Nigeria confirms ready to cut oil output
One of the news flows from today's OPEC meeting in Russia is that Nigeria has voluntarily committed to limit its oil output at 1.8 million barrels per day.
Nigeria signals willingness to cap oil production
Nigeria signalled its willingness to cap its oil production to support OPEC’s efforts to ease a global supply glut.
OPEC Chief sees oil producers near to re-balancing market
OPEC Secretary-General Mohammad Barkindo discusses the state of oil markets and possible actions from the organisation.
U.S. Oil stockpiles increase to 520.2 Million barrels
Oil is mired in its longest losing streak in two months as record-high U.S. crude stockpiles cast doubt on OPEC’s efforts to drain a global surplus.
Saudi Arabia Cut Output by 718,000 Barrels a Day in January
Saudi Arabia told OPEC that it cut oil production by the most in more than eight years, going beyond its obligations under a deal to balance world markets.
Factoring OPEC Production Cuts in to the Oil Trade
In today's "Futures in Focus," Alan Knuckman of Bulls-Eye Options and Bloomberg's Alix Steel examine how OPEC production cuts can impact the price of oil.
Oil producers agree on way to monitor oil cut
OPEC and other oil producers agreed on a way to monitor their compliance with last month’s historic supply deal, putting global markets on track to re-balance after more than two years of oversupply.
What are the prospects for OPEC enforcement?
Bloomberg Intelligence's Vincent Piazza reports on the energy outlook for 2017.