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Oil, OPEC
Oil prices rise as traders await OPEC+ production decision
Oil futures rose modestly Thursday morning, with the Organization of the Petroleum Exporting Countries and its allies expected to further postpone a proposed unwinding of production cuts in the face of ample global supply and shaky demand from China.
Oil prices rise with all eyes on OPEC+ supply decision
Oil prices rose on Thursday ahead of an OPEC+ meeting later in the day, with investors waiting to see what the producer group would do next on supply cuts while also monitoring tension in the Middle East.
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+.
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude inventory drop of more than 5 million barrels.
Oil prices edge up ahead of imminent OPEC+ decision; geopolitical turmoil in focus
Oil prices rose slightly on Wednesday, with traders expecting OPEC+ to announce an extension to supply cuts this week while heightened geopolitical tensions continue to dominate market sentiment. Brent crude futures rose 38 cents,
Will OPEC+ Maintain Oil Production Cuts? Let's Find Out
Oil prices surged on Tuesday, driven by heightened market speculation that OPEC+ will prolong its existing production cuts. The alliance, which manages roughly half of the world’s oil supply, is deliberating on extending these cuts through the first quarter of 2025,
1h
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 ...
1d
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 ...
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