Person: Bill O’Grady

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

Oil price gushes as Opec sticks to new year pledge

Oil rose to an 18-month high as output cuts by Kuwait and Oman signalled that Opec and its partners are delivering on their accord to stabilise the market.

Wed, 04 Jan, 2017

Oil rally falters on new concern over deteriorating industrial activity in China

Oil’s longest rally this year faltered on signs industrial activity in China is deteriorating, potentially hurting demand as the Organization of Petroleum Exporting Countries (Opec) pumps record amounts of crude.

Tue, 02 Feb, 2016

Ample supplies prompt oil fall

CRUDE oil fell after failing to break above $60 a barrel in New York for a third straight day and a US government report showed fuel stockpiles to be ample.

Thu, 08 Feb, 2007

OPEC meets as oil falls further

CRUDE oil fell for the first time in four days on forecasts that US inventories rose and scepticism OPEC will cut production by one million barrels a day.

Wed, 18 Oct, 2006