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OPEC’s Surprise Output Hike Offers Biden Break on Gas Prices
Bloomberg via Yahoo News· 3 days ago(Bloomberg) -- US President Joe Biden may have just received a timely election boost from an...
Oil Set for Weekly Loss After OPEC+ Supply Plan Rattles Market
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- An unexpected plan by OPEC+ to return some supply this year has put oil on track for...
Oil holds ground on OPEC+ reassurances but set for third weekly loss
StreetInsider· 59 minutes agoSingapore (Reuters) -Oil prices ticked higher on Friday, as reassurance from OPEC+ members Saudi Arabia and Russia indicated readiness to pause or reverse output agreements ...
What Does OPEC’s Strategy Shift Mean for the Oil Market?
Oilprice.com via Yahoo Finance· 2 days agoOPEC+ changes course, announcing plans to gradually increase oil production in the coming years,...
OPEC+ extends oil output cuts into 2025
CNN Business via Yahoo Finance· 4 days agoThe Organization of the Petroleum Exporting Countries and its allies — a group of leading oil producers known as OPEC+ — agreed Sunday to extend...
OPEC agrees to keep oil production cut, likely maintaining high prices through November election
FOX Business· 4 days agoThe OPEC+ alliance has agreed to extend output cuts through next year, likely keeping prices high...
Oil Rises as OPEC Ministers Reiterate Output Path May Be Changed
Bloomberg via Yahoo Finance· 14 hours ago(Bloomberg) -- Oil gained for a second session as expectations waned that OPEC and its allies will...
OPEC+ Ministers Reject Bearish Reaction to Output Increase
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- OPEC+ ministers rejected oil’s bearish reaction to its decision to gradually boost...
OPEC+ could tweak oil pact if needed, ministers say
Reuters· 21 hours agoOPEC+ could tweak its latest oil output agreement which calls for some output cuts to be reversed later this year if needed to support the market, top ...
Oil Prices Set for Third Weekly Loss in a Row
Oilprice.com via Yahoo Finance· 3 hours agoOPEC+'s potential supply increases have sent oil prices tumbling, with experts divided on the impact and central banks' rate decisions adding to market uncertainty.