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  • OPEC delegates meeting over this week

    The oil price is edging lower again Wednesday, on news OPEC and non-OPEC delegates have discussed the likelihood of extending the current output cap through to the end of 2018, ahead of the Nov 30 Vienna meeting. read » November 2017
  • Shell's oil outlook supports

    European shares were higher Tuesday as investor sentiment was buoyed by positive UK bank stress test results and Shell's oil price outlook. read » November 2017
  • Potential extension of output cap also in focus

    the oil price is rising again Friday as the Keystone pipeline closure bites and as signs suggest an OPEC output cap extension could still go ahead. read » November 2017
  • Investors continue to eye Nov 30 OPEC meeting

    The oil price is rising Wednesday on news of a bigger than expected drawdown of US crude oil inventories and that delivery of oil through a Canadian pipeline will be reduced by 85% until the end of November. read » November 2017
  • OPEC Nov 30 meeting to be closely watched

    The oil price is marginally higher Tuesday after a few days of declines. A mixed outlook is limiting price moves as investors await the output of the Nov 30 OPEC meeting and if US shale oil output continues to rise. read » November 2017
  • Iraqi oil exports drop helps slow pace of price declines

    The oil price fell again Thursday although at a slightly slower pace as news Iraqi oil exports were hit a little harder than thought. read » November 2017
  • IEA says US to become net exporter of oil

    The oil prices edged lower for a second day Tuesday on anticipation of an increase in Us oil production. The IEA world energy report also highlights a steep increase in US shale oil production going forward. read » November 2017
  • November OPEC meeting still closely eyed

    The oil price rose sharply Monday and remains well bid Tuesday on rising geopolitical tensions, including the Saudi crown prince's political purge. The November OPEC meeting also remains in mind ahead of expectations of a output cap extension. read » November 2017
  • All eyes look towards November OPEC meeting

    The oil price rose again Wednesday on news that OPEC compliance with the agreed output cap rose to 92% in October from September's 86%. read » November 2017
  • OPEC output cap seen remaining in place

    The oil price remains above $60 per barrel Tuesday, as the current oil output cap between OPEC and some non-OPEC producers is expected to remain in place in 2018. Question marks are also being raised over the future level of output from US shale oil producers. read » October 2017
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