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.
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 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 mark a weekly loss on prospect of increased supply
Oil futures finished higher on Friday to modestly pare back their weekly loss from expectations OPEC+ will boost production before year-end.
Oil prices fall as expectations of higher supplies hammer market sentiment
Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher supplies from Libya and the broader OPEC+ group of oil exporters. Brent crude futures fell 57 cents,
Oil prices drop 5% on rising OPEC supply, weak China demand
Oil prices dropped 5% this week due to rising OPEC supply and weak demand from China. Natural gas prices rose on Hurricane Helene and low storage.
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 ...
Arab Times4h
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 ...
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 ...
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 ...
Rigzone1d
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 ...
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 ...
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 ...
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 ...
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 ...