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OPEC+ Outcome Appears Problematic for 2025, Macquarie Warns
Rigzone· 51 minutes agoThe latest OPEC+ outcome “supports near-term balance” but “appears problematic for 2025”, Macquarie strategists, including global energy strategists Walt Chancellor and Vikas ...
OPEC+ Supply Move Spooks Oil Traders Still Waiting for Summer
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- OPEC+’s surprise decision to return oil supply to the market later this year has...
OPEC+ decision to increase oil supply is a 'bearish surprise' for the market, Goldman says
CNBC· 1 day agoThe detailed plan laid out by OPEC+ over the weekend to increase oil production delivered a "bearish...
U.S. gas prices not any higher after extended OPEC+ supply cuts - Marketplace
Marketplace· 22 hours agoOPEC+, the petroleum-producing cartel including Russia, met over the weekend and announced that it...
Oil Prices Drop For Fifth Straight Session, Hit 4-Month Low On Growth Concerns, 'Bearish' OPEC+...
Benzinga· 13 hours agoOil prices drop for 5th day due to economic growth concerns & OPEC+ supply decision. U.S. economic...
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 is giving up on some production cuts. Is record American output the reason why?
Quartz· 20 hours agoThat additional supply has made it harder for the Organization of Petroleum Exporting Countries (...
Oil Prices Drop Further on Post-OPEC+ Supply Worries
The Wall Street Journal· 15 hours agoExxon Mobil fell 1.6%, while Occidental Petroleum was off 1.1%. Worries about increased supply have weighed on the market, especially after a weekend ...
Oil is probably setting up for a repeat of 2020 or 2014
The Forex Market· 1 day agoOil has lost 1.7% since the start of the day on Tuesday, in addition to a more than 3% drop the day...
Oil market 'oversold'? Analysts and traders pin crude's price plunge on demand, trading strategies
CNBC· 1 hour agoAn offshore oil platform is seen at sunset near Huntington Beach, California, on Feb. 9, 2024. Oil...