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OPEC+ oil supply cuts extended to end-Mar.
Oil prices end at their lowest in 3 weeks after OPEC+ fails to allay supply worries
Oil futures fell Friday and were on track for weekly losses a day after a decision by the Organization of the Petroleum Exporting Countries and its allies to further postpone a planned reversal of production cuts failed to soothe fears of a crude surplus.
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.
OPEC+ oil supply cuts extended to end-March
Several OPEC+ countries, including Saudi Arabia and Russia, agreed Thursday to extend oil supply cuts for three months through March to avoid a sharp drop in prices in a global market awash in crude.
12h
on MSN
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.
3d
Oil headed to $65 per barrel in 2025 amid ample supply, BofA says
Wall Street analysts are forecasting a bearish market for oil next year as the world's electrification shift progresses and ...
2d
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 ...
18h
Saudi Arabia Is Losing Its Iron Grip on Global Oil Markets
Rising U.S. production and internal OPEC+ pressure limit the kingdom’s sway over prices. Trump is a new wild card.
3d
Most Gulf markets gain as oil prices rise
Most stock markets in the Gulf were up in early trading on Tuesday as oil prices rose, while escalating tensions in the ...
4d
Oil steady, traders hopeful on China demand but worried about Fed
Oil prices rose on Monday, supported by strong factory activity in China, the world's second-largest oil consumer, and ...
cnbctv18
12h
NSWS for sugar production to integrate with GSTN before 2025, edible oil prices surge amid global factors
The integration aims to enhance tracking of sugar production, ethanol diversion, and sales, while curbing malpractices such ...
3d
Major Gulf equities track higher oil prices; Qatar flat
Major Gulf stock markets ended higher on Tuesday, fueled by rising oil prices, as investors bet on OPEC+ extending its ...
1d
on MSN
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 ...
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