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Oil prices little changed
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.
Oil prices little changed after OPEC+ members delay production increase until April
Eight OPEC+ members will keep production cuts of 2.2 million barrels per day in place until April 2025, two delegate sources told CNBC. The cuts were originally supposed to start phasing out in December.
OPEC+ to delay oil output hike until April, source says
OPEC+ has agreed to delay its plan to raise oil output until April 2025, an OPEC+ source told Reuters while its meeting was underway, to provide additional support for the oil market.
1h
on MSN
OPEC+ Delays Oil Output Hike Once Again
The Organization of the Petroleum Exporting Countries and its allies will further push back an oil production increase ...
13h
on MSN
Oil Slightly Firmer Ahead of OPEC+ Supply Decision
The Organization of the Petroleum Exporting Countries and its allies in OPEC+ are likely to extend their latest round of oil ...
1d
on MSN
Oil Seen Below $60 by Middle of New Trump Term, Survey Shows
Banks are gearing up for US oil prices to fall below $60 a barrel by the middle of President-elect Donald Trump’s new term in ...
19h
on MSN
North Dakota governor charts his path to Interior with a rosy state oil and gas outlook
President-elect Donald Trump has given his choice for Interior secretary a mandate to “Drill baby drill,” and on Wednesday ...
8h
Tullow Oil CEO Rahul Dhir to step down
West Africa-focused Tullow Oil said on Thursday Chief Executive Officer Rahul Dhir will step down and also resign from the ...
Opinion
4h
Opinion
Gov. Shapiro fast-tracks oil refinery redevelopment and impacted residents call for City Council hearings
City Council cannot afford to ignore major red flags surrounding the largest redevelopment in Philly’s history — including ...
1h
on MSN
Shell, Equinor announce joint venture to become Britain's largest independent oil, gas venture
Petroleum giant Shell announced a plan to create a jointly owned energy company with Norway's Equinor on Thursday to build ...
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