OPEC+ members are currently cutting ... The decision from the alliance to delay output hikes comes despite OPEC’s robust oil-demand growth estimates. The cartel trimmed its forecast for demand ...

By Olesya Astakhova and Vladimir Soldatkin ST PETERSBURG, Russia (Reuters) -OPEC+ group of leading global oil producers could bring forward its output hikes by around a year from the initial plan, ...

Oil prices gained more than 2% after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid widespread concerns over weaker global demand and lower prices ...

LONDON/MOSCOW/DUBAI (Reuters) -OPEC+ ... (output hike) since June but they are still delaying," said Bjarne Schieldrop, chief commodities analyst at SEB. "This means there is no upside to the oil ...

OPEC+ is set to again push back its planned increase in oil output, in an effort to ... The original delay in the output hike came in October in response to falling prices. Bank analysts have ...

The decision by OPEC+ to delay its planned output hike sent oil prices climbing rapidly on Monday morning, just as its announcement of the original output hike plan sent prices falling.

"The December hike could be postponed as the market is not healthy enough," one of the sources said. The prospect of a further delay to the OPEC+ increase helped to lift oil prices by more than 2% ...

OPEC+ is discussing a possible delay to an oil output increase planned for October ... reconsidering whether to proceed with the scheduled hike of 180,000 barrels a day, according to officials ...

Despite OPEC+'s cuts and delays to output hikes, oil prices have mostly stayed in a $70-$80 per barrel range this year and on Tuesday were trading below $74 a barrel, not far above a 2024 low ...

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks to ...

The Organization of the Petroleum Exporting Countries and its allies will further push back an oil-production increase planned for January by three months amid softer prices and market concerns of ...