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OPEC+ Works on Output Cut Accord That May Stretch Into 2025
Bloomberg· 5 hours agoOPEC+ is pressing on with informal talks aimed at finalizing an agreement on oil-output cuts this...
OPEC+ meeting could switch oil regime
The Forex Market· 7 hours agoOil declined for the second day in a row, reversing down from its 200-day moving average for the third time this month. An OPEC+ meeting is scheduled for...
OPEC+ discuss keeping voluntary oil cuts until year-end, sources say
Reuters· 8 hours agoOPEC+ members that are making 2.2 million barrels per day of voluntary oil output cuts are...
Senate Democrats accuse oil companies of collusion with OPEC, demand DOJ investigation
FOX Business· 2 hours agoThe letter comes after the Federal Trade Commission (FTC) gave the green light to ExxonMobil's $60...
OPEC+ working on complex oil cut extension deal for 2024-2025, sources say
Reuters· 6 hours agoOPEC+ is working on a complex deal to be agreed at its meeting on Sunday that will allow the group...
Oil storage rise supports case for keeping OPEC+ cuts, sources say
Reuters· 1 day agoRising global oil inventories through April due to soft fuel demand may strengthen the case for OPEC...
Oil up on OPEC+ meeting, summer driving season and weaker US dollar
Reuters via Yahoo Finance· 3 days agoNEW YORK (Reuters) -Oil prices gained more than $1 a barrel on Tuesday on the expectation that OPEC+...
Schumer asks DOJ to investigate FTC claim oil exec colluded with OPEC
Reuters via Yahoo Finance· 9 hours agoEarlier in May, the Federal Trade Commission gave the go-ahead to Exxon Mobil's $60 billion purchase...
Kuwait officially inaugurates Al Zour mega-refinery as it hits record capacity
Gulf Business· 15 hours agoAs a member of OPEC, Kuwait aims to boost its production capacity to 4 million bpd by 2035
Goldman Sachs unveils new crude oil market outlook
TheStreet via Yahoo Finance· 23 hours agoThe one constant with oil prices is volatility. In just the past year U.S. crude has fluctuated between $67 and $94 a barrel. In 2024 the price has...