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Press Releases

Oil has become a 'very political tool': Bank of Singapore

Gareth Nicholson of Bank of Singapore says "a lot of the blame" for movements in the oil market needs to be put on the U.S. because Washington put pressure on OPEC countries to keep production levels up.

Source: CNBC.com

Strong oil production drove prices down: S&P Global Platts

Jeff Mower of S&P Global Platts says the oil market could continue to be supported, in part due to the fact that Iranian production is expected to decline.

Source: CNBC.com

Worst in crude oil is over, says MBF Clearing Corporation CEO

Mark Fisher of MBF Clearing Corporation joins 'Squawk Box' to discuss the crude oil bear market.

Source: CNBC.com

Kilduff: Skeptical about OPEC proposal to cut output

John Kilduff of Again Capital discusses the steep slide in oil prices, and whether a proposed plan by OPEC and other producers to cut output can stem the decline.

Source: CNBC.com

Saudi Arabia will be the swing oil supplier in OPEC and the world, says expert

Matt Smith of ClipperData joins 'Squawk Box' to discuss the plunge of crude oil prices.

Source: CNBC.com

Markets set for slightly higher open amid oil volatility

Oil rebounds from losses on Tuesday following a report that OPEC and other producers plan to cut output. CNBC's Kate Rogers reports.

Source: CNBC.com

OPEC says it will do whatever it takes to return balance to the market in 2019

CNBC reports from the ADIPEC conference in Abu Dhabi.

Source: CNBC.com

We are living at a very moving environment, OPEC president says

Suhail Al Mazrouei, OPEC president and UAE energy minister discusses the future of oil prices.

Source: CNBC.com

OPEC Sec-Gen: We remain very focused on our principal objective

Despite U.S. President Trump's comments, Mohammed Barkindo insists the OPEC remains focused on market fundamentals.

Source: CNBC.com

The recent oil price decline is 'not surprising': Investor

Steve Goldman of Kapstream Capital discusses the price of oil in the current environment and the role of OPEC in facilitating change.

Source: CNBC.com