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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...
U.S. gas prices not any higher after extended OPEC+ supply cuts - Marketplace
Marketplace· 4 days agoOPEC+, the petroleum-producing cartel including Russia, met over the weekend and announced that it...
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...
OPEC+ decision on production cuts may be ‘incremental negative’ for oil prices
Market Watch· 6 days agoOPEC+ agreed to extend through the end of 2025 longstanding curbs totaling 3.66 million barrels a...
OPEC+ Plan to Restore Output Spurs Debate on Oil Trajectory
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- OPEC+ set out a timetable for gradually unwinding some of its oil production cuts,...
Oil dips on deflated US interest rate cut expectations, OPEC+ decision
MSN News· 19 hours agoBy Nicole Jao NEW YORK (Reuters) -Oil prices edged down on Friday and posted a third straight weekly...
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...
BMI Analysts Examine the Good, the Bad, and the Ugly of OPEC+ Policy
Rigzone· 1 day agoIn a new BMI report sent to Rigzone by Fitch Group, BMI analysts examined “the good, the bad and the ugly” of OPEC+’s new policy. Looking at the “good”, BMI analysts noted ...
OPEC+ agrees to extend deep oil production cuts to 2025
Offshore Technology via Yahoo Finance· 5 days agoThe Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, have...
Oil Prices Show Weakening Demand, but Not Because of Electric Cars
Ludwig von Mises Institute· 22 hours agoThe latest OPEC meeting conclusions show that the global economy is not as strong as headlines...