OPEC extends oil output cuts

OPEC oil output rises in November as Libya recovers, survey finds

OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a Reuters survey found, though members making cuts pledged to the wider OPEC+ alliance kept output broadly steady.

Seeking Alpha on MSN · 6h

Crude oil rises by most in two weeks as OPEC+ expected to extend output cuts

Crude oil futures rose on OPEC+ production cut extension expectations. Geopolitical tensions also supported gains.

MarketWatch on MSN · 9h

Oil sees biggest daily gain in 2 weeks on bets OPEC+ will extend production cuts

Oil futures settled higher Tuesday, scoring their largest one-day gains in about two weeks as some traders expect the Organization of the Petroleum Exporting Countries and its allies to further delay a partial unwinding of production cuts when they meet Thursday.

Reuters on MSN · 7h

Oil rises on fears about Lebanon, further OPEC+ supply cuts

Oil prices rose more than 2% on Tuesday as Israel threatened to attack the Lebanese state if its truce with Hezbollah collapses, and as investors positioned for OPEC+ to announce an extension of supply cuts this week.

OPEC Could Extend Production Cuts To Support Oil Prices

Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...

12h

Nymex Overview: Oil Futures Up on Expectations OPEC+ Will Extend Output Cuts -- OPIS

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 ...

12h

OPEC+ Meeting In Focus: Will Oil Production Cuts Continue Through March 2025?

Oil prices are currently stable, but OPEC+ is likely to extend oil output cuts into Q1 2025 due to weaker global demand.

Crude Oil Prices6h

OPEC Secrecy Isn’t Helping Its Exit Strategy from Production Cuts

OPEC+ faces a dilemma: easing production cuts risks further price drops below $70 per barrel, but maintaining cuts supports ...

OPEC+ output cuts extended: a difficult decision amidst market uncertainty

OPEC's hands are tied as the cartel will look to navigate indecision within the group to extend production cuts beyond 2024.

OPEC+ likely to prolong oil cuts for Q1, sources say

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 ...

londonlovesbusiness.com16h

Crude oil trade sideways OPEC+ expected to extend cuts as global demand sluggish

Stay updated on the latest oil market news. Find out how the outcome of the upcoming OPEC+ meeting could impact crude oil ...

OPEC+ may extend output cuts to prevent oil glut: UBS

OPEC and allies are expected to extend its voluntary production cuts beyond December, analysts at UBS were quoted in a report ...

13d

OPEC+ may stick with deep oil cuts for longer due to weak demand

OPEC+ will have little room to manoeuvre on oil policy when it meets in December: it would be risky to increase output ...

Crude Oil Prices7d

OPEC Likely to Stick to Output Cuts for Another Month

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 ...

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