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What is OPEC+ and how does it affect oil prices?
Reuters via Yahoo Finance· 2 hours agoOPEC in 2007, quit the bloc at the start of this year, citing disagreements over production levels. Ecuador quit OPEC in 2020 and Qatar ...
The Week in Oil: Federal Reserve Downplays Rate Cuts, Market Looks to OPEC+ Meeting
Morningstar· 1 hour agoHere's a look at what happened in oil markets in the week of May 20-24 and what will be in focus in the days to come. OVERVIEW: Oil prices are on track ...
Explainer-What OPEC+ oil output cuts are currently in place? By Reuters
Investing.com· 6 hours agoExplainer-What OPEC+ oil output cuts are currently in place?
OPEC+ Shifts Meeting Online as Officials See Longer Oil Cuts
Bloomberg via Yahoo Finance· 5 hours ago(Bloomberg) -- OPEC+ will hold next month’s policy meeting online rather than in person, while...
Russia finds it challenging to keep the lid on oil output, analysts, sources say
Reuters· 1 day agoRussia, in a rare admission of oil overproduction, said overnight that it exceeded its OPEC+ ...
Oil Prices Hover as Market Awaits OPEC+ Meeting
Barrons.com· 1 day agoOPEC+ is likely to extend its 2.2 million barrel a day production cut for the rest of 2024, MUFG analysts say in a note. MUFG says this ...
UAE Set to Hit Oil Capacity Target Year Earlier Than It Forecast
Bloomberg via Yahoo Finance· 3 hours ago(Bloomberg) -- The United Arab Emirates is on course to achieve its full oil capacity target more...
Oil Lingers Near Three-Month Lows on Ample Near-Term Supplies
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Oil hovered near the lowest in three months as traders weighed decreased geopolitical...
OPEC+ set to roll over output cuts in June - Citi By Investing.com
Investing.com· 1 day agoCrude prices have risen Thursday, bouncing after three days of selling, but overall sentiment...
Oil set for weekly loss as markets worry about demand
StreetInsider· 48 minutes agoOil prices rose on Friday, but looked set for a weekly loss on lingering concerns that sticky inflation could lead to high interest rates for a longer period and curb fuel ...