The next OPEC meeting is on May 25 and the fate of the cartel's oil production cap is at stake.
OPEC has to decide whether it will keep a lid on oil production or let its members produce as much as they want. And the decision will have a dramatic impact on crude oil prices.
The next OPEC meeting is on May 25 and the fate of the cartel's oil production cap is at stake.
OPEC has to decide whether it will keep a lid on oil production or let its members produce as much as they want. And the decision will have a dramatic impact on crude oil prices.
One of the most anticipated gatherings of 2016 took place in Vienna today, with a crucial OPEC meeting.
It's not even over yet, and investors are already asking "when is the next OPEC meeting?"
At the OPEC meeting today, member countries agreed to cut oil production for the first time since 2008, and that's a huge deal for oil prices.
If OPEC failed to finalize an agreement after its surprise September announcement, the organization would have lost its clout as an effective manager of oil prices.
Now that OPEC has reaffirmed its viability, oil prices are going to be moving ahead of 2017...
The November OPEC meeting is tomorrow and the stakes are high for the entire energy sector.
The cartel will try to reach its first official production agreement since 2008 in a bid to raise global crude oil prices.
The OPEC oil deal has been dictating crude prices lately.
But even as the cartel prepares to engineer the deal, these two factors still threaten its success.
The next OPEC meeting is just a week away and investors are anxiously waiting to see if a deal to cap oil production can get made.
When OPEC met in Algiers on Sept. 28, OPEC informally agreed to cap production. But the specifics of the deal had to be ironed out before the meeting on Nov. 30.
A new OPEC agreement would boost oil prices, but there are three obstacles in the way...
Rumors of a meeting between OPEC and the U.S. aren't just startling - they're unprecedented.
The reason why rests at the very heart of the U.S. oil industry...
When is the next OPEC meeting and why is it so important? Many investors don't know it, but the next OPEC meeting in Vienna will be the most important of the year.
Plus, we answer the big question: Will the next OPEC meeting lead to higher oil prices?
Our oil expert writes from Kissinger's Bar in Paris on the latest in the oil industry, including why OPEC's potential oil deal is far from complete.
Here's everything you need to know ahead of the next OPEC meeting...
Recent moves in the energy sector appear to be undermining the just-negotiated OPEC oil deal, but appearances can be deceiving.
Our energy expert explains what's really happening, right here...
The oil patch is abuzz with rumor and speculation concerning the April 17 meeting of OPEC and non-OPEC oil-producing nations in Doha, Qatar.
In fact, the markets have already reacted to the meeting, even though it hasn't happened yet; the New York-set crude benchmark West Texas Intermediate surged more than 4.5% this week, a week that saw crude head up for the most part.
But as I've said throughout oil's ongoing volatility, these days, perception and expectation in the oil markets are far more important than fundamental supply and demand. Demand is growing, and higher prices can unleash more than enough supply to meet that demand.
Oil prices have been swinging up and down seemingly without reason. This volatility will continue in the short term, but the foundation for long-term price stabilization is being laid behind the scenes.
This will open up plenty of opportunities, so here's what you need to know...
Anticipation of next month's OPEC meeting has been building, and it's showing in the recent oil price rally.
News of the meeting has put oil prices on track for their best month in almost a year.
But one country is refusing to attend, and it has investors worried that prices will fall again...
In the UAE's oil capital of Abu Dhabi, OPEC and Russia have been negotiating a coordinated cutting of oil production, which would lead to a movement up in global crude prices.
Unfortunately, any anticipation about these meetings was effectively negated over the past few days by three unexpected factors.
OPEC Meeting 2015: Oil officials from all 12 OPEC countries met at the Vienna headquarters today.
As expected, the meeting concluded in bitterness among members.
But here's why the meeting's outcome won't have a long-term effect on oil prices in 2016...
