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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 to decide on crude prices
Oil prices have been down due to weaker than expected demand from China as well as increased production from countries such as Brazil and Argentina that are not in OPEC+. View on euronews
U.S. Crude Oil Inventories Tumble Much More Than Expected
Crude oil inventories in the U.S. fell by much more than expected in the week ended November 29th, the Energy Information
Russia’s Crude Oil Shipments Surge Ahead of OPEC+ Meeting
Russia's crude oil exports surged in the week leading up to the OPEC+ meeting, defying expectations and raising questions about the group's future production decisions.
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 capacity use.
Oil prices pare losses as EIA reports a fall in U.S. crude supplies
U.S. oil futures pared much of their losses Wednesday after the Energy Information Administration reported a bigger-than-expected decline of 5.1 million barrels in U.S. commercial crude inventories for the week ended Nov.
Weekly Crude Inventories Fall More Than Expected; Oil Prices Drop Ahead of OPEC+ Meeting
Commercial crude stockpiles in the US fell more than projected last week, government data showed, while oil prices were trading lower ahead of a policy meeting among key oil-producing nations. Inventories of crude,
1d
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.
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 ...
Crude Oil Prices
21h
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.
1h
OPEC+ Delays Revival of Its Oil Production by Three Months
OPEC+ delayed the revival of its oil production by three months, a delegate said, the third time it’s deferred the move while ...
3d
Saudi Arabia boosts crude oil share in Asia at Russia's expense
Saudi Arabia clawed back market share of Asia's crude oil imports in November, while Russia surrendered some of its barrels ...
1h
Kuwait Petroleum explores storing crude in Indian strategic reserves
India’s plan to augment strategic reserves is aimed at ensuring energy security during geopolitical tensions which tend to ...
1d
Russia’s Oil Revenues in November Took a Hit Amid Crude Slump
The Kremlin’s oil revenues in November fell from a year earlier for a second consecutive month, spurred by lower prices for ...
Hosted on MSN
15h
Crude Prices Tumble on US Energy Demand Concerns
Wednesday closed down -1.40 (-2.00%), and January RBOB gasoline (RBF25) closed down -0.0233 (-1.19%). Crude oil and gasoline ...
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