OPEC+ shifts meeting to Dec. 5, could delay output hike, sources say
OPEC+ is discussing postponing its oil output hike due to start in January for the first quarter of 2025, OPEC+ sources told Reuters on Thursday, and will hold further talks on this and other options ahead of its delayed policy meeting on Dec.
Opec+ delays key decision on production cuts
At the rescheduled meeting, Opec+ members are widely expected to agree an extension of both the current cuts to production quotas and the additional voluntary cuts for at least several more months. Brent, the international crude oil benchmark, was little changed on Thursday, up 0.4 per cent at $73.09 a barrel.
Opec+ delays online meet on oil production, supply curbs to Dec 5
The group is set to discuss whether to proceed with reviving supplies, beginning with an increase of 180,000 barrels a day in January
Oil up as Israel says ceasefire violated, OPEC+ delays meeting
Oil prices ticked up on Thursday, after Israel said its ceasefire with Lebanese armed group Hezbollah was violated and Israeli tanks fired on south Lebanon and OPEC+ delayed by a few days a meeting likely to extend production cuts.
OPEC+ postpones meeting on oil output to December 5
The OPEC+ alliance of major oil-producing nations has postponed a weekend meeting to December 5 in what analysts said were signs of disagreement among the group over plans to increase output. Analysts say that if OPEC nations maintain their output cuts,
OPEC+ Delays Key Oil Policy Meeting to December 5
OPEC+ postponed its meeting on oil production plans to December 5th due to scheduling conflicts, with the group expected to maintain production cuts in the new year.
OPEC+ discusses further delay to oil output hike, sources say
OPEC+ nations are discussing a further delay to a planned oil output hike that was due to start in January, two sources from the producer group said on Tuesday, ahead of Sunday's meeting to decide policy for the early months of 2025.
Nymex Overview: Oil Up on Report OPEC+ to Delay Production Increase -- OPIS
Several key OPEC+ members have started discussions to delay the oil production restart planned for January, potentially for several months, Bloomberg News reported Tuesday, citing unnamed delegates of the oil cartel.
OPEC+ Begins Talks on Delaying Oil Production Restart Again
Key OPEC+ nations have begun discussions to delay the oil production restart planned for January, potentially for several months, delegates said.
U.S. News & World Report17h
OPEC+ Postpones Output Policy Meeting to Dec 5, Sources Say
OPEC+ Postpones Output Policy Meeting to Dec 5, Sources Say (Reuters) - The OPEC+ oil alliance has postponed a meeting to ...
Crude Oil Prices13h
Oil Prices Fall Ahead of OPEC+ Meeting
Oil prices fell after a U.S. inventory report showed a gasoline stockpile increase, with traders waiting for OPEC+'s decision ...
Oil slips on buildup in US gasoline stocks; eyes on weekend OPEC+ meeting
Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investors focusing on the OPEC+ ...
OPEC+ Postpones Ministerial Meeting To December 5
( MENAFN - IANS) Vienna, Nov 28 (IANS) The Organisation of the petroleum Exporting Countries (OPEC) and its allies, a group ...
Trump’s oil-drilling plans may pose a big problem for OPEC+
OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in ...
OPEC+ production cuts may support oil prices in near term, Goldman Sachs says
Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest ...
Oil Is Largely Rangebound As Market Turns Focus to OPEC+
Oil rose after trading lower earlier in the session, remaining rangebound during reduced trading volumes due to the Thanksgiving holiday, as market watchers turn their focus to OPEC+’s next move.