Oil prices fell sharply on Wednesday after OPEC said it now expects the global market to be balanced in 2026, abandoning its ...
Oil prices fell more than $2 a barrel on Wednesday, weighed down by an OPEC report saying global oil supply will match demand ...
Oil prices tumbled over 2.5% as new projections from OPEC and the IEA indicated a more balanced, softer market outlook and political uncertainty in Washington dampened near-term consumption forecasts.
OPEC output cut - Read all the latest news headline updates on OPEC output cut. Get all the OPEC output cut breaking news updates, videos, photostories and more at Business Standard.
OPEC's oil output rose further in October after an OPEC+ agreement to raise production, a Reuters survey found on Tuesday, ...
Oil prices extended losses in afternoon trading, pressured by mounting concerns of an oversupplied market after OPEC+ forecast higher supply from rival producers.
LONDON (Reuters) -An OPEC+ panel stressed the need for achieving full compliance with oil output agreements and extra output cuts that some members are required to make to compensate for earlier ...
WTI oil shed more than 3% on Monday after a complex OPEC+ decision on Sunday left the door open for voluntary cuts to be gradually unwound. Monitor this crucial chart range.
Oil prices settled marginally lower on Monday as OPEC's plans to increase oil output once again outweighed hopes of a trade deal framework between the U.S. and China and renewed U.S. sanctions on ...
KUWAIT (Reuters) -OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after the United States imposed new sanctions on Russian oil ...
Brent crude climbed above USD 65 a barrel, its longest stretch of gains since late September, while West Texas Intermediate ...