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.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
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...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
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...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
With the 168th OPEC meeting on Friday, many people are wondering why the OPEC meeting matters.
After all, the last summit saw no major outcomes as the cartel decided to keep production unchanged.
But there are two reasons why this meeting could have a big impact on the 2016 oil market...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Will OPEC cut oil production?
That's the biggest question on investors' minds as oil ministers from OPEC's 12 nations congregate in Vienna this week.
Here's the one factor that OPEC's decision hinges on...
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -
In its monthly report released on Monday, OPEC indicated it is now willing to discuss production levels with other non-OPEC countries.
This is the first indication that the low crude oil price environment has been creating serious problems inside the cartel.
Here's what that means for OPEC's production strategy... and the oil market as a whole...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Yesterday, OPEC released a bulletin saying low prices "remains a cause for concern" and OPEC is "ready to talk to all other producers."
The news has investors wondering: Will OPEC cut production?
Here's what you need to know about the cartel's dicey situation...