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OPEC’s Surprise Output Hike Offers Biden Break on Gas Prices
Bloomberg via Yahoo News· 4 days ago(Bloomberg) -- US President Joe Biden may have just received a timely election boost from an...
How Joe Biden 'broke OPEC' and rewrote the rules for oil trading
MSNBC via Yahoo News· 1 day agoThe Organization of the Petroleum Exporting Countries, or OPEC, has had massive influence over...
OPEC agrees to keep oil production cut, likely maintaining high prices through November election
FOX Business· 6 days agoThe OPEC+ alliance has agreed to extend output cuts through next year, likely keeping prices high...
OPEC+ seen prolonging cuts in 2024 and into 2025, two sources say
WHTC 1450 Holland· 7 days agoLONDON/DUBAI (Reuters) -OPEC+ will likely prolong voluntary oil cuts into the third and possibly...
OPEC+ Plan Turns Hedge Funds Least Bullish on Crude in a Decade
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Hedge funds dumped bullish bets on Brent crude and ramped up shorts against the...
Oil prices slide to 4-mth low on demand fears, OPEC production outlook
Investing.com· 5 days agoInvesting.com-- Oil prices fell to a four-month low in Asian trade on Tuesday, extending losses...
What Does OPEC’s Strategy Shift Mean for the Oil Market?
Oilprice.com via Yahoo Finance· 3 days agoOPEC+ changes course, announcing plans to gradually increase oil production in the coming years,...
OPEC+ extends deep oil production cuts into 2025
Reuters via Yahoo Finance· 7 days agoLONDON/DUBAI (Reuters) -OPEC+ 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...
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+ decision to increase oil supply is a 'bearish surprise' for the market, Goldman says
CNBC· 4 days agoThe detailed plan laid out by OPEC+ over the weekend to increase oil production delivered a "bearish...