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OPEC+ extends deep oil production cuts into 2025
Nikkei Asian Review· 6 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 Remains Under Pressure Amid OPEC+ Phase out Plan, U.S. Inventory Build
The Wall Street Journal· 4 days agoOil prices edged higher but remained under pressure amid bearish sentiment in the market following ...
OPEC+ wants concrete rate cuts before factoring impact on oil demand, Saudi energy minister says
CNBC· 6 days agoThe prominent OPEC+ oil producers' alliance is awaiting concrete central bank action on interest...
Oil price slumps by 4pc despite Opec cuts
The Telegraph via Yahoo Finance· 5 days agoOil prices fell to a four-month low - AFP Oil prices have slumped nearly 4pc despite Opec production cuts amid signs that Saudi Arabia will struggle to...
Exxon Stock Drops as Oil Prices Fall. Blame OPEC.
Barrons.com· 4 days agoFEATURE Exxon stock and shares of other big oil companies were falling Tuesday as the price of crude retreated. An OPEC announcement over the weekend was...
OPEC+ extended cuts but plans to boost again in the fall
InvestmentNews· 6 days agoOPEC+ extended its production cuts as it seeks to bolster a fragile market, but also set a date to...
Oil Algorithmic Traders Amplify Crude Price Rout After OPEC’s Surprise
Bloomberg· 4 days agoOil traders that rely on trend-following algorithms compounded a selloff in crude this week as OPEC+...
OPEC+ Extends Oil Production Cuts Into 2025 By yolowire.com
Investing.com· 6 days agoIn announcing an extension of the crude oil output cuts, OPEC+ said that it is trying to shore up...
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...
Oil prices climb as OPEC+ reassures markets, ECB cuts interest rate
Reuters· 2 days agoOil prices rose on Friday, continuing to climb after OPEC+ members Saudi Arabia and Russia indicated...