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Oil alliance OPEC+ zeroes in on group compliance after postponing output hike
The OPEC+ alliance is once more angling in on group compliance with oil output cuts, amid overproduction from heavyweight members Iraq and Kazakhstan.
OPEC+ set to go ahead with Dec oil output hike, sources say
OPEC+ is set to go ahead with a December oil output increase as its impact will be small should a plan for some members to make larger cuts to compensate for overproduction be delivered in September and later months,
OPEC+ Confirms it Has No Specific Price Target For Crude Oil
Despite recent rumors, sources within OPEC+ have confirmed there's no specific price target for crude oil, including the oft-discussed $100 per barrel
Oil Price Expected to Weaken If OPEC+ Hikes Supply
Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting from December is adding to market nervousness.
Oil Price Set to Decline Amid Rising Supply Expectations from OPEC+
The global oil market is facing increasing pressure as fears of oversupply loom large . OPEC - the alliance of the Organization of the Petroleum Exporting Countries and its allies mdash;appears ready to implement its planned output increases,
Oil prices slide 3% on prospect of more OPEC+ oil
Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world's top crude exporter, will give up its $100 price target in preparation for raising output, along with OPEC members and allies in December.
Arab Times
5h
OPEC+ halts gradual production increase amidst declining prices
Such a level will make it very hard to bring up further news regarding the low demand for oil from China, and the ongoing ...
Opinion
3d
Opinion
The Cheating Game Inside the OPEC+ Oil Cartel
OPEC+ officials love to make Hollywood film references. Need to bash renewable energy? Gone With the Wind. Attack whoever ...
1d
OPEC+ not planning any talks on oil production, says Russia
OPEC+ is not planning any immediate talks around oil production cuts or increases, according to a senior Russian Government ...
Rigzone
1d
What is Likely to Happen at Next OPEC+ Meeting in December?
A statement posted on OPEC’s website on June 2 revealed that the 38th OPEC and non-OPEC Ministerial Meeting will be held on ...
9h
on MSN
Oil reports weekly loss on OPEC+ supply bets against China’s fresh stimulus; WTI down 5%, Brent sheds 3% to $71
Oil reports weekly loss on OPEC+ supply bets against China’s fresh stimulus; WTI down 5%, Brent sheds 3% to $71 ...
Opinion
11d
Opinion
OPEC+ Faces a New Problem: A Texas Gas Pipeline
Money, Power and the Traders Who Barter the Earth’s Resources.” Eager to avoid paying record amounts to sell their gas, shale ...
1d
Natural Gas and Oil Forecast: Oil Prices Weaken as OPEC+ Cuts Ease; Eyes on $2.72 Gas Pivot
Oil prices fall as OPEC+ production increases, while natural gas tests key support at $2.72. Can markets regain momentum amid ...
2d
Putin lauds cooperation with OPEC+, BRICS
Russian President Vladimir Putin said on Thursday that the vast domestic energy sector will be able to achieve its goals and ...
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