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 ...
Crude oil futures fell as ceasefire boosts Middle East peace prospects. OPEC+ postpones meeting, faces production dilemma.
Oil prices could stall in 2025 as economic weakness in China clouds the demand picture and ample global supplies outweigh ...
OPEC's hands are tied as the cartel will look to navigate indecision within the group to extend production cuts beyond 2024.
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, ...
Crude oil prices are poised to face bearish pressures in the short term as geopolitical risks ease and demand concerns linger ...
Crude oil prices have stabilized in recent weeks as traders gear up for a meeting of OPEC and its allies. There are signs ...
OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in ...
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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