iPath Pure Beta Crude Oil ETN

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At OPEC's meeting Saudi Arabia energy minister maintains cautious stance on oil production levels.

Oil steady as OPEC Saudi minister urges production caution

Oil futures gave nearly all of its gains in Thursday dealings. The Organization of the Petroleum Exporting Countries and their allies have reached a preliminary agreement to gradually ease production cuts from May, Reuters reported, citing two OPEC+ sources.

Oil gives up nearly all of its gains on reports OPEC+ plans to ease output cuts

Market players are watching the situation very closely, and praying that the cartel acknowledges the coronavirus vaccine-related challenges.

What Can We Expect From OPEC+?

The United States has stressed the importance of "affordable" energy to Saudi Arabia ahead of a meeting of major oil producers, which will decide whether to pump more barrels following a sharp increase in prices.

US leans on Saudi Arabia over rising oil prices as OPEC meets

Oil futures edge higher Thursday, finding support ahead of a decision by the Organization of the Petroleum Exporting Countries and its allies on how to adjust output curbs beginning next month.

Futures Movers: Oil edges higher ahead of OPEC+ decision on crude output

Trade groups have thrown a fit over Biden's pause on new oil and gas leases. They have much bigger things to worry about.

The oil and gas industry is in denial about its own demise

The ongoing coronavirus crisis continues to cloud the outlook, and analysts expect this to reaffirm Saudi Arabia's caution about the global economic recovery.

OPEC+ to decide on oil production policy as demand concerns persist

OPEC+ will debate two key options for oil policies from May and beyond, including a rollover of existing cuts and a gradual increase of production, three OPEC+ sources said.

OPEC+ hesitates between oil cuts rollover and increase, sources say

Crude prices rose on Thursday, recouping some of the previous session's losses on expectations that a meeting of OPEC and its allies later on Thursday would yield output constraint in the face of resurgent COVID-19 infections in some regions.

Oil gains ahead of OPEC+ meeting on output policy

Oil futures settled lower Wednesday as uncertainty continued to surround the outlook for energy demand, with Mohammad Barkindo, secretary general of the Organization of the Petroleum Exporting Countries on Wednesday calling the economic environment "challenging." However, prices ended higher for the quarter as traders bet that the OPEC and its allies, together known as OPEC+, will agree on Thursday to extend production curbs.

Oil prices settle lower for the session, gain more than 20% for the quarter

Oil prices moved slightly lower Wednesday, giving up modest gains in the wake of comments from Mohammad Barkindo, secretary general of the Organization of the Petroleum Exporting Countries, known as OPEC. The group and its allies, referred to as OPEC+, are holding a technical committee meeting Wednesday, ahead of the OPEC+ gathering Thursday that's expected to result in a decision on production levels for the month of May.

Oil prices move slightly lower as OPEC's Barkindo says economic environment remains 'challenging'

Since OPEC's last meeting, a cacophony of speculators, banks and crude bulls have come out with wildly optimistic price calls that appear to be detached from physical market reality.

Medium-Term $100 Oil Forecasts Are For Paper Traders And Fantasist Bulls Only

Oil futures trade near unchanged Wednesday after an industry group reports a rise in U.S. crude inventories and investors await a meeting of OPEC and its allies on production curbs.

Futures Movers: Oil prices struggle for direction ahead of supply data, OPEC+ meeting

Oil prices rose on Wednesday, paring overnight losses a day ahead of a meeting of OPEC and its allies, with investors betting the producers will largely agree to extend their supply curbs into May.

Oil rises on expectations OPEC+ will maintain supply discipline

Oil futures ended with a loss on Tuesday, as the reopening of the Suez Canal eased concerns surrounding the flow of oil supplies in the region. The canal is open again and the backlog of ships could be cleared within a week, said Edward Moya, senior market analyst at Oanda.

Oil ends lower as Suez Canal reopens; attention turns to OPEC+

Oil futures lose ground Tuesday, feeling pressure after ships resumed moving through the Suez Canal and traders turn their attention to a meeting of the Organization of the Petroleum Exporting Countries and its allies.

Futures Movers: Oil falls as Suez Canal reopens, focus shifts to OPEC+

Oil prices fell on Tuesday as shipping traffic resumed through the Suez Canal after days on hold and attention switched to an OPEC+ meeting this week where the extension of supply curbs may be on the table amid new coronavirus pandemic lockdowns.

Oil prices slip as focus switches from Suez Canal blockage to OPEC+ supply policy

Oil futures ended higher on Monday, with concerns persisting over continued delays in oil shipments despite news that the container ship blocking the Suez Canal has been freed. "The release of the tanker frees the bottleneck allowing awaiting oil and petroleum products" to pass through, but "there will still be a delay in their arrival," said James Williams, energy economist at WTRG Economics.

Oil ends higher as traders look to the aftermath of the Suez Canal mishap

Crude oil futures and ETFs stabilized on Monday, as the Ever Given, one of the world's largest container vessels, was finally freed from the banks of the Suez Canal, where it had run aground nearly a week ago, impeding the flow of global trade goods like crude oil. The Suez Canal Authority said on Monday [.

Crude Oil ETFs Stabilize as the Ever Given Is Finally Freed

Crude-oil futures trade higher Monday morning as reports ahead of a key meeting of oil producers overshadow the partial freeing of the world's largest container vessel, which had blocked the Suez Canal for about a week, producing massive logjams in global trade and putting strains on energy assets.

Futures Movers: Oil price rises as Suez Canal developments offset as Russia seen supporting crude output curbs to May

Oil prices are falling after the Ever Given container ship was partially pried free in the Suez Canal, giving rise to hopes that a crucial lane of global trade can soon reopen.

Oil prices dip after giant vessel stuck in the Suez Canal is partially dislodged

Oil was slightly lower on Monday, relatively placid after four sessions of wild swings in price, as efforts continued to dig out the giant container ship clogging the Suez Canal and little new emerged in the demand picture.

Oil edges lower as salvage operation in Canal goes on

United States Copper Index Fund

iPath Bloomberg Copper Subindex Total Return ETN

Crude-oil futures trade higher Friday as a 220,000 ton cargo ship blocked the Suez Canal for a fourth straight day and efforts to dislodge the world's largest container vessel from the critical trade waterway proved unsuccessful.

Futures Movers: Oil prices rise as traders expect protracted blockage of Suez Canal

Oil prices were trading more than 1% higher on Friday.

Oil trades higher as Suez Canal jam continues

Oil prices bounced back on Friday from a plunge a day earlier on concerns that a large container ship that ran aground in the Suez Canal may block the vital shipping lane for weeks, squeezing supply.

News for iPath Pure Beta Crude Oil ETN Stock (OIL)