Oil hits two-month high at $53 - The Nation Newspaper

Oil prices hit a two-month high yesterday – thanks to a tightening United States (U.S.) crude market and the threat of sanctions against Organisation of Petroleum Exporting Countries (OPEC)-member Venezuela. Brent crude futures were 52.90 dollars per ...

OPEC/non-OPEC coalition seeks to shore up oil output cut compliance at Abu Dhabi meeting - Hellenic Shipping News Worldwide

Faltering compliance with oil output cuts has moved the OPEC/non-OPEC producer coalition to call a meeting of technical experts next week in Abu Dhabi to discuss ways to firm up member commitments to uphold their quotas. The meeting, to be held August ...

Crude Oil On Verge Of $50, Up 8% For July - ForexTV.com

Crude oil futures rebounded from early losses Monday, creeping closer to $50 for the first time this summer. Crude oil bulls have come alive in July, prodded by signs that OPEC will do whatever it takes to re-balance oil markets. Last week, the ...