OPEC+ Delays Online Meeting on Supply to Dec. 5, Delegates Say
OPEC+ confirmed it will delay Sunday’s online meeting on oil production curbs to Dec. 5. OPEC’s secretariat said that the delay — first reported by Bloomberg News — was because several ministers will attend the meeting of the Gulf Cooperation Council in Kuwait on Dec. 1.
Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...
Oil prices could stall in 2025 as economic weakness in China clouds the demand picture and ample global supplies outweigh ...
OPEC+ has been withholding 2.2 million barrels of oil supply daily for well over a year now—and it might have to start thinking about these cuts as a long-term policy ...
OPEC's hands are tied as the cartel will look to navigate indecision within the group to extend production cuts beyond 2024.
The OPEC+ alliance of oil-producing countries has postponed its next meeting on output policy to Dec. 5 from Dec. 1 to avoid ...
The OPEC+ oil alliance has postponed a meeting to decide the next steps of its crude production strategy to Dec. 5, two ...
When OPEC+ ministers meet this weekend, they confront the unpalatable choice: continue to curb oil-supplies well into 2025, ...
OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, ...
The OPEC+ alliance of major oil-producing nations has postponed a weekend meeting to December 5 in what analysts said were ...
Crude oil prices are poised to face bearish pressures in the short term as geopolitical risks ease and demand concerns linger ...
Oil futures were higher in early trade but lower on the week as some risk premium was taken out of the market with the ceasefire between Israel and Hezbollah.
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