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OPEC+ extends cuts
The Forex Market· 2 days agoOPEC+ members extended their additional voluntary supply cuts as expected, and the group also laid out plans to gradually ease these cuts from the fourth...
OPEC’s Surprise Output Hike Offers Biden Break on Gas Prices
Bloomberg· 1 day agoUS President Joe Biden may have just received a timely election boost from an unlikely source.
Oil near four-month low on OPEC+ supply outlook and US stocks
StreetInsider· 11 hours agoLONDON (Reuters) -Oil prices hovered near four-month lows on Wednesday on an expected supply boost later in the year when OPEC+ begins to unwind some output cuts, with markets ...
OPEC+ Plan to Restore Output Spurs Debate on Oil Trajectory
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- OPEC+ set out a timetable for gradually unwinding some of its oil production cuts,...
Oil Prices Drop For Fifth Straight Session, Hit 4-Month Low On Growth Concerns, 'Bearish' OPEC+...
Benzinga via Yahoo Finance· 1 day agoThis marks the lowest level since Feb. 7, 2024. The recent decline in oil prices is primarily due to...
OPEC+ extends deep oil production cuts into 2025
Nikkei Asian Review· 3 days agoOPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025, exceeding expectations, as the group seeks to shore up the market amid...
Oil drops more than $1/bbl as OPEC+ decision spotlights shaky demand
MSN News· 1 day agoBy Erwin Seba HOUSTON (Reuters) - Oil prices fell more than $1 a barrel on Tuesday on scepticism...
Oil Slumps as OPEC’s Surprise Plan to Raise Output Adds to Gloom
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Oil tumbled after OPEC+ unexpectedly rolled out a plan to restore some production to...
JP Morgan, S&P Global, Rystad Look at Latest OPEC+ Move
Rigzone.com via Yahoo Finance· 1 day agoMorgan Commodities Research team, analysts at J.P. Morgan outlined that they view OPEC+’s latest move as “market neutral for global crude oil balances and prices in 2024”.
OPEC+ Works on Output Cut Accord That May Stretch Into 2025
Bloomberg· 6 days agoOPEC+ is pressing on with informal talks aimed at finalizing an agreement on oil-output cuts this...