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OPEC+ working on complex oil cut extension deal for 2024-2025, sources say
Reuters· 45 minutes agoOPEC+ is working on a complex deal to be agreed at its meeting on Sunday that will allow the group...
OPEC+ meeting could switch oil regime
The Forex Market· 2 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· 3 hours agoOPEC+ members that are making 2.2 million barrels per day of voluntary oil output cuts are...
Oil Falls Despite US Storage Drop as Traders Await OPEC+ Meeting
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Oil sank despite US data showing the biggest drop in the nation’s stockpiles in five...
OPEC+: Understanding the differences over oil production capacity?
Gulf Business· 1 day agoCapacity discussions can also be complicated by different oil price preferences among OPEC+ members
Kuwait officially inaugurates Al Zour mega-refinery as it hits record capacity
Gulf Business· 9 hours agoAs a member of OPEC, Kuwait aims to boost its production capacity to 4 million bpd by 2035
Oil prices steady before stocks and inflation data, OPEC+ meeting
Reuters· 6 hours agoOil prices were broadly steady on Thursday, ahead of U.S. crude oil stockpiles data, inflation data...
Schumer asks DOJ to investigate FTC claim oil exec colluded with OPEC
Reuters via Yahoo Finance· 4 hours agoEarlier in May, the Federal Trade Commission gave the go-ahead to Exxon Mobil's $60 billion purchase...
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...
Schumer, Democrats urge Justice Department to prosecute alleged oil industry collusion, price-fixing
San Francisco Chronicle· 28 minutes agoThe FTC said earlier this month that Scott Sheffield, the former CEO of Pioneer Natural Resources,...