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What Does OPEC’s Strategy Shift Mean for the Oil Market?
Oilprice.com via Yahoo Finance· 1 day agoOPEC+ changes course, announcing plans to gradually increase oil production in the coming years,...
OPEC+ policy shift 'casts a bearish shadow' over oil prices for next two years, Deutsche Bank says
CNBC· 1 day agoEight OPEC+ members led by Saudi Arabia and Russia agreed Sunday to gradually phase out 2.2 million...
OPEC+ extends deep oil production cuts into 2025
Reuters via Yahoo Finance· 5 days agoLONDON/DUBAI (Reuters) -OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid...
OPEC+ could tweak oil pact if needed, ministers say
Reuters· 8 hours agoOPEC+ could tweak its latest oil output agreement which calls for some output cuts to be reversed later this year if needed to support the market, top ...
OPEC+ decision to increase oil supply is a 'bearish surprise' for the market, Goldman says
CNBC· 2 days agoThe detailed plan laid out by OPEC+ over the weekend to increase oil production delivered a "bearish...
OPEC+ Seen Prolonging Oil Cuts in 2024 and Into 2025, Two Sources Say
US News & World Report· 5 days agoLONDON/DUBAI (Reuters) -OPEC+ will likely agree on Sunday to prolong its deep oil output cuts into 2024 and possibly 2025, two OPEC+ sources said as the ...
Oil steady as investors weigh up extended OPEC+ supply cuts By Reuters
Investing.com· 4 days agoLONDON (Reuters) -Oil prices were little changed on Monday as investors digested the complex deal...
Opec cartel to extend cuts to oil output in bid to prop up prices
The Telegraph via Yahoo Finance· 4 days agoSaudi Arabia and Russia have led members of the Opec cartel in extending deep production cuts to oil...
Oil prices gain for second day as hopes for September interest rate cut rise
CNBC· 7 hours agoCrude oil futures rose for a second day Thursday as weak jobs data has boosted investor sentiment...
JPM: Taper tantrum in oil is unnecessary
Investing.com· 15 hours agoJPMorgan strategists dismissed concerns about the so-called "taper tantrum" in the oil market, asserting that fears are “unnecessary.” The initial alarm...
