CLZ30.NYM - Crude Oil Dec 30
| Pre. Settlement | N/A |
| Settlement date | 2030-11-20 |
| Open | 54.90 |
| Bid | 53.60 |
| Last price | 55.14 |
| Day's range | 54.90 - 54.90 |
| Volume | |
| Ask | 57.00 |
Yahoo Finance VideoApple's headset revealed, SEC sues Binance, oil production cut: Top stories
Apple unveiling its Vision Pro mixed reality headset, the SEC suing crypto giant Binance, and Saudi Arabia pledging to cut production by one million barrels a day- these are just some of the top headlines the Yahoo Finance Live team is watching.
Yahoo Finance VideoOil prices rise after Saudi Arabia pledges production cut: How it will impact inflation
Oil prices are on the rise after a pledge from Saudi Arabia to cut production into 2024. Ben Laidler, eToro Global Markets Strategist and Tom Essaye, Sevens Report Research Founder and President discuss the impact of this decision upon the global energy market.
Yahoo Finance VideoOil prices, S&P nears bull market, Apple WWDC: Monday's top stories
Today's top stories: Saudi Arabia is pledging to cut production, sending oil prices higher. Meanwhile, the S&P 500 is nearing a bull market, but Morgan Stanley analysts say in a new note that they expect to see S&P 500 earnings to fall by 16 percent. Finally, Apple is expected to reveal a new product, a mixed reality headset, at its annual WWDC.
BloombergOil Erases All Gains That Followed Saudi-Led Production Cut
(Bloomberg) -- Oil erased all the gains that followed Saudi Arabia’s surprise weekend pledge for extra supply cuts.Most Read from BloombergApple Headset Looks Sleek in Person But Battery Pack Stands OutSEC Sues Binance and CEO Zhao for Breaking Securities RulesApple’s $3,499 Vision Pro Headset Will Test Marketing MightUkraine Blames Russia for Dam Blast as War IntensifiesA Wall Street Titan Scores One of the Best Real Estate Trades EverWest Texas Intermediate dipped below $71 a barrel on Tuesday
Yahoo Finance UKFTSE 100 down as Europe wakes up to Kakhovka dam blast in Ukraine
A major dam at a hydro-electric power plant on the Dnipro river in the southern Kherson region of Ukraine has been blown up. Ukraine's military has accused Russian forces for the attack on the Nova Kakhovka.
- Investing.com
Oil edges lower as OPEC-driven rally fizzles out
Investing.com -- Oil prices crept lower in Asian trade on Tuesday as initial optimism over more supply cuts by Saudi Arabia and the OPEC was largely offset by persistent concerns over slowing economic growth and weakening demand.
- Oilprice.com
Oil Majors Keen On Libya’s Untapped Potential
Libya is revamping its oil and gas sector through a new strategic plan to boost production, attract foreign investment, and meet international standards.
- Investing.com
Oil jumps on big OPEC show, then sputters to meek finish
Analysts at Goldman Sachs itself said the output deal was "moderately bullish" for oil markets and could boost December 2023 Brent prices by between $1 and $6 a barrel depending on how long Saudi Arabia maintains output at 9M barrels daily.
ZacksPetrobras (PBR) to Boost Oil Production in Buzios Field
Petrobras (PBR) commences production on the FPSO Almirante Barroso platform in Brazil's Buzios field, which has the capacity to produce up to 150,000 barrels of oil and 6 million cubic meters of gas per day.
ZacksSaudi Pledges Extra Oil Output Cuts: 4 Sector ETFs to Win
In a surprise move, Saudi Arabia pledges to reduce its oil output further by a million barrels a day, causing a noticeable uptick in global oil prices.
BloombergTrudeau Is Betting $9 Billion on a Plan to Clean Up the World’s Dirtiest Oil
(Bloomberg) -- Canada is staking billions of dollars of public money on an oil industry plan to transform one of the world’s dirtiest crudes into one of the cleanest. But it’s relying on a technology with a checkered track record to prolong the life of a business critics say belongs in the history books.The tar that infuses the sands in Canada’s remote northwest is so sticky the region’s indigenous people traditionally used it to waterproof their canoes. It wasn’t much use for anything else unti
Yahoo Finance UKOil prices continue rally after top crude exporter cuts output
Saudi Arabia said it will reduce production by 1 million barrels per day from July, prompting oil prices to jump.
