OPEC extends oil output cuts through end of Dec.

‘Too much doom and gloom': OPEC chief is bullish on oil demand despite extended production cuts
The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply.
OPEC extends oil output cuts through the end of December
No reason was given for the move, which comes ahead of the U.S. presidential election on Tuesday. In June, OPEC said 2.2 million barrels a day in voluntary cuts were extended until September but would then be gradually reduced month by month until they are ...
Ticker: OPEC extends oil output cuts; Feds end Ford engine probe
The U.S. government’s auto safety regulator has ended a 2 1/2-year investigation into Ford engine failures after the company replaced engines or extended the warranty on some vehicles.
OPEC’s Oil Output Recovers After Libya Resolves Political Crisis
OPEC’s oil production rose last month as Libya restored output that was halted during a brief political crisis.
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas Intermediate crude oil.
OPEC oil output rises in October as Libyan supply rebounds, survey finds
OPEC oil output rebounded in October from its lowest this year the previous month as Libya resolved a political crisis, a Reuters survey found, although a further Iraqi effort to meet its cuts pledged to the wider OPEC+ alliance limited the gain.
OPEC Extends Its Oil Output Cuts by One Month Until the End of December
Saudi Arabia and allied oil producing countries say they will postpone a plan to gradually increase oil output until the end of the year
Eight OPEC+ members extend oil supply cuts until year end
Eight members of the OPEC+ group of oil-producing nations said on Sunday they were extending supply cuts until the end of December. The move is aimed at boosting oil prices amid uncertain demand and accelerating supply,
Shale Turns Up Heat on OPEC as Big Oil Opens Its US Taps
US shale producers are turning up the heat on OPEC again — but this time the cartel’s adversaries aren’t a bunch of ...
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OPEC postpones plans to increase production — again
Yet again, OPEC has postponed plans to increase oil production until at least the end of the year. That drove oil futures ...
OPEC+ production hike delay may signal oil price concerns, analysts say
Oil futures posted strong gains Monday after OPEC and its allies delayed plans to start unwinding production cuts by ...
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...
Nymex Overview: Petroleum Futures Back Off Early Gains Following OPEC Delay -- OPIS
While the announcement sent West Texas Intermediate futures to as high as $71.81/bbl and pushed Brent above $75.40/bbl, contracts over the last hour of the morning backed off some of the early gains ...
Halliburton Is A Macro Barometer
Halliburton's global business is solid, but risks from OPEC+ and US slowdown may impact margins. Learn why HAL stock could ...
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Tanker rates slide as Opec agrees on second straight delay
Charterers were also able to grab the upper hand in the suezmax market, pushing down average earnings 3% to $44,795 per day, ...
Crude Oil Prices18h
Aramco and ADNOC Look To Seize More Market Share in Asia
Saudi oil giant Aramco and Abu Dhabi’s ADNOC plan to expand their downstream businesses, especially in Asia, to lock in ...