Search results
OPEC+ Extends Production Cuts Into Next Year
Forbes· 7 days agoThis week OPEC+ extended production cuts into 2025, but began to ease restrictions starting in October 2024.
OPEC+ Extends Global Oil Production Cuts Into 2025
Barrons.com· 6 days agoThe decision by the Organization of the Petroleum Exporting Countries and its allies is expected to keep oil prices high through the U.S. presidential...
Oil Slumps as OPEC’s Surprise Plan to Raise Output Adds to Gloom
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- Oil tumbled after OPEC+ unexpectedly rolled out a plan to restore some production to...
Rosneft's Sechin: spare oil production capacity offsets OPEC+ efforts
Reuters· 12 hours agoIgor Sechin, CEO of Russian energy major Rosneft said on Saturday that an increase in spare oil...
OPEC+ Supply Move Spooks Oil Traders Still Waiting for Summer
Bloomberg· 3 days agoOPEC+’s surprise decision to return oil supply to the market later this year has alarmed traders of...
Oil dips on deflated US interest rate cut expectations, OPEC+ decision
MSN News· 1 day agoBy Nicole Jao NEW YORK (Reuters) -Oil prices edged down on Friday and posted a third straight weekly...
OPEC+ policy shift 'casts a bearish shadow' over oil prices for next two years, Deutsche Bank says
CNBC· 3 days agoThe decision by OPEC+ to increase oil production will cast a "bearish shadow" over oil prices for...
Why U.S. oil production isn’t a huge threat to OPEC+ market share anymore
Market Watch· 4 days ago“Two years ago at this time, OPEC+ output was 2.2 million [barrels per day] higher than it is now,”...
OPEC+ Extends Deep Oil Production Cuts into 2025
MarineLink· 5 days agoOPEC+ 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 tepid demand growth, high...
Analysts Warn Against Rationalizing Reaction to OPEC+ Meeting
Rigzone· 2 days agoIt is perhaps unwise to attempt to rationalize the market reaction to the various June 2 OPEC+...