OPEC

OPEC+ is succeeding in driving the price of oil upwards despite the U.S. boom in shale oil production.

Mixed or flat open likely for the U.S markets Wednesday after trends in key stock index futures looked mixed in the morning.

Higher open likely for U.S markets Tuesday after top stock index futures looked up in the morning. The market cheer is spurred by an expected benign stance of Federal Reserve in not tightening interest rates.

Moderate open likely for U.S markets Thursday as key U.S. stock index futures were a bit down in the morning.

A mild open likely for the U.S stocks Wednesday as key stock index futures were down in the morning. Investor attention has moved to political and economic uncertainties across the globe.

The United States will become the world's leading oil exporter by annual output this year.

Higher opening likely for the U.S markets Monday after most U.S. stock index futures moved up in the morning, on the back of hopes of an imminent trade deal between the U.S. and China.

Mixed open likely for the U.S markets Friday as stock futures are relatively flat. At 2:35 a.m. ET, Dow futures rose just 7 points, hinting a flat open. Both S&P 500 and Nasdaq futures were barely above the flat line.

A lower open likely for the U.S markets Friday. This follows the slump in top U.S. stock index futures apparently by the weaker than expected U.S retail data.

The surge in U.S. stock index futures indicates a higher open for the market on Wednesday.

The prevailing uncertainty in the oil market abetted by OPEC production cuts, the U.S. sanctions on Venezuela oil and other factors can snowball into an energy crunch and impact oil price, warned an industry expert.

The U. S markets may open lower Friday as indicated by the slide in top U.S. stock index futures. Dow Jones Industrial Average futures fell 70 points at around 4:00 a.m. ET, indicating a negative open of more than 75 points. Futures on the S&P 500 and Nasdaq Composite were also downbeat.

A lower start is likely for U.S markets as major U.S. stock index futures were slightly down Thursday morning as investor-attention moved to corporate earnings and trade issues.

The U.S markets may have a lower opening Tuesday. This was indicated by a slight drop in the U.S. stock index futures. Dow futures slipped 24 points at around 3:20 a.m. ET, hinting negative open of more than 22 points. Both S&P and Nasdaq futures were also tad down.

Trends indicate a slower start to the U.S markets on Monday. At around 3:00 a.m. ET, Dow Jones Industrial Average futures slipped 15 points hinting a negative open of more than 36 points. Futures of the S&P and Nasdaq were also slightly downbeat.

The oil market’s two-year bull run is running into one of its biggest tests in months, facing a tidal wave of supply and growing worries about economic weakness sapping demand worldwide.

OPEC is struggling to add barrels to the market after agreeing in June to increase output, an internal document showed.

With supplies from key producers in decline, the oil market might not be able to keep up with demand.

Iran’s crude exports fell further in the first week of October, according to tanker data and an industry source, taking a major hit from U.S. sanctions and throwing a challenge to other OPEC oil producers as they seek to cover the shortfall.

Oil traders have piled into wagers that U.S. crude oil could surge to $100 a barrel by next year, a milestone that until recently many considered unthinkable due to record U.S. production growth and relatively flat global demand.

With oil prices hitting fresh four-year highs, long-dormant proposals to allow the United States to sue OPEC nations are getting a fresh look in Congress, though they were once considered a long shot to becoming law.