Organization Of The Petroleum Exporting Countries

• OPEC meeting with allies ends with agreement to not further increase oil production

  A meeting of OPEC and its allies ended without any decision to further increase oil output despite U.S. President Donald Trump's call for lower prices.

  Economy

  Sep 24, 2018
  
• Cold weather leads to higher gas prices to start the year

  GasBuddy.com's Dan McTeague says the extended cold weather has led an an increase at the pumps.

  Canada

  Jan 9, 2018
  
• Advertisement
• Oil prices fall over doubts production will be cut

  Oil prices slipped Monday, pressured by doubts that large oil producers will reduce production as promised and on expectations that U.S. production would increase again this year.

  Money

  Jan 16, 2017
• Advertisement
• Price of oil up $1 as OPEC members cut production as promised

  Oil prices jumped more than $1 a barrel on Thursday on news that key OPEC members were cutting production as promised and on forecasts of strong demand growth in China.

  Canada

  Jan 12, 2017
• Oil prices rise as Saudi Arabia plans for global supply cut

  Oil prices rose on Thursday after Saudi Arabia started talks with customers about a reduction in crude sales to support a plan by OPEC to lower global supply.

  Canada

  Jan 5, 2017
• Oil prices hit 18-month high as OPEC output deal kicks in

  Oil prices hit 18-month highs on Tuesday buoyed by hopes that a deal between OPEC and other big oil exporters to cut production will drain a global supply glut.

  Money

  Jan 3, 2017
• Oil prices soar to 18-month high as global producers agree to cut output

  Oil rose to an 18-month high Monday after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to try to tackle global oversupply and boost prices.

  Canada

  Dec 12, 2016
• OPEC, non-OPEC agree first global oil pact since 2001

  OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut.

  Dec 10, 2016
• Advertisement
• OPEC oil output hits record numbers amid deal to cut supply

  OPEC's oil output set another record high in November ahead of a deal to cut production.

  Canada

  Dec 5, 2016
• Advertisement
• Oil prices tick up on optimism over OPEC supply cut pact

  Saudi Energy Minister Khalid al-Falih said he was optimistic OPEC would formalize a preliminary oil output deal reached in Algeria in September.

  Consumer

  Nov 17, 2016