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
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.
Brent Crude - Oil Prices Rise As OPEC+ Extend Output Cuts
Oil prices opened $1 dollar higher following the weekend to trade at 73.80 a barrel when markets opened. Click to read.
OPEC Plus Delays Production Increase as Crude Prices Struggle
OPEC+ agreed to push back its December production increase by one month, the second delay to its plans to revive supply as prices continue to struggle amid a fragile economic outlook.
Oil jumps nearly 3% after OPEC+ delays output hike, US election in focus
Oil prices climbed nearly 3% on Monday on OPEC+'s decision to delay plans to increase output by a month, while the market braced for a critical week in which Americans will elect a new president. Brent futures were up $2.
Oil futures jump after OPEC+ again delays production increases
Oil futures jumped Monday after members of OPEC+ — made up of the Organization of the Petroleum Exporting Countries and its allies — said they would wait yet another month before beginning to unwind 2.
Oil Gains as OPEC+ Further Delays Output Hike
Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid growing concerns about weaker global demand and lower prices.
Marketplace2d
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 ...
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 ...
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 ...
Новости Украины8d
OPEC further cuts 2024, 2025 global oil demand forecast
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OPEC’s Oil Output Recovers After Libya Resolves Political Crisis
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OPEC positive on global oil demand, sees no peak on horizon
The Organization of Petroleum Exporting Countries (OPEC) is very positive on demand for oil in both the short and long term, Secretary General Haitham Al Ghais said at an energy industry event in Abu ...
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 ...