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Oil, OPEC
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 fall on supply glut fears despite OPEC+ output cut extension
Oil prices fell on Friday as analysts continued to forecast a supply surplus in 2025 despite the OPEC+ decision to postpone planned supply increases and extend deep output cuts to the end of 2026.
Oil posts weekly loss despite Opec+ extending voluntary output cuts
Oil posted a weekly loss as analysts projected a “significant” supply surplus in 2025, despite an Opec+ decision to extend its voluntary output cuts of 2.2 million barrels a day until the end of March next year.
Oil prices decline as OPEC+ output decision fails to offset demand concerns
Oil prices headed lower Friday and looked to post a loss for the week as a recent decision by major oil producers to postpone an unwind of crude production c
1h
on MSN
Oil prices mixed as rising Mideast tensions offset demand concerns
Oil prices were mixed in early Asia trade on Monday as concerns over weak Chinese demand were offset by rising tensions in ...
9h
on MSN
Fall of Syria’s Assad regime ignites debate on oil, gold prices
The overthrow of the Assad family’s 50-year dictatorship in Syria has investors to debate its possible effects on the
price
...
2d
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.
Crude Oil Prices
2d
U.S. Oil Rig Count Rises Despite Falling Crude Prices
U.S. oil rig count rises while crude prices fall and production reaches a record high, signaling mixed trends in the energy ...
5d
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 ...
4d
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
2d
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 ...
tbsnews
1d
Bottled soybean oil shortage hits retail markets; mill owners propose price hike
A visit to around 15 grocery stores in Kalyanpur, Hatirpool, and Moghbazar today (6 December) revealed a severe shortage of ...
2d
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.
Greek Reporter
2h
Greek Olive Oil Prices Expected To Be Lower For 2025
Greek olive oil prices have yet to solidify for 2025, Greek product expected to sell at lower prices because production in ...
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