- Investing.com
U.S. oil stocks pare back early gains amid Saudi output cut pledge
Investing.com -- U.S. oil stocks pared back early gains in choppy trading on Monday as these companies were boosted by a jump in oil prices following an announcement from Saudi Arabia that it plans to cut production from next month.
- Investing.com
Crude oil soars; Saudi production cut boosts sentiment
Oil prices soared Monday after Saudi Arabia, the world’s largest exporter, pledged over the weekend to cut production by a further million barrels per day from July in an attempt to support a market hit by macroeconomic headwinds. Saudi Arabia, the de facto leader of the group of top producers known as OPEC+, announced on Sunday that the kingdom's output would drop to 9 million barrels a day in July from around 10 million barrels a day in May, the country’s biggest cut in years. This voluntary cut comes on top of the ongoing deal by the Organization of the Petroleum Exporting Countries and allies, including Russia, to limit supply into 2024.
Yahoo Finance UKWall Street and FTSE mixed as oil prices rise on Saudi supply cut
Oil prices were higher after Saudi Arabia said it will reduce how much crude it sends to the global economy in a bid to prop up prices.
BloombergSaudi Shoulders Burden to Support Oil Market With Extra Cuts
(Bloomberg) -- Saudi Arabia will make an extra 1 million barrel-a-day oil supply cut in July, taking its production to the lowest level for several years after a slide in crude prices.Most Read from BloombergMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyOil Trims Gains As Traders Wait for OPEC+ Cuts to MaterializeUS F-16 Triggers Sonic Boom Pursuing Cessna That CrashedOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutBiden Debt-Bill Signing Set to Unleash Tsunami of US Debt
- Investing.com
Oil prices surge after Saudi pledges more supply cuts
Investing.com -- Oil prices rose sharply in early Asian trade on Monday after Saudi Arabia pledged deep production cuts in July, while the Organization of Petroleum Exporting Countries and Allies agreed to extend supply cuts into 2024.
The TelegraphSaudi Arabia slashes oil production and threatens to do ‘whatever is necessary’ to boost prices
Saudi Arabia has announced plans to cut its oil production by 1 million barrels per day (bpd) as the Kingdom pledged to do “whatever is necessary” to prop up sagging prices.
Motley Fool2 High-Octane High-Yield Dividend Stocks That Could Rally Sharply From Here
Devon Energy (NYSE: DVN) and Pioneer Natural Resources (NYSE: PXD) are different breeds of dividend stocks. The oil companies pay fixed base quarterly dividends like most other dividend stocks. On top of that, they both pay variable dividends based on the oil-fueled free cash flow.
- Investing.com
Energy & precious metals - weekly review and outlook
By the time you read this, OPEC would have probably decided, even announced, new production levels meant to seize pricing of oil back from the hands of short-sellers who’ve driven the group nuts this year in trying to keep a barrel at $80 or more. Oil revenue is the lifeblood of the economies in OPEC, or the Organization of the Petroleum Exporting Countries, a 13-member Saudi-led group whose main objective is to be the price-setter of the commodity. Ten other oil-producing states, including Russia, that aren’t OPEC members also keep their output closely in line with the group’s for the sake of price.
- Financial Times
Saudi Arabia’s ‘prickly prince’ of oil bristles as crude price slides
Barring of journalists from this weekend’s Opec+ meeting underlines Prince Abdulaziz’s tempestuous reputation
Motley Fool1 Top Oil Stock I'm Buying in June
Oil prices have bounced between $70 and $80 a barrel this year. While there are many top oil stocks, I've zeroed in on Chevron (NYSE: CVX) as the one I want to buy this month. Here's why I believe oil prices appear poised to rally and why Chevron is my oil stock of choice to profit from that thesis.
The TelegraphDiesel prices plummet after crackdown on overcharging
Diesel prices dropped by a record 12p per litre in May, after a crackdown on overcharging.
