Futures rose as much as 0.8 percent, trading in a 71 cent-range in NY. U.S. West Texas Intermediate (WTI) crude futures edged down 0.17% to $47.99 a barrel.
Gold is retreating as the safe-haven demand fades. Brent, the global benchmark, rose 45 cents, or 0.84%, to $54.29 a barrel. The deal, reached in late 2016, initially called for a six month period, which later was extended with another nine months until the end of March 2018.
Crude oil prices fell in Asia on Tuesday with industry estimates of USA inventories expected to show a leap as stocks build from Gulf Coast refinery shutdowns in the wake of Hurricane Harvey.
The report from OPEC also highlighted that production outside the group fell in August, driven by disruptions in the USA after Hurricane Harvey rampaged through the oil producing regions in Texas and Louisiana.
Saudi Arabia's Energy Minister Khalid al-Falih met his Venezuelan and Kazakh counterparts at the weekend to discuss an extension of a deal to cut production by about 1.8 million bpd until March 2018 by at least three months, the Saudi energy ministry said.
At least 18 Egyptian police killed in attack on Sinai convoy
Earlier on Sunday, Egypt's official MENA news agency said nine militants were killed and five policemen injured in the raid. At least 26 Egyptian soldiers were killed or wounded on July 7, 2017, in attacks on checkpoints in the Sinai Peninsula .
David Johnson gets up slowly after hit in red zone
The Lions defense would come through again in the second quarter when safety Glover Quin intercepted another Palmer overthrow. Stafford finished the day completing 29 of his 41 passes for 291 yards, four touchdowns and one interception.
In May this year, OPEC producers and 11 participating non-OPEC countries including Russian Federation formally ratified the agreement first drafted last November to cut supplies by 1.76 million barrels per day for an extension.
The largest refinery in the United States, in Port Arthur Texas, was running at reduced rates, sources toldReuters.
Six analysts polled ahead of inventory reports from industry group the American Petroleum Institute (API) and the U.S. Department of Energy's Energy Information Administration (EIA) estimated, on average, that crude stocks likely rose 2.3 million barrels in the week ended September 8. The industry-funded American Petroleum Institute will release its inventory data on Tuesday.
The deal agreed late past year helped to keep prices as high as $58 a barrel in January, but they have since sagged as global stocks have not fallen as quickly as expected.
However, Goldman said its prediction for increased fuel demand could be upset if Hurricane Irma were to make landfall in Florida where it would not be felt so much on the sparse oil infrastructure than on fuel demand.
They showed they are no pushovers last season when they knocked Athletic Club Bilbao out of the last 32 of the Europa League. The Catalan giants now top the La Liga table, having won all three of their opening league fixtures under their new coach.
It comes with a new improved keyboard which according to Xiaomi President, Lin Bin, would provide an enhance typing experience. A new cooling design that is symmetrical which allows 2x inbound airflow and 40% improved outbound air flow than competitors.
A series of court decisions since then have said that order must include people with grandparents and cousins in this country. Under the terms of Trump's order, the 90-day travel ban would end before the arguments even happen - on September 27.
All of Disney's resorts, except for the Fort Wilderness Campground and Saratoga Springs Treehouse Villas reopened Tuesday as well. Walt Disney World has announced that it will reopen on September 12, with the hurricane now downgraded to a tropical depression.
Kuwait is a staunch American ally trying to mediate a festering diplomatic crisis involving Qatar and its Arab neighbors. Even Trump himself pointed this out in a tweet during the conflict's early days.
China is the world's biggest cryptocurrency market , hence the ban on cryptocurrency exchanges and ICOs comes as a shock. China is home to vast and lucrative cryptocurrency mining operations for both Bitcoin, Ethereum , and other cryptocoins.
Hundreds of angry parents staged a protest outside the school for a CBI probe into the murder of a seven-year-old school boy. The horrifying event caused ripples across social media and among the parents, who protested the school's lack of security.
The owner of the world's largest search engine said it filed its appeal on Monday at the EU's General Court, based in Luxembourg. The first relates to Android, its operating system on a smartphone, and the second AdSense, its advertising network.
The Pacific Tsunami Warning Center reported waves of 3.3 feet (1 meter) above the tide level off Salina Cruz, Mexico . Smaller tsunami waves were observed on the coast or measured by ocean gauges in several other places.
Longer-Term View Adds Context to Census Poverty Data
Of those with coverage previous year , just over two-thirds of Americans had private insurance, mostly from their employers. And the proportion of Americans without health insurance declined to 8.8 percent, the report showed, down from 9.1 percent.
Compass Group plc (CPG) Shares Down 0
In terms of moving averages, the 200-day is now at 245.10, the 50-day is 287.58, and the 7-day is resting at 267.37. The stock of Hargreaves Lansdown PLC (LON:HL) earned "Underweight" rating by JP Morgan on Friday, October 14.
Sissoko ready to fly with Spurs
There's reason to think that Sissoko is due for an uptick in performance this year, if you subscribe to the Pochettino Year theory.
Miss America Gets Political With Brutal Trump Takedowns
Over the four-night competition, the women were judged based on evening wear, fitness, lifestyle, talent and interview categories. She said there wasn't enough evidence but if the campaign proves to be guilty, the Justice Department should punish accordingly.
Harvey impact still being felt at gas pumps
As almost 7 million Florida residents flee the path of Hurricane Irma, gas is in short supply and prices have risen sharply. Success! An email has been sent with a link to confirm list signup.
Do right, Congress, and make Dreamers legal
Some Republican congressmen realize the Dreamers' special status - House Speaker Paul Ryan was among those who wanted Mr. Basi said there are fewer than 10 DACA students attending MU. "That's 214 per hour, if we work all night long".
Mexico quake death toll reaches 90
The 8.1 quake off the southern Pacific coast just before midnight Thursday toppled hundreds of buildings in several states. The death toll in the massive quake in Mexico has risen to at least five people, including two children in Tabasco state.