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OPEC+ decision to increase oil supply is a 'bearish surprise' for the market, Goldman says
CNBC· 29 minutes agoThe detailed plan laid out by OPEC+ over the weekend to increase oil production delivered a "bearish surprise" to a market where prices were already under downward pressure ...
Oil prices slide to 4-mth low on demand fears, OPEC production outlook
Investing.com· 5 hours agoInvesting.com-- Oil prices fell to a four-month low in Asian trade on Tuesday, extending losses...
OPEC+ decision to scale back cuts “problematic for 2025”- Macquarie By Investing.com
Investing.com· 5 hours agoThe OPEC+ said it will maintain production cuts of 3.6 million barrels per day (bpd) until the end...
OPEC+ Extends Supply Cuts Amid Slack Prices | Transport Topics
Transport Topics· 21 hours agoThe OPEC+ alliance, made up of members of the producers cartel and allied countries including...
Oil cartel delivers bad news for Biden ahead of US elections
BizPac Review· 19 hours agoOPEC+ reached an internal agreement to prolong its oil production cuts, a move that could raise energy prices in the U.S. ahead of the pivotal 2024 elections, […]
Opec cartel to extend cuts to oil output in bid to prop up prices
The Telegraph via Yahoo Finance· 2 days agoSaudi Arabia and Russia have led members of the Opec cartel in extending deep production cuts to oil...
Oil price slumps by 4pc despite Opec cuts
The Telegraph via Yahoo Finance· 17 hours agoThe drop to as low as $79.35 came despite the the Opec cartel agreeing to extend its present production cuts to the end of the third quarter. Goldman...
OPEC+ Says Goodbye to Its $100-a-Barrel Oil Quest
Bloomberg· 1 day agoJavier Blas is a Bloomberg Opinion columnist covering energy and commodities. After relentlessly pursuing $100-a-barrel oil, the OPEC+ cartel has all but...
This is How OPEC's Supply Cut Decision Impacts Oil Market
Zacks via Yahoo Finance· 21 hours agoWith an extended production cut by OPEC+ expected to gradually tighten supply, we believe this is an...
OPEC+ Agrees to Extend Production Cuts in Bid to Boost Oil Prices
The Wall Street Journal· 1 day agoOPEC+ on Sunday agreed to extend all production curbs into next year, a deal that likely signals oil...