OPEC 'stuck between a rock and a hard place' as planned meeting delayed
Crude oil futures fell as ceasefire boosts Middle East peace prospects. OPEC+ postpones meeting, faces production dilemma.
OPEC+ Delays Online Meeting on Supply to Dec. 5, Delegates Say
OPEC+ confirmed it will delay Sunday’s online meeting on oil production curbs to Dec. 5. OPEC’s secretariat said that the ...
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Oil Faces Uphill Fight as Demand Woes, Oversupply Challenge OPEC Efforts: Reuters Poll
Earlier this month OPEC lowered its forecast for global oil demand growth this year and next, highlighting weakness in ...
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Opec cuts oil demand forecast again for 2024 and 2025
Opec has revised down its forecast for oil demand growth this ... China, the main driver of global oil demand growth in ...
OPEC unlikely to raise production in short term, commodity trading bosses say
OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, ...
OPEC extends oil output cuts
OPEC previously announced a cut of 1.65 million barrels a day in April 2023. In the months after Russia ... For the ...
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OPEC+ countries extend oil production cuts
"The eight OPEC+ countries Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, which previously announced additional voluntary adjustments in April and ...
The Star1y
OPEC sees prospect for healthy oil market fundamentals in second half
LONDON: OPEC on Thursday said it saw prospects for ... compared with growth of 2.44 million bpd in 2023. Both forecasts were unchanged from last month. "In 2024, solid global economic growth ...
Business Insider India2mon
High fuel prices cause OPEC to slash its forecast for oil demand growth in 2023, report says
OPEC expects oil demand growth to slow sharply in 2023 as record-high gas prices pressure the global economy, Reuters first reported. The cartel will publish its official forecast for 2023 in ...