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Oil alliance OPEC extends production agreement into 2025
NBC New York· 6 days agoThe influential Organization of the Petroleum Exporting Countries and its allies, collectively known...
OPEC+ Supply Move Spooks Oil Traders Still Waiting for Summer
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- OPEC+’s surprise decision to return oil supply to the market later this year has...
Oil alliance OPEC+ extends collective crude production cuts into 2025
CNBC· 6 days agoThe influential Organization of the Petroleum Exporting Countries and its allies, collectively known...
OPEC is giving up on some production cuts. Is record American output the reason why?
Quartz· 4 days agoThat additional supply has made it harder for the Organization of Petroleum Exporting Countries (...
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,”...
The Energy Report: OPEC and Other Oils | Investing.com
Investing.com· 2 days agoOil prices are trying to bottom, again, as OPEC Plus tries to calm the markets surrounding its oil...
Oil prices settle lower as OPEC+ extension, phase out decision stokes worry
Investing.com· 5 days agoOil prices settled sharply lower Monday, as OPEC and its allies' decision to extend output cuts into...
OPEC+ switches strategy to defend market share
Reuters· 4 days agoOil futures prices have fallen to the lowest level for four months and calendar spreads have slumped after OPEC+ ministers signalled their intention to...
OPEC+ agrees to extend voluntary output cuts into Q3'24, talks continue, sources say
StreetInsider· 6 days agoLONDON (Reuters) - OPEC+ has agrees to extend voluntary oil production cuts of 2.2 million barrels per day into the third quarter of 2024, two OPEC+ sources said on Sunday. Talks about cuts for the...
Further drop in oil prices may spark OPEC+ to walk back phasing out of cuts: Roth
StreetInsider· 2 days agoThe recent OPEC+ announcement to begin easing production curbs later this year has been blamed for the recent turmoil seen in oil prices, but one analyst believes that if ...