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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+ could revise oil supply deal if needed, ministers say
Gulf Business· 3 hours agoOPEC+, is currently cutting production by about 5.7 per cent of global demand, to bolster the market
OPEC+ policy shift 'casts a bearish shadow' over oil prices for next two years, Deutsche Bank says
CNBC· 21 hours 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· 4 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+ 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...
JPM: Taper tantrum in oil is unnecessary
Investing.com· 11 hours agoJPMorgan (NYSE: JPM ) strategists dismissed concerns about the so-called "taper tantrum" in the oil market, asserting that fears are “unnecessary.” The...
Oil prices gain for second day as hopes for September interest rate cut rise
CNBC· 3 hours agoCrude oil futures rose for a second day Thursday as weak jobs data has boosted investor sentiment...
OPEC+ Seen Prolonging Oil Cuts in 2024 and Into 2025, Two Sources Say
US News & World Report· 4 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 ...
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 Below $80 Likely Points To A Market In Oversold Territory
Forbes· 11 hours agoWest Texas Intermediate hit four-month lows in the first trading week for the month. The selloff...
