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    • Oil price slumps by 4pc despite Opec cuts

      Oil price slumps by 4pc despite Opec cuts

      The Telegraph via Yahoo Finance· 2 hours ago

      He blamed this on the group’s decision to return supply despite a recent surprise increase to inventories. UBS strategist Giovanni Staunovo said...

    • OPEC+ extends oil output cuts into 2025

      Reuters· 9 hours ago

      "While OPEC+ extended all three layers of production cuts, we see the meeting as bearish because 8 OPEC+ countries already signalled to gradually phase out the 2.2mb/d of extra voluntary cuts ...