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CNNMoney: OPEC to leave oil production unchangedupdated: Thu Jun 14 2012 15:35:00

OPEC said it will leave its official production ceiling unchanged, dashing hopes for an official increase that could have sent crude prices lower.

CNNMoney: OPEC officially raises oil outputupdated: Wed Dec 14 2011 14:49:00

For the first time in three years, OPEC nations agreed Wednesday to a higher oil output level despite continuing uncertainty in the global economy.

CNNMoney: OPEC: Speculators to blame for high oil pricesupdated: Wed Dec 07 2011 12:27:00

The head of OPEC said Wednesday that speculators are at least partly to blame for high oil prices -- not any lack of supply on world markets.

CNNMoney: OPEC members: We want clean energyupdated: Mon Dec 05 2011 09:49:00

Representatives from a half-dozen OPEC nations acknowledged Monday what many U.S. politicians won't -- that global warming is indeed a problem.

CNNMoney: OPEC ups oil demand forecastupdated: Tue Nov 08 2011 16:06:00

OPEC now expects demand for oil to grow even more than it projected just a year ago, as the oil cartel said the recovery from the Great Recession took place faster than it expected.

CNNMoney: OPEC cuts oil production and demand outlookupdated: Mon Sep 12 2011 15:36:00

OPEC cut its forecast Monday for global oil demand and production, citing the slowing economic recovery.

CNNMoney: OPEC deadlocked on oil production hikeupdated: Wed Jun 08 2011 15:01:00

Oil prices breached the $100-a-barrel mark Wednesday after OPEC said it could not reach an agreement about raising crude production.

OPEC: Hawks vs. doves in Viennaupdated: Wed Jun 08 2011 12:47:00

The dozen members of OPEC convened in a climate of highly charged politics, a war in a member state and with countries like the United States asking for some relief from $100 oil. It was one of the most interesting meetings in a decade because it is evidence that geo-politics and oil definitely mix and cause combustion.

All eyes are on OPECupdated: Wed Jun 08 2011 07:17:00

CNN's John Defterios reports on whether OPEC will raise its production quota.

CNNMoney: Oil prices ease on talk of OPEC boostupdated: Tue Mar 08 2011 15:08:00

Oil prices eased Tuesday following reports that key producers are discussing the possibility of increasing output.

CNN Student News Explainer: Gas Pricesupdated: Mon Feb 21 2011 16:18:00

The price that your parents pay to fill up the family car is rising. Ever stop to think about what's behind the price at the pump? Here's a look at where the money goes when you buy a gallon of regular gasoline.

OPEC at 50updated: Thu Oct 14 2010 14:38:00

CNN's John Defterios looks at the changing history of OPEC, keeper of one-third the world's oil reserves.

OPEC's power play as cartel marks 50 yearsupdated: Thu Oct 14 2010 14:38:00

Autumn 1960 in Baghdad. Five heads of state sign on the dotted line to alter the course of energy for decades to come.

CNNMoney: Oil climbs above $74updated: Tue Dec 22 2009 15:46:00

Oil prices rose above $74 a barrel on Tuesday after the government released its final revision of third-quarter GDP and OPEC left oil output targets unchanged.

CNNMoney: Oil prices rally, pullback on horizonupdated: Fri Oct 16 2009 14:14:00

Oil prices have vaulted above $78 a barrel this week as investors continue to fret about a weak dollar and the pace of the economic recovery.

OPEC holds steady on output levelsupdated: Thu Sep 10 2009 04:18:00

OPEC on Thursday agreed to leave current production levels unchanged, citing an oversupplied market and "downside risks associated with the extremely fragile recovery."

CNNMoney: Oil slides to near $70updated: Mon Jun 15 2009 14:48:00

Oil sold off Monday to settle near the $70 mark as the dollar rose, stocks fell, and a slew of global events put downward pressure on prices.

CNNMoney: Oil rises above $65 as OPEC holds steadyupdated: Thu May 28 2009 14:52:00

Oil rose above $65 a barrel Thursday after OPEC decided to leave the group's crude production unchanged and an inventory report showed an unexpected decline in supply.

