Page 5 - Oil Price
All eyes on Opec as US oil prices fall erasing any gains for the year
Crude's slump from its early-October peak above $76 a barrel comes as US production is at a record
 "All eyes on Opec as US oil prices fall erasing any gains for the year")
Opec makes a u-turn, now talks about moves to support oil prices
Earlier in the summer, prices began to surge as the risk of production shortfalls from sanctions on Iran and Venezuela's economic collapse rattled the market
 "Opec makes a u-turn, now talks about moves to support oil prices")
US threat in mind, OPEC urges members not to mention oil price in meetings
In July, senior OPEC officials attended a workshop in Vienna with international law firm White & Case to discuss US' NOPEC bill
Oil hits six-week high after OPEC deal, sterling jumps
Oil hits six-week high after OPEC deal, sterling jumps
Oil price volatility: Policy options
Given the random walk, changing oil prices impact short-term macroeconomic stabilization
Brent hits highest since Dec 2014 as Trump pledges Syria missile attack
Brent crude jumped to a high of nearly $72 a barrel
 "Brent hits highest since Dec 2014 as Trump pledges Syria missile attack")
Oil prices close to mid-2015 high over strong demand; further rise doubtful
Brent crude futures LCOc1 - the international benchmark for oil prices - were at $66.55 a barrel, down 2 cents but still not far off the $67.29 May 2015 high
 "Oil prices close to mid-2015 high over strong demand; further rise doubtful")
The political price of oil
Govt will have to deal with pressure on the fisc
Oil below $40 a barrel doesn't seem far-fetched
About $7 million worth of options changed hands Friday
 "Oil below $40 a barrel doesn't seem far-fetched")
Oil slips despite weak dollar as US stockpiles remain high
Concerns remain whether Opec-led output cuts were starting to drain a global glut
 "Oil slips despite weak dollar as US stockpiles remain high")
Oil price increases above $50 per barrel
August Brent crude futures were up 85 cents at $50.02 a barrel by 10:55 GMT, set for a gain of six per cent in two trading days
 "Oil price increases above $50 per barrel")
Oil prices take breather but uptrend likely to continue: Analysts
IEA report shows that rebalancing of supply and demand situation could come soon
 "Oil prices take breather but uptrend likely to continue: Analysts")
New Saudi minister is believer in reform and low oil price
Saudi Arabia's health minister, Khalid al-Falih at WEF had said that world's top oil exporter might benefit from oil below $30 per barrel
 "New Saudi minister is believer in reform and low oil price")
