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Oil edges up about 1 pct on optimism over non-OPEC output cuts | Reuters

By Devika Krishna Kumar | NEW YORK NEW YORK Oil prices rose about 1 percent on Friday on hopes that non-OPEC producers meeting in Vienna over the weekend would agree to output restrictions following..

Municipal-bond week in review: Yields back down a bit

"People think that munis had sold off a little too much, and now there are buyers coming back into the space," says Jon Mondillo, a municipal bond fund manager at Alpine Funds. Credit quality for U.S...

Videos for "Oil Prices"

News video: American Airlines Shares Jump After Increasing Q4 Passenger Unit Revenue Forecast

American Airlines Shares Jump After Increasing Q4 Passenger Unit Revenue Forecast 01:15

Shares of American Airlines were in focus Friday after the airline company increased its fourth quarter unit revenue outlook to a high of plus 1% versus the earlier lower forecast of a negative 2.5%...
Source: The Street -

News video: Oil extends gains ahead of OPEC talks

Oil extends gains ahead of OPEC talks 00:40

Oil prices extended gains for a second session running on Friday – fuelled by optimism that non-OPEC producers will agree to reduce output following a cartel agreement to limit production. Saudi..
Source: euronews (in English) -

News video: OPEC Turns to Non-Members to Fulfill Production Cut

OPEC Turns to Non-Members to Fulfill Production Cut 04:47

Dec.09 -- OPEC officials are meeting this weekend with non-OPEC nations as they seek a decline of 600,000 barrels per day to complement their own production cuts. Adam Longson, head of energy commodity..
Source: Bloomberg Global Business -

News video: Oil rises on hopes of non-OPEC output cuts

Oil rises on hopes of non-OPEC output cuts 01:44

Oil prices extend gains for a second session running on optimism that non-OPEC producers will agree to cut output following a cartel agreement to limit production. Is a deal really a realistic..
Source: Rumble -

News video: O'Neil: Venezuela's Collapse Has Further to Go

O'Neil: Venezuela's Collapse Has Further to Go 03:20

Dec.09 -- Shannon O'Neil, senior fellow at Council on Foreign Relations, explains the dire situation in Venezuela as the economy suffers from low oil prices and political corruption under President..
Source: Bloomberg Technology -


Weekend Reading: The Trump Train Continues To Roll

weekend reading: the trump train continues to roll
Submitted by Lance Roberts via RealInvestment Advice.com, The market rally on Wednesday was quite a stunner given the already full extension of the market advance following the election. However,..
Zero Hedge

STOCKS HIT ALL-TIME HIGHS: Here's what you need to know

Stocks continued to be seemingly unstoppable on Friday as the major indexes climbed to new highs again. At least one of the major indexes closed every day this week at a record.  First, the..
Business Insider

Oil Edges Higher As OPEC Pushes NOPEC For Output Cut

Oil prices inched higher on Friday afternoon, holding above $50 ahead of the Non-OPEC producer meeting this Saturday.   (Click to enlarge) Friday, December 9, 2016 Oil prices seesawed this week on the..

Rigs deployed as optimism surges in the Eagle Ford, Permian Basin

A decrease in crude oil inventories coupled with an increase in prices has meant more rigs out on the field. Figures from the Baker Hughes Rig Count released on Friday afternoon show that the Eagle..

Investors in delisted oil ETNs sell, but at a price

NEW YORK, Dec 9 (Reuters) - Investors are paying a price for not finding buyers for popular exchange-traded notes (ETN), used to bet on oil prices, that delisted from U.S. exchanges this week.

GOLDMAN SACHS: We're bullish on these 3 Asian economies

goldman sachs: we're bullish on these 3 asian economies
Emerging economies were once seen as being all set to take over the world. Gradually, the optimism withered as the global economy tanked, the commodities boom turned into a bust, and..
Business Insider

Oil Rises As Saudis Move To Implement Output Cuts

Oil prices remain bid up into the weekend, as the market adopts the first part of the motto 'buy the rumor, sell the fact' ahead of tomorrow's OPEC / NOPEC meeting. Ahead of the weekend's fun and..

India’s Africa Drive – OpEd

Till now, the India – Africa relation was polarized. A new twist emanated with Japan making a foray to deepen the relation with Africa in cooperation with India. In the Joint Statement during the..
Eurasia Review

South Asia: Regional Integration And Greater Economic Freedom Will Boost Growth And Prosperity – Analysis

south asia: regional integration and greater economic freedom will boost growth and prosperity – analysis
By James M. Roberts and Huma Sattar* South Asia is one of the fastest-growing regions in the world, with average gross domestic product (GDP) growth projected to be 7 percent in 2015 and well above..
Eurasia Review

BP plans to double North Sea oil production by the end of the decade

UK’s oil major BP (NYSE:BP) will double its production in the North Sea to 200,000 barrels of oil per day, chief executive Bob Dudley said in an interview with Energy Voice in Aberdeen on..
City A.M.

Iran Regaining Oil Power Through Active Diplomacy – Analysis

By Mohammad Khajouei* Following a short period of stagnation, Iran’s oil and gas industry has come to life again and is rapidly moving toward reviving its golden days. During the latest meeting of..
Eurasia Review

Russia to hold additional talks before OPEC, non-OPEC meeting | Reuters

MOSCOW Russia plans to meet with some OPEC and non-OPEC nations on Friday to discuss unresolved issues related to a planned oil-output cut before wider talks the following day in Vienna, a Russian..

Here comes the Baker Hughes rig count ...

here comes the baker hughes rig count ...
Baker Hughes will release its weekly count of US oil and gas rigs at 1 p.m. ET.  Last week, the tally of oil rigs increased by three to 477, lifting it to the highest level since the start of this..
Business Insider

Oil extends gains ahead of OPEC talks

Oil prices extended gains for a second session running on Friday – fuelled by optimism that non-OPEC producers will agree to reduce output following a cartel agreement to limit…

Crude Oil Rebounds From Mid-week Swoon

WASHINGTON (dpa-AFX) - Crude oil prices rose Friday, extending gains from the previous session on hopes that OPEC's recent deal with Russia will end a global supply glut.Reports say Saudi Arabia i...

Will Trump be good or bad for the oil price?

So, US Steel says it might restore 10,000 lost jobs in the United States, employment which was originally let go in the face of Chinese competition. This type of statement comes as music to the ears of..
Proactive Investors

Canadian Dollar Advances Amid Oil Prices Rally

CANBERA (dpa-AFX) - The Canadian dollar climbed against its most major counterparts in the European session on Friday, as oil prices rose ahead of a summit between OPEC and non-OPEC countries taki...

Airlines to Take First Profit Hit Since 2011 as Oil Price Climbs

Global airline earnings are set to suffer their first annual decline in six years after reaching a record in 2016 as higher oil prices clip margins, according to the industry's main trade group.

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