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.
Citigroup's morse sees a need to extend OPEC deal
Ed Morse, global head of commodities research at Citigroup, examines Mexican oil production, U.S. energy policy, and the impact of OPEC's output cut.
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 price will climb over $60-mark soon - Ibe Kachikwu
Nigerian Petroleum Minister Emmanuel Ibe Kachikwu discusses the impact of OPEC production cuts and U.S. shale oil drilling on oil prices and talks about his nation's oil output.
What are the prospects for OPEC enforcement?
Bloomberg Intelligence's Vincent Piazza reports on the energy outlook for 2017.
Why are markets skeptical about OPEC deal?
Amrita Sen, chief oil analyst at Energy Aspects, discusses BP's 10% stake in Abu Dhabi's ADCO oil concession, the OPEC oil production cuts and the oil-U.S. dollar correlation.
Oil ministers react as OPEC seals non-members deal
Oil ministers give their reaction in Vienna following the historic deal between OPEC and NON-OPEC nations to curb global oil output.
Will the OPEC deal bring the market back into balance?
Oil jumped to the highest since July 2015 after Saudi Arabia signaled it’s ready to cut output more than earlier agreed while non-OPEC countries including Russia pledged to pump less next year.