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,
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 ...
OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a ...
OPEC+ faces a dilemma: easing production cuts risks further price drops below $70 per barrel, but maintaining cuts supports ...
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 ...
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 ...
OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had shuttered ...
Oil prices flat as President-elect Trump threatens to hit BRICS nations with 100% tariffs if the group backed alternatives to ...
Oil prices could stall in 2025 as economic weakness in China clouds the demand picture and ample global supplies outweigh ...
A broadening of US sanctions on tankers that haul Iranian crude has jammed a crucial cog of the trade, slowing the delivery ...
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