CNNMoney: Oil hits 6-month high above $62updated: Tue May 26 2009 15:06:00

Oil prices rebounded Tuesday to their highest level this year as a triple-digit rally on Wall Street pulled crude off its earlier lows.

CNNMoney: Oil rallies above $50updated: Thu Apr 09 2009 14:58:00

Oil prices followed the stock market higher Thursday after Wells Fargo released a bright earnings outlook.

CNNMoney: Oil: Low prices are behind usupdated: Thu Mar 19 2009 16:58:00

Crude closed at $33.87 a barrel earlier this winter, and that's likely the lowest we'll see for some time.

CNNMoney: Oil prices rise on stocks, dollarupdated: Mon Mar 16 2009 15:07:00

Oil prices closed higher Monday, recovering from earlier losses, as investors responded to rising stock prices, a weaker U.S. dollar and reports of a pipeline attack in Nigeria.

CNNMoney: Oil prices sink near $46updated: Fri Mar 13 2009 15:29:00

Oil prices sank nearly a dollar Friday as OPEC and the IEA cut their 2009 demand projections.

CNNMoney: Oil above $47 on production cut talkupdated: Mon Mar 09 2009 15:14:00

Oil prices rose above $47 a barrel Monday on talk of an OPEC production cut, but they fell off the day's high after comments from Saudi Arabia put a damper on the speculation.

CNNMoney: Oil down 10%: Economy trumps cutsupdated: Mon Mar 02 2009 14:53:00

Oil prices dropped 10% Monday as concerns over a weakening economy overshadowed signs of supply reductions from OPEC.

CNNMoney: Oil jumps more than $2updated: Wed Feb 25 2009 16:38:00

Oil gained more than $2 a barrel Wednesday, after a government report showed that while supplies of gasoline fell much more than expected, crude stockpiles continue to grow amid sluggish demand.

CNNMoney: Oil settles below $40 on demand jittersupdated: Mon Feb 09 2009 17:31:00

Oil prices fell Monday, erasing earlier gains, as the market remains confined to a narrow trading range by concerns about waning demand and ongoing production cuts.

CNNMoney: Oil prices step above $41updated: Thu Feb 05 2009 15:26:00

Oil settled nearly a dollar higher Thursday after investors digested several economic reports and weighed the possibility of another OPEC production cut announcement in March.

CNNMoney: Oil edges lowerupdated: Wed Feb 04 2009 15:05:00

Oil prices turned lower Wednesday, as a bigger-than-expected increase in the nation's crude supply offset indications of further OPEC production cuts.

CNNMoney: Oil rises as OPEC cuts productionupdated: Tue Feb 03 2009 15:36:00

Oil prices rose Tuesday as signs of OPEC production cuts began to emerge. But gains were tempered as the group fell short of its pledge and the economy continued to show weakness.

CNNMoney: Oil falls to 3-week lowupdated: Thu Jan 15 2009 15:10:00

Oil prices fell nearly $2 a barrel Thursday, to the lowest close since Christmas Eve, as global economic weakness and falling demand continued to weigh on the market.

CNNMoney: Oil slumps 8% on demand woesupdated: Mon Jan 12 2009 14:52:00

The price of oil fell Monday as investors remained focused on last week's bad economic news and bet that demand for petroleum products will continue to decline.

CNNMoney: Oil falls after jobs reportupdated: Fri Jan 09 2009 14:55:00

Oil prices fell Friday after a government report showing significant job losses added to concerns about weaker demand in an ailing economy.

CNNMoney: Oil bounces back above $37updated: Fri Dec 26 2008 14:54:00

Oil prices rose back above $37 a barrel Friday after OPEC member United Arab Emirates detailed how it would cut production as part of the trade group's pledge to reduce output by 2.2 million barrels a day in January.

CNNMoney: Oil settles below $34updated: Fri Dec 19 2008 15:16:00

Oil prices fell sharply Friday, on the last day of the January contract, as the global economic slowdown continues to clamp down on demand.

