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The US and other crude producers will take more oil market share from OPEC in the coming years, Bank of America says
The US and other oil-producing nations will account for the bulk of crude supply growth in 2025, Bank of America said.
Key members of OPEC+ alliance are putting off production increases amid slack crude prices
Eight members of the OPEC+ alliance of oil exporting countries have decided to put off increasing oil production as they face weaker than expected demand and competing production from non-allied countries — factors that could keep oil prices stagnant into next year.
Members of the OPEC+ oil producers' alliance postpone production increases as crude prices stagnate
Members of the OPEC+ oil producers' alliance postpone production increases as crude prices stagnate.
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 and competing production from non-allied countries, factors that could keep o
OPEC+ oil alliance makes decision on crude oil prices
The OPEC+ alliance of oil exporting countries has decided to delay plans to pump more crude for a further three months amid sluggish demand and competing production from non-allied countries - factors that could keep oil prices stagnant into next year.
OPEC+ oil alliance decides to postpone production increases amid stagnant crude prices
The OPEC+ members decided at an online meeting to postpone by three months production increases that had been scheduled to take effect Jan. 1.
15h
Oil set for weekly loss on surplus fears despite OPEC+ cut extensions
Oil prices fell on Friday as analysts continued to forecast a supply surplus in 2025 despite the OPEC+ decision to postpone ...
Crude Oil Prices
11h
Is Oil’s Gloom Overblown? Barclays Thinks So
Barclays believes the oil market is overly pessimistic about 2025, predicting tighter supply and potentially higher prices ...
2d
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 ...
16h
Russian Flows of Crude via Druzhba Into Czech Republic Restart
The flow of Russian crude oil via the Druzhba pipeline into the Czech Republic has restarted, according to Orlen SA, a ...
Crude Oil Prices
12h
China and OPEC+ Provide Support for Oil Prices
Crude oil prices find support from OPEC+ production cuts and China’s economic recovery, but geopolitical tensions, demand ...
10h
Crude Oil Price Outlook – Crude Oil Continues to Trade in a Range
The crude oil markets that I follow here at FX Empire are both doing the same thing, which is to say they are testing the lower end of the range that they have been in for some time. At the end of the ...
3d
on MSN
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.
3d
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 ...
cnbctv18
1d
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 ...
Daily Post Nigeria on MSN
11h
Fisayo Soyombo: You don’t need to borrow, we have crude oil – Adeyanju to Tinubu
Human rights lawyer and activist, Deji Adeyanju, on Friday urged President Bola Tinubu's administration to curb illegal crude ...
Hosted on MSN
5h
Crude Prices Weighed Down by a Stronger Dollar and Oversupply Concerns
Friday closed down -1.10 (-1.61%), and January RBOB gasoline (RBF25) closed down -0.0263 (-1.36%). Crude oil and gasoline ...
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