highway fund crushed by cutback in driving.. Read More

MARKETS Tue Jul 29, 2008 @ 12:00pm neoform

rss.cnn.com -- Oil prices have fallen more than 15% since setting a record on July 11, but prices remain nearly 65% higher than a year ago.Ghana weighs oil findMore Videos Quick Vote What do you think the government should do to cut the deficit? Raise taxes for ever.. Read More