CNNMoney: U.S. expects big drop in oil importsupdated: Wed Dec 17 2008 16:32:00

Despite the recent rout in oil prices, the government expects crude to shoot back up over the long term. That is expected to result in a drastic drop in oil imports and a greater use of renewable energy.

CNNMoney: Oil sinks to 4 1/2-year low after OPEC cutupdated: Wed Dec 17 2008 15:05:00

The Organization of Petroleum Exporting Countries, in a bold but not unexpected move to prop up falling oil prices, said Wednesday that it would cut production by 2.2 million barrels a day starting next month. The cut is the largest ever announced by OPEC.

CNNMoney: Oil falls after touching $50 a barrelupdated: Mon Dec 15 2008 14:48:00

Oil prices retreated after briefly topping $50 a barrel Monday as concerns about the economy overshadowed a possible production cut from the Organization of Petroleum Exporting Countries.

CNNMoney: Oil prices fall below $43updated: Tue Dec 09 2008 15:15:00

Oil prices broke lower Tuesday, after rallying nearly $3 a barrel the day before, as investors worried that a possible OPEC production cut next week may not be enough to sustain prices during the global economic downturn.

CNNMoney: Oil drops below $50updated: Mon Dec 01 2008 15:13:00

Oil prices fell back below $50 a barrel Monday, to its lowest level in more than 3-1/2 years, after OPEC said it would wait until its next scheduled meeting in mid-December to consider further production cuts designed to stabilize prices.

CNNMoney: Oil back to $50 as economic woes persistupdated: Tue Nov 25 2008 14:49:00

The price of oil fell Tuesday, after a big rally in the previous session, as investors looked past the government's latest economic intervention to focus on the long-term economic outlook and waning energy demand.

CNNMoney: Oil settles above $54 a barrelupdated: Mon Nov 24 2008 14:53:00

The price of oil surged Monday as investors cheered the federal government's massive rescue package for banking giant Citigroup.

CNNMoney: Oil prices fall on demand jittersupdated: Fri Nov 14 2008 14:58:00

Oil prices fell Friday as investors took cues from from the selloff in stocks as an indicator of weak global demand for energy.

Oil prices hold steady after OPEC moveupdated: Fri Nov 14 2008 11:14:00

Oil prices are holding steady after OPEC announced it would meet this month to address crude prices which have fallen 60 percent in only four months.

CNNMoney: Oil falls to 17-month lowupdated: Mon Oct 27 2008 15:57:00

The price of oil settled at its lowest level since May 29, 2007 Monday as investors worried that the global economy may not be able to sustain demand for fuel as world markets tumbled.

CNNMoney: Oil sinks to 17-month lowupdated: Mon Oct 27 2008 08:16:00

Growing evidence of a severe global economic slowdown drove oil prices to below $62 a barrel Monday to 17-month lows, as investors brushed off a sizable OPEC output cut.

CNNMoney: OPEC cuts production, oil hits 17-month lowupdated: Fri Oct 24 2008 15:00:00

Oil prices fell Friday to their lowest point since May 2007 as investors were unimpressed by a decision from the world's largest oil cartel to slash production targets.

OPEC cuts oil output to halt price collapseupdated: Fri Oct 24 2008 07:04:00

The Organization of Petroleum Exporting Countries said Friday it will cut oil output by 1.5 million barrels a day to halt a collapse in prices.

CNNMoney: Oil rises on expected OPEC cutupdated: Thu Oct 23 2008 14:46:00

Oil prices rebounded from a 16-month low Thursday as many investors anticipated a large production cut from OPEC at its emergency to deal with falling demand in the slowing economy.

CNNMoney: OPEC's tough fight: Cheap oilupdated: Wed Oct 22 2008 16:45:00

When the Organization of Petroleum Exporting Countries meets at its Vienna headquarters on Friday it will be reminded of just how slippery the price of oil can be, and how little control the cartel has over its price.

Time.com: OPEC Wants You to Pay More for Gasupdated: Wed Oct 22 2008 04:55:00

Fearing that falling prices will cause domestic upheaval, oil producing nations plan to cut their output

CNNMoney: Oil dips below $70 a barrelupdated: Tue Oct 21 2008 14:52:00

Oil prices fell Tuesday, briefly sliding below the $70-a-barrel mark, as talk of falling demand continues to weigh on the markets.

