OPEC Cut

• Oil prices sink to 3-month low as global supply rises

  Oil prices slid to three-month lows on Tuesday after OPEC reported a rise in global crude stocks and a surprise jump in production from its biggest member, Saudi Arabia.

  Money

  Mar 14, 2017
  
• Oil prices rise as OPEC production cut trims supply

  Oil prices are 23 per cent higher than they were at the end of November.

  Economy

  Mar 1, 2017
  
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• Loonie weakens as oil prices slump over OPEC production cut anxiety

  The loonie wavered Friday as the price of oil, one of Canada's major exports, was on track to end the week lower on lingering doubts over the extent of OPEC cuts.

  Canada

  Jan 13, 2017
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• 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 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
• 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