OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a ...
Output for August 2024 was revised higher by 4 kb/d and September 2024 output was revised higher by 25 kb/d compared to last ...
OPEC+ has repeatedly stepped in to cut production and prop up prices when they start to fall below $70 per barrel. But as the ...
Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...
The Organization of the Petroleum Exporting Countries pumped 26.51 million barrels per day (bpd) last month, up 180,000 bpd ...
OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had shuttered ...
John Driscoll of JTD Energy Services says that the OPEC+ meeting delay is likely due to some "internal skirmishing and ...
Venezuela's oil exports jumped last month on higher sales to its mainstay Asia customers, and approached 1 million barrels ...
While OPEC has postponed production increases originally planned for October and December, the potential for a January supply hike remains. Macquarie noted it “would be surprised to see OPEC announce ...
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OPEC+ Has Painted Itself into a Corner
Will the energy cartel choose to feel the pain of lower prices now or postpone the unwinding of production cuts yet again in ...
Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ ...
Oil rose in early Asian trade. Markets were in a “wait-and-watch mode” ahead of the OPEC+ meeting this week, ANZ Research said.