CNNMoney: Oil rises on OPEC rhetoricupdated: Mon Oct 20 2008 14:51:00

The price of oil rose Monday as investors weighed a potential OPEC supply cut against longer-term concerns about weakening demand.

CNNMoney: Gas still below $3 a gallonupdated: Mon Oct 20 2008 08:03:00

Gas prices continued their decline one day after falling below $3 a gallon for the first time in nearly nine months, according to a daily survey of credit card swipes released Sunday.

CNN Student News One-Sheet: Gas Pricesupdated: Thu Oct 16 2008 17:32:00

The price that your parents pay to fill up the family car is rising. Ever stop to think about what's behind the price at the pump? Here's a look at where the money goes when you buy a gallon of regular gasoline. (The percentages cited below, which are from the Energy Information Administration, may vary by month. This data is as of August 2008.)

CNNMoney: Stocks struggle after rallyupdated: Wed Sep 10 2008 08:27:00

Stocks struggled Tuesday morning, as investors were cautious after the previous session's advance on relief about the government's housing rescue plan.

CNNMoney: Oil ends at 5-month low on OPEC talkupdated: Wed Sep 10 2008 08:26:00

Oil prices fell Tuesday, as investors believed OPEC will keep production at current levels, and as Hurricane Ike lost strength over Cuba.

CNNMoney: Saudis hint at no change in OPEC productionupdated: Wed Sep 10 2008 07:52:00

Comments by OPEC powerhouse Saudi Arabia suggested Tuesday that the 13-nation cartel would likely keep crude production steady, despite plunging oil prices.

Time.com: Oil Rises on OPEC Production Curbupdated: Wed Sep 10 2008 07:00:00

OPEC oil ministers agreed to trim overall output by more than 500,000 barrels a day in a compromise meant to avoid new turmoil in crude markets while seeking to bolster falling prices

CNNMoney: Oil ends at 3-1/2 month lowupdated: Mon Aug 18 2008 17:20:00

Oil prices lost nearly $1 Monday, finishing at its lowest point in more than 3-1/2 months, as concerns about falling demand outweighed a weaker dollar.

Time.com: Oil Falls to $111 on Stronger Dollarupdated: Fri Aug 15 2008 14:00:00

Oil fell to its lowest price in three months Friday, briefly touching the $111 level after the dollar muscled higher and OPEC predicted the world's thirst for fuel next year will fall to its lowest point since 2002

CNNMoney: Oil price forecast for '09 gets a trimupdated: Thu Aug 14 2008 14:01:00

Oil prices could be lower than previously expected next year, but the outlook for home heating oil and natural gas signals more pain this winter, according to a government report released Tuesday.

Fortune: OPEC's empty toolkitupdated: Wed Jul 16 2008 04:22:00

The leaders of OPEC have a long list of culprits for high oil prices: the falling dollar, U.S.-Iranian tensions, and shady speculators.

OPEC looks to the futureupdated: Wed Jul 09 2008 03:16:00

Marketplace Middle East's John Defterios speaks with OPEC's Chakib Khelil about oil prices and what the future may hold.

CNNMoney: Oil touches record but ends lowerupdated: Mon Jun 30 2008 15:02:00

Retail gas prices and crude oil futures reached record highs Monday amid a backdrop of Mideast tensions and dollar concerns, but crude ended the day lower.

CNNMoney: Oil hits $140 for the first timeupdated: Thu Jun 26 2008 15:41:00

Oil reached $140 a barrel for the first time ever Thursday following reports that Libya may cut production and an OPEC official said crude could hit $170 a barrel this summer.

CNNMoney: Oil tumbles for second straight dayupdated: Tue Jun 10 2008 15:01:00

Crude prices lost more than $3 a barrel Tuesday on a strengthened dollar and a report showing increased output from Saudi Arabia and OPEC, while gasoline reached another record high average that stretched above the $4-a-gallon threshold.

