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OPEC, Oil prices
Oil prices rise ahead of OPEC+ decision this week on production cuts
Oil futures rose Tuesday morning as traders awaited a meeting of the Organization of the Petroleum Exporting Countries and its allies that’s expected to result in a further delay to the partial unwind of production cuts.
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 extend oil production cuts to support prices.
Oil prices nudge higher ahead of OPEC+ meeting
Oil prices inched down amid mixed market signals on Tuesday, with traders awaiting the outcome of an OPEC+ meeting this week.
Oil Stabilizes Ahead of OPEC Supply Meeting as Volatility Drops
Oil was little changed as traders watched for clues on OPEC ’s supply plans ahead of a key meeting this Thursday.
OPEC+ seen prolonging oil output cuts through Q1 at Thursday's meeting - report
Oil prices flat as President-elect Trump threatens to hit BRICS nations with 100% tariffs if the group backed alternatives to the dollar, adding to worries over U.S. interest rates.
Oil Steadies as OPEC Uncertainty Counters China’s Economic Gain
Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ meeting for further direction.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto,
Oil Rises as Investors Await OPEC Meeting
Oil rose in early Asian trade. Markets were in a “wait-and-watch mode” ahead of the OPEC+ meeting this week, ANZ Research said.
Oil prices rise, buoyed by upbeat China data ahead of postponed OPEC+ meeting
Oil futures rose on Monday, with upbeat manufacturing data from China lifting prospects for energy demand after a cease-fire between Israel and Iran-backed Hezbollah led to a drop in prices for the month of November.
49m
on MSN
OPEC’s Power is Waning. That’s Bad for Oil Bulls.
OPEC’s control of the oil market has been diminishing over the past year, and now it seems to have nearly vanished. That is a ...
22h
OPEC Update - November 2024
Output for August 2024 was revised higher by 4 kb/d and September 2024 output was revised higher by 25 kb/d compared to last ...
21h
OPEC Crude Output Rises as Libya’s Recovery Offsets Iraqi Curbs
OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had shuttered ...
4d
on MSN
Oil faces uphill fight as demand woes, oversupply challenge OPEC efforts: Reuters poll
Oil prices could stall in 2025 as economic weakness in China clouds the demand picture and ample global supplies outweigh ...
4h
Pronounced oil oversupply likely if OPEC raises output, Macquarie says
While OPEC has postponed production increases originally planned for October and December, the potential for a January supply hike remains. Macquarie noted it “would be surprised to see OPEC announce ...
1d
Iran’s Oil Trade With China Rattled by US Sanctions on Tankers
A broadening of US sanctions on tankers that haul Iranian crude has jammed a crucial cog of the trade, slowing the delivery ...
1d
Crude Oil awaiting OPEC+ headlines before making a move
OPEC+ is set to meet on Thursday online to discuss what to do with its production curbs for 2025.
Crude Oil Prices
5d
All Eyes on OPEC as Bearish Bias Remains Firm
Crude oil prices are poised to face bearish pressures in the short term as geopolitical risks ease and demand concerns linger ...
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