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OPEC, Oil
OPEC’s Power is Waning. That’s Bad for Oil Bulls.
OPEC’s control of the oil market has been diminishing over the past year, and now it seems to have nearly vanished. That is a problem for oil bulls heading into 2025.OPEC and its allies, known as OPEC+,
Oil Prices Steady; OPEC+ Meeting in Focus
Oil futures were steady in early Asian trade as market participants await the outcome of an OPEC+ meeting later this week.
Oil Steadies as OPEC Uncertainty Counters China’s Economic Gain
Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ meeting for further direction.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto,
Crude Oil Prices
3h
OPEC Secrecy Isn’t Helping Its Exit Strategy from Production Cuts
OPEC+ faces a dilemma: easing production cuts risks further price drops below $70 per barrel, but maintaining cuts supports ...
12h
OPEC oil output rises in November as Libya recovers, survey finds
OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a ...
3d
OPEC Could Extend Production Cuts To Support Oil Prices
Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...
1d
OPEC Update - November 2024
Output for August 2024 was revised higher by 4 kb/d and September 2024 output was revised higher by 25 kb/d compared to last ...
EURACTIV
10m
Kazakhstan increasing oil exports, expanding its presence in European energy market
Over 70 per cent of Kazakhstan’s oil exports go to the EU, making it the bloc’s third-largest non-OPEC supplier. Now, it’s ...
1d
OPEC Crude Output Rises as Libya’s Recovery Offsets Iraqi Curbs
OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had shuttered ...
1d
Crude Oil awaiting OPEC+ headlines before making a move
OPEC+ is set to meet on Thursday online to discuss what to do with its production curbs for 2025.
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