Oil slips on OPEC output hike, supply glut…

[ad_1] HOUSTON (Reuters) -Oil prices fell on Tuesday as investors considered a smaller than expected increase to OPEC output in November against signs of a potential supply glut. Brent crude futures were down 18 cents,…

Oil Curve Watched by OPEC Is Tanking Just…

[ad_1] (Bloomberg) -- Ever since OPEC started ramping up supplies in April, the group has drawn reassurance from one key oil indicator: the price curve. As it prepares to meet this weekend, that gauge is…

OPEC Nations Strive for Consensus on Size of…

[ad_1] (Bloomberg) -- OPEC nations are trying to reach consensus on how to adjust their oil production next month, with either a modest or more substantial supply increase possible, delegates said. Preliminary discussions before the…

Oil Extends Slide as OPEC Supply, US Shutdown…

[ad_1] Oil slid for a fourth day as OPEC is expected to agree on restoring more idled supply in a meeting over the weekend, while the ongoing US government shutdown fueled risk-off sentiment.  West Texas…

Oil slips as OPEC plan adds to expectations…

[ad_1] HOUSTON (Reuters) -Oil prices slipped on Tuesday as investors braced for a supply surplus due to potential OPEC plans for a larger output hike next month and the resumption of oil exports from Iraq's…

Oil prices drop more than 3% as OPEC…

[ad_1] HOUSTON (Reuters) -Oil prices fell by nearly 3.5% on Monday as OPEC plans for another increase to oil output in November and the resumption of oil exports by Iraq's Kurdistan region via Turkey raised…