Time.com: OPEC: Oil Prices Not Our Faultupdated: Sun Jun 01 2008 13:00:00

Algerian Energy Minister Chakib Khelil told reporters the cartel will make no new decision on production levels until Sept. 9

Indonesia to withdraw from OPECupdated: Wed May 28 2008 06:54:00

Indonesia will withdraw from the Organization of Petroleum Exporting Countries at the end of the year, the country's energy minister told foreign journalists Wednesday.

Oil prices still on the riseupdated: Tue Apr 29 2008 11:34:00

Sr. Business Correspondent Ali Velshi looks at why oil and gas prices continue to soar.

CNNMoney: Fed could burst oil's bubbleupdated: Tue Apr 29 2008 11:34:00

Crude oil prices and the value of the dollar have been marching in different directions for months. But that may shift if the Federal Reserve signals on Wednesday that its rate-cutting campaign has come to a close.

Time.com: OPEC: Gas Prices Will Stay Highupdated: Fri Apr 11 2008 12:00:00

They may not agree on the causes of the problem, but oil companies and OPEC agree that prices won't come down for the foreseeable future

Time.com: Why OPEC Won't Boost Oil Suppliesupdated: Thu Mar 13 2008 21:50:00

Washington warns that skyrocketing prices threaten a global recession that will hurt oil producers, but their capacity to boost supply to meet rising demand may be limited

Time.com: Oil Prices Spike to Record $105.10updated: Thu Mar 06 2008 07:00:00

Oil prices hit a record $105.10 a barrel Thursday, a day after a surprise drop in U.S. crude supplies and a decision by OPEC not to boost production

CNNMoney: Oil nears $105 for the first timeupdated: Wed Mar 05 2008 15:10:00

Oil prices neared $105 a barrel Wednesday for the first time ever after a government report showed a surprise dip in crude supplies and OPEC announced its decision to not increase production.

Saudi Oil Boomupdated: Wed Mar 05 2008 01:28:00

MME takes an in depth look into Saudi Arabia, which stands to make $165 billion in revenue from oil this year alone.

CNNMoney: Brazil dances with OPECupdated: Fri Feb 22 2008 18:23:00

OPEC, the 13-nation cartel that has a huge influence over oil prices, may be expanding farther into South America.

CNNMoney: Oil prices: OPEC's high wire actupdated: Fri Jan 25 2008 15:32:00

High oil prices are a drag on the economy, but OPEC isn't likely to raise production at its special meeting next week. But experts say the cartel is on track to meet worldwide demand - and keep prices from rising further - in the long run.

CNNMoney: $100 oil and the 'S' wordupdated: Wed Jan 02 2008 12:51:00

Greed is driving oil prices to $100 a barrel.

CNNMoney: Oil slips despite supply drop, no OPEC hikeupdated: Wed Dec 05 2007 15:52:00

Oil prices ended lower Wednesday, as traders brushed off a big decline in crude stocks that were attributed to bad weather and OPEC nixed a production increase that traders said was all but meaningless.

CNNMoney: Saudis may supply more oil on slyupdated: Wed Dec 05 2007 12:17:00

Despite OPEC's rather surprise decision Wednesday to not raise production in the face of $100 oil, experts say one big oil heavyweight will likely slip more crude to an energy-thirsty world.

CNNMoney: Oil prices soar as OPEC stands pat on outputupdated: Wed Dec 05 2007 07:47:00

OPEC dashed hopes that it would step up production at its meeting Wednesday, news that sent oil prices shooting back towards the $90 a barrel mark in early trading.

CNNMoney: Saudis may bigfoot OPEC and hike outputupdated: Tue Dec 04 2007 15:13:00

OPEC may not officially boost output at the conclusion of its meeting Wednesday in Abu Dhabi, but that doesn't mean the world won't get its oil.

CNNMoney: Oil prices tank nearly $4updated: Wed Nov 28 2007 16:17:00

Oil prices fell nearly $4 Wednesday, adding to steep losses Tuesday, on a healthier-than-expected U.S. inventory report and speculation OPEC will boost production.

