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Opec cartel to extend cuts to oil output in bid to prop up prices
Daily Telegraph· 5 days agoSaudi Arabia and Russia are driving efforts as they seek to bolster their balance sheets
U.S. gas prices not any higher after extended OPEC+ supply cuts - Marketplace
Marketplace· 3 days agoOPEC+, the petroleum-producing cartel including Russia, met over the weekend and announced that it...
Oil prices rise on rate cut cheer, OPEC+ soothes oversupply fears
StreetInsider· 2 hours agoInvesting.com-- Oil prices rose in Asian trade on Friday, extending a mid-week rebound after OPEC+ members sought to reassure markets over potential supply increases, while ...
OPEC Agrees to Production Cuts That Could Boost Gas Prices Well Into Final Months of Presidential...
The New York Sun· 5 days agoSaudi Arabia and allied oil producing countries on Sunday extended output cuts through next year, a...
OPEC+ decision to increase oil supply is a 'bearish surprise' for the market, Goldman says
CNBC· 3 days agoThe detailed plan laid out by OPEC+ over the weekend to increase oil production delivered a "bearish...
OPEC+ policy shift 'casts a bearish shadow' over oil prices for next two years, Deutsche Bank says
CNBC· 2 days agoThe decision by OPEC+ to increase oil production will cast a "bearish shadow" over oil prices for...
OPEC+ decision on production cuts may be ‘incremental negative’ for oil prices
Market Watch· 5 days agoOPEC+ agreed to extend through the end of 2025 longstanding curbs totaling 3.66 million barrels a...
Oil Prices Set for Third Weekly Loss in a Row
Oilprice.com via Yahoo Finance· 12 hours agoOPEC+'s potential supply increases have sent oil prices tumbling, with experts divided on the impact and central banks' rate decisions adding to market uncertainty.
Oil price slumps by 4pc despite Opec cuts
The Telegraph via Yahoo Finance· 4 days 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...
Oil cartel delivers bad news for Biden ahead of US elections
BizPac Review· 4 days 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, […]