Saudi Oil Minister Doesn't See OPEC Deal on Wednesday - Bloomberg
- Dollar lower, stocks flat as caution creeps in ahead of Trump inauguration
- General Electric (GE) Reports In-Line Q4 EPS
- Procter & Gamble (PG) Tops Q2 EPS by 2c
- IBM (IBM) Tops Q4 EPS by 13c, FY17 EPS Guidance Beats Consensus
- American Express (AXP) Misses Q4 EPS by 7c, FY17 EPS Guidance Tops Views at Mid-Poinit
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
(Updated - September 27, 2016 2:13 PM EDT)
(Updated - September 27, 2016 2:05; 2:11 PM EDT)
Saudi Oil Minister Al-Falih, speaking in Algiers, said he doesn't see an OPEC deal on Wednesday, according to Bloomberg headlines. He sees an OPEC freeze deal possible at the November meeting. It's possible a deal may make exception for some members, with Iran, Libya, and Nigeria allowed maximum output.
Al-Falih added that the oil market is healthy and the worst of the downturn is "behind us."
A bilateral meeting with Russia is planned in October.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- UPDATE: Weekly Crude Inventory Increases by 2.3M Barrels, Says EIA
- CPI (Dec. MoM) 0.3% vs 0.3% Expected; Ex-food and Energy 0.2% vs 0.2%
- OPEC chief sees oil stocks declining as cuts take effect
Create E-mail Alert Related CategoriesCommodities, ETFs, Trader Talk
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!