OPEC

The MSCI Emerging Markets Index, one of the most widely followed gauges of developing world equities, is up 6.1 percent year to date. However, investors in some single-country emerging markets exchange traded funds are trouncing broader benchmarks with Indonesia being a prime example of that theme...

Oil investors had high hopes for this month’s international meeting of leading OPEC and non-OPEC oil producers, who will reportedly be discussing a plan to freeze global oil production. Rumors surrounding the meeting have been driving a huge rally in crude oil prices after they hit their...

Crude oil traded lower on Friday as the prospect of a freeze in output among major global producers turned grim. According to Bloomberg, Saudi Arabia pledged to freeze its oil output, but under a major condition – Iran and other major producers must promise to follow suit. OPEC and non-OPEC...

Oil prices were highly volatile on Thursday, as commodity investors and traders' focus turned to an upcoming meeting between OPEC and non-OPEC producing nations. According to the Wall Street Journal, a dozen countries have confirmed their attendance for an April 17 meeting to discuss an output...

Crude oil prices are soaring on Wednesday after several major news events boosted investor confidence in the outlook for oil prices. The piece of news that could have the largest potential near-term impact on oil prices is that Qatar’s Minister of Energy & Industry has announced OPEC...

Underscoring the recent bullishness from energy prices, the United States Oil Fund LP (ETF) (NYSE: USO) is up 22.6 percent over the past month. Energy equities are delivering impressive returns as well, as the Energy Select Sector SPDR (ETF) (NYSE: XLE) is higher by 11.7 percent over the same...

The iShares MSCI Saudi Arabia Capped ETF (NYSE: KSA) debuted in September, undoubtedly in auspicious timing for the first U.S.-listed exchange-traded fund tracking equities in the largest member of the Organization of Petroleum Exporting Countries (OPEC). While the iShares MSCI Saudi Arabia Capped...

The Global X MSCI Nigeria ETF (Global X Funds (NYSE: NGE)) has lost nearly a third of its value over the past year thanks in large part to the country's status as Africa's largest oil producer and a member of the Organization of Petroleum Exporting Countries (OPEC). Nigeria As An Oil...

The price of a barrel of oil surged higher on Thursday and hit a three-week high following reports that OPEC nations will gather in February to potentially discuss a cut in oil production. According to Reuters, Russia's Energy Minister Alexander Novak said that it is "reasonable"...

In the face of persistent pricing weakness, Credit Suisse is the latest firm to lower its crude oil pricing forecast for 2016 and beyond. Credit Suisse is now calling for average WTI crude prices of $30/bbl in Q1 of 2016, $38/bbl for 2016 as a whole and $54/bbl for 2017. The Bulls And The Bears...

The iShares Indonesia Investable Market Index Fund ETF (iShares MSCI Indons Invstbl Mrkt Indx Fd (NYSE: EIDO)) and the Market Vectors Indonesia Index ETF (NYSE: IDX) are down an average of just 2.75 percent this year compared to a loss of 10.3 percent for the MSCI Emerging Markets. From 2010...

On Wednesday, 111 exchange-traded products hit all-time lows. Of that group, 23 were dedicated energy exchange-traded funds and that does not include the plethora of diversified commodities and emerging markets ETFs with heavy energy exposure that also sunk to all-time lows Wednesday. The United...