CNNMoney: Oil slips on possible supply increaseupdated: Tue Nov 27 2007 06:03:00

Oil prices fell Tuesday on growing expectations that OPEC ministers will agree to raise crude production during a meeting next week.

OPEC and the dollarupdated: Mon Nov 19 2007 01:56:00

CNN's Ralitsa Vassileva speaks with Daniel Harrison of TheStreet.com, about the latest OPEC developments.

OPEC to discuss soaring oil pricesupdated: Fri Nov 16 2007 06:50:00

OPEC ministers are in Riyadh, Saudi Arabia this weekend to discuss the soaring price of oil on the world market.

This week: Turning up the taps?updated: Fri Nov 16 2007 05:23:00

Will they or won't they? With oil prices heading towards $100 a barrel, the pressure's on OPEC (Organization of the Petroleum Exporting Countries) to raise global oil output.

CNNMoney: Crude retreats after last week's rallyupdated: Mon Nov 12 2007 16:12:00

Oil prices fell over $2 Monday, retreating further from the $100 mark, after a minister from the Organization of Petroleum Exporting Countries indicated the cartel may increase production.

CNNMoney: Oil hits new record over $90updated: Thu Oct 25 2007 16:22:00

Oil prices hit a record high Thursday of more than $90 a barrel after reports indicated that the Organization of Petroleum Exporting Countries has no plans to increase production.

Fortune: Think oil can't go higher? Think againupdated: Wed Oct 10 2007 05:45:00

Crude oil prices hit a series of record highs in the past month, topping $83 a barrel - and that was after OPEC announced it would increase production by 500,000 barrels a day. The sharp spike went against post-Labor Day tradition, when the end of a gas-guzzling summer usually brings lower prices, and refineries head into their fall maintenance schedule.

CNNMoney: Oil hits new high above $81 a barrelupdated: Mon Sep 17 2007 23:24:00

Oil futures retreated from record highs set overnight as traders awaited the Federal Reserve's decision on interest rates and the government's report on crude oil and gasoline inventories.

CNNMoney: OPEC expects big growth in demandupdated: Fri Sep 14 2007 00:17:00

In a monthly oil market report released Friday, the Organization of Petroleum Exporting Countries (OPEC) left its outlook for world oil demand growth this year largely unchanged at 1.3 million barrels per day or 1.5 percent above last year.

CNNMoney: OPEC agrees to boost oil outputupdated: Thu Sep 13 2007 05:25:00

OPEC agreed late Tuesday to boost its crude output by 500,000 barrels a day in an effort to calm markets roiled by high oil prices and worried that supplies could grow tight by the end of the year.

CNNMoney: Mexico pipeline explosionupdated: Thu Sep 13 2007 05:25:00

Mexico pipeline explosion

CNNMoney: Oil tops $80 a barrel, an all-time highupdated: Wed Sep 12 2007 05:22:00

Oil prices hit a fresh intraday record high Wednesday, passing $80 a barrel for the first time ever, after the government said supplies of crude oil fell far more than expected.

CNNMoney: Oil surges to new all-time highupdated: Tue Sep 11 2007 22:08:00

Oil prices surged to a new all-time intraday high Wednesday after finishing at a record close in the previous session on supply worries.

CNNMoney: OPEC mulls modest production increaseupdated: Tue Sep 11 2007 05:54:00

OPEC was deciding Tuesday whether to maintain its production quota or give it a modest and symbolic boost to calm oil markets worried that there may not be enough crude to meet global demand by year's end.

CNNMoney: Oil prices hit all-time highupdated: Tue Sep 11 2007 03:52:00

Oil prices rose to a new record settlement price Tuesday as traders turned their attention to Wednesday's government inventory report expected to show tight supplies and shrugged off OPEC's decision to boost output.

CNNMoney: OPEC members: Plenty of oil to go aroundupdated: Mon Sep 10 2007 06:17:00

Iran's acting oil minister said Monday he's convinced there are ample supplies of crude on world markets, joining Kuwait and Libya in signaling that OPEC will maintain its current output targets at this week's meeting.

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