Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...
OPEC's hands are tied as the cartel will look to navigate indecision within the group to extend production cuts beyond 2024.
On the other side, traders need to look towards $67.12 – a level that held the price in May and June 2023 – to find the first support. In case that breaks, the 2024 year-to-date low emerges at $64.75, ...
The top crude-buying region is forecast to import 26.42mln bpd in November, up marginally from October's 26.11mln bpd and ...
Devon Energy fundamentals are strong, with record-breaking production and efficiency gains, particularly in the Delaware ...
The US Dollar Index bounces off support after traders took profit in their Greenback rally.
The Organization of the Petroleum Exporting Countries and its allies postponed their Sunday meeting to discuss oil production policy to Dec. 5. The group said Thursday that several ministers will be ...
The OPEC+ alliance of major oil-producing nations has postponed a weekend meeting to December 5 in what analysts said were ...
The OPEC+ oil alliance has postponed a meeting to decide the next steps of its crude production strategy to Dec. 5, two ...
OPEC+ is set to discuss whether to proceed with a planned output hike that is due to start in January, with most analysts expecting the group to further delay its plans amid market concerns over a ...
OPEC+ confirmed it will delay Sunday’s online meeting on oil production curbs to Dec. 5. OPEC’s secretariat said that the ...
European markets rebounded from two days of losses on Thursday, despite low trading volumes as the US marked the Thanksgiving holiday. The region-wide Stoxx Europe 600 closed up 0.5 per cent, with ...