MOSCOW, December 1. /TASS/. Iraq and Kazakhstan are expected to continue to compensate for excess oil production in December under the OPEC+ agreements and reduce production by a total of 164,000 ...
Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...
Crude oil futures fell as ceasefire boosts Middle East peace prospects. OPEC+ postpones meeting, faces production dilemma.
Meanwhile, the latest data from the Energy Information Administration showed U.S. crude oil stockpiles fell by 1.8 million last week, while gasoline inventories rose by 3.3 million barrels against ...
Oil prices were lower in European and headed for weekly losses of around 3% as traders monitor developments in the Middle East and await OPEC+’s policy decision next Thursday.
Oil prices could stall in 2025 as economic weakness in China clouds the demand picture and ample global supplies outweigh support from an expected delay to a planned OPEC+ output hike, a Reuters ...
The OPEC+ alliance of oil-producing countries has postponed its next meeting on output policy to Dec. 5 from Dec. 1 to avoid ...
Crude oil prices are poised to face bearish pressures in the short term as geopolitical risks ease and demand concerns linger ...
Expected production increases next year will likely keep oil prices under pressure over 12 months, potentially taking Brent crude below $70 a barrel, Lombard Odier said.
We think the best strategy is a delay in unwinding, perhaps even well beyond the end of Q1', Standard Chartered analysts said ...
The OPEC+ alliance of major oil-producing nations has postponed a weekend meeting to December 5 in what analysts said were ...
The fraught outlook for OPEC+ comes even before oil markets absorb the impact of a second term for Trump, who has promised ...