OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a ...
Crude oil futures rose on OPEC+ production cut extension expectations. Geopolitical tensions also supported gains.
Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...
Crude-oil futures were up by about $2 on a weaker dollar and expectations OPEC members and allied producers will again extend production cuts to support prices when they meet on Thursday. The Nymex ...
Oil prices are currently stable, but OPEC+ is likely to extend oil output cuts into Q1 2025 due to weaker global demand.
OPEC+ faces a dilemma: easing production cuts risks further price drops below $70 per barrel, but maintaining cuts supports ...
OPEC's hands are tied as the cartel will look to navigate indecision within the group to extend production cuts beyond 2024.
OPEC+ is likely at its meeting on Thursday to extend its latest round of oil output cuts until the end of the first quarter, four OPEC+ sources told Reuters, to provide additional support for the oil ...
OPEC+ will have little room to manoeuvre on oil policy when it meets in December: it would be risky to increase output ...
OPEC and allies are expected to extend its voluntary production cuts beyond December, analysts at UBS were quoted in a report ...
Stay updated on the latest oil market news. Find out how the outcome of the upcoming OPEC+ meeting could impact crude oil ...
OPEC will likely remain committed to production curbs for yet another month, the energy minister of Azerbaijan told Reuters ahead of the group’s Sunday meeting. “OPEC+ could or couldn't discuss oil ...