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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 ...
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+ 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 ...
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The US is pumping more oil than ever, and it's complicating things for other crude-exporting countries
US crude production notched a new monthly record in August. That's not necessarily welcome news to other countries.
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 actions increasing volatility and hampering new investment in oil and gas, Eni CEO says
OPEC+ oil supply cuts and recent efforts to unwind them have increased volatility in energy markets and hampered investment in new production, the CEO of Italian energy company Eni said on Monday.
Nymex Overview: Petroleum Futures Back Off Early Gains Following OPEC Delay -- OPIS
Oil traders won't need to worry about additional crude supply reaching the market in December after OPEC and allied producers on Sunday said they would postpone by a month a planned Dec. 1 unwinding ...