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What Does OPEC’s Strategy Shift Mean for the Oil Market?
Oilprice.com via Yahoo Finance· 22 hours 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· 17 hours agoEight OPEC+ members led by Saudi Arabia and Russia agreed Sunday to gradually phase out 2.2 million...
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· 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+ extends deep oil production cuts into 2025
Investing.com· 4 days agoBrent crude oil prices have been trading near $80 per barrel in recent days, below what many OPEC+ members need to balance their budgets. Worries over...
This Energy Bust Isn’t as Bad as It Looks
Barrons.com· 6 hours agoOPEC and its allies announced that they would keep some 3.6 million barrels of oil a day off the market until the end of next year. The market has...
OPEC+ Gets Crumbs Of Comfort From 15% Uptick In India’s Monthly Oil Demand
Forbes· 6 days agoAs crude oil trading in May reaches its conclusion and OPEC+, a select group of Russia-led oil...
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...
OPEC oil output rises in May, led by Nigeria, Iraq, survey shows
Reuters· 2 days agoOPEC oil output rose in May, a Reuters survey found on Tuesday, as higher exports from Nigeria and...
OPEC+ discuss keeping voluntary oil cuts until year-end, sources say
Reuters· 7 days agoThe Organization of the Petroleum Exporting Countries led by Saudi Arabia and allies led by Russia,...