OPEC

After OPEC's agreement to extend crude oil production cuts throughout 2018, oil prices may soon get yet another boost if the U.S. applies sanctions on Venezuela in response to President Nicolas Maduro’s calls for a snap election. The U.S. will likely seek to delay the Venezuelan election...

The year 2017 was a strong one in financial markets, as assets across categories made handsome gains. The standout performer, though, was an asset that's been treated with some skepticism among the investing community. Bitcoin added 1,328 percent in 2017, and there were other...

OPEC ministers will gather on Thursday in Vienna and attempt to reach a consensus on expanding a 2016 oil supply cut beyond March of next year. The Expert Helima Croft, managing director and global head of commodity strategy with RBC Capital Markets. The Strategy Oil prices could fall to the...

Saudi Arabia is the kingpin in the Organization of Petroleum Exporting Countries and one of the largest economies in the Middle East, but even with those feathers in the kingdom's cap, the country is lightly represented in the world of exchange traded funds. That's starting to change....

OPEC and other non-member energy giants like Russia agreed in June to extend its 2016 supply reduction deal to boost energy. But a few months into the extension and oil prices remain stuck below the $50 per barrel mark, which indicates the agreement isn't working in supporting oil prices. According...

OPEC members teamed up with other energy giants like Russia to collectively lower their output in 2016 to help support oil prices. The agreement was extended in June of 2017, but now there is ample evidence to suggest the deal is falling apart. Countries including Libya and Nigeria were exempt from...

Contrary to popular belief, low oil prices are a positive for U.S. stocks, at least according to Dennis Davitt of Harvest Volatility. Low oil prices are typically associated with poor or slowing economic activity since it implies demand for anything and everything that requires oil input isn't...

Despite all the attention surrounding the "Trump rally" in American stocks, foreign stock markets have been delivering superior returns. Bloomberg reports that the top performing stock market among the G20 members is Argentina with a near 35 percent return, followed by Turkey just shy of...

“We may be the only oil price bulls left,” said Raymond James analyst Marshall Adkins in a note. But rather than follow the crowd and reduce their $65 per barrel forecast for 2018 — a 45 percent upside to current oil prices — analysts dug in their heels and debunked the top...

Oil prices were trading lower by more than 1 percent Wednesday morning, which may call into question the recent 10-percent rally that began on June 21. Russia: No More Cuts One of the reasons that could be attributing to oil's decline on Wednesday comes from Russia, Bloomberg reported. The non-OPEC...

Now that investors are at the halfway point of 2017, it’s time to take a look back at what has been an exceptionally strong year for U.S. stocks so far. The SPDR S&P 500 ETF Trust (NYSE: SPY) is up 8.6 percent in the first half of the year, but not all stocks have been invited to the...