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OPEC, Oil prices
Oil prices dip as extended OPEC+ supply cuts highlight weak demand
Oil prices dipped on Friday, with weak demand in focus after the OPEC+ group postponed planned supply increases and extended deep output cuts to the end of 2026. Brent crude futures fell 21 cents, or 0.
Crude oil rises by most in two weeks as OPEC+ expected to extend output cuts
Crude oil futures rose on OPEC+ production cut extension expectations. Geopolitical tensions also supported gains.
Oil prices flat after OPEC+ again delays phase-out of production cuts
Oil futures were little changed Thursday morning after the Organization of the Petroleum Exporting Countries and its allies, as expected, agreed to further postpone a proposed unwinding of production cuts.
Czechia to open oil reserves
Russian Oil Supply via Druzhba Pipeline to Czech Republic Remains Halted
The flow of Russian oil to the Czech Republic through the Druzhba pipeline has been halted, raising concerns about the country's energy security.
Oil delivery to the Czech Republic from Russia through the Druhzba pipeline is interrupted
Officials say oil delivery to the Czech Republic from Russia through the Druhzba pipeline has been interrupted
Czechia to open oil reserves after Russia halts Druzhba pipeline flows
By Albin Sybera The Czech state is prepared to lend up to 330,000 barrels equivalent to Orlen's Litvinov refinery from its oil reserves in response to Russia's halt to crude flows via the Druzhba pipeline.
cnbctv18
8h
Crude oil prices remain steady after OPEC+ delays plans to restore output again
October, with bullishness from geopolitical developments in the Middle East and Ukraine countered by expectations for a glut ...
1d
on MSN
U.S. Crude Oil Stockpiles Fall More Than Expected
U.S. crude oil inventories fell more than expected last week and product stocks saw a buildup as refineries ramped up their ...
22h
on MSN
OPEC+ oil alliance faces stagnant prices for crude while US drivers enjoy cheaper gasoline
The OPEC+ alliance of oil exporting countries is deciding on whether to produce more crude as members face sluggish demand ...
Crude Oil Prices
1d
Oil Prices Tick Higher on Crude Inventory Draw
Crude oil prices rose following a surprise inventory draw reported by the EIA, but concerns about global demand persist.
2d
Russia's crude oil and LNG shipments to Asia slip slightly in 2024
Asia's imports of Russian crude oil and liquefied natural gas are set to log small declines this year and while coal had a ...
1d
Analysts See Weekly Decline in U.S. Crude-Oil Stockpiles
U.S. crude-oil inventories likely fell for a second consecutive week, while gasoline stocks are seen slightly higher as refineries increased their capacity use, according to a survey by The Wall ...
NHK
9h
OPEC+ to extend crude oil output cuts
Major
oil
producing group OPEC Plus says it will delay an additional output increase that was planned for next month. It ...
Hosted on MSN
10h
Russia and Pakistan discuss offshore oil and gas exploration and refining cooperation – report
Russia and Pakistan are reportedly exploring potential cooperation in offshore oil and gas exploration and refining, ...
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