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Oil prices climb
Oil prices inch up after OPEC+ pushes back output hike, extends cuts through 2026
Oil prices climbed slightly on Thursday after OPEC+ decided to delay planned output increase until April 2025 and extend the full unwind of production cuts by a year until the end of 2026. Brent crude was up 40 cents,
OPEC+ Braces for a Much Longer Mission to Defend Oil Prices
OPEC+ is accepting that its mission to defend oil prices will drag on much longer than expected. At an online gathering on Thursday, the group led by Saudi Arabia and Russia agreed for a third time to delay the revival of halted production,
Oil prices climb after OPEC+ again delays phase-out of production cuts
Oil futures climbed Thursday after the Organization of the Petroleum Exporting Countries and its allies, as expected, agreed to further postpone a proposed unwinding of production cuts in the face of ample global supply and shaky demand from China.
16h
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 ...
2d
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 ...
14h
Members of OPEC+ oil producers' alliance postpone production increases as crude prices stagnate
Eight members of the OPEC+ alliance of oil exporting countries have decided to put off increasing oil production as they face ...
2d
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 ...
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 ...
Crude Oil Prices
18h
Gas Prices Set for a Breakout in 2025
11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Irina is a writer for Oilprice.com with over a decade of experience writing on the
oil
and gas industry.
2d
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 ...
13h
Oil Patch in Canada Has $24 Billion Shield Against Trump Tariffs
The expansion of Canada’s Trans Mountain pipeline represented a $24 billion bid to help the country’s oil producers reduce ...
20h
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.
13d
on MSN
Oil prices settle up 1% at 2-week high as Ukraine war intensifies
Oil prices held steady on Friday, on track for a weekly rise of 5%, as the Ukraine war intensified and Chinese imports were ...
Crude Oil Prices
16h
U.S. Gas Prices Climb as Europe Scrambles for Supply
The sooner this imbalance pushes
prices
consistently higher, the better for future supply security. It normally takes a few ...
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