OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a ...
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 ...
Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ ...
Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...
OPEC+ faces a dilemma: easing production cuts risks further price drops below $70 per barrel, but maintaining cuts supports ...
The Organization of the Petroleum Exporting Countries pumped 26.51 million barrels per day (bpd) last month, up 180,000 bpd ...
Oil prices could stall in 2025 as economic weakness in China clouds the demand picture and ample global supplies outweigh ...
Oil prices were little changed in early Asia trade on Wednesday as market participants weighed higher U.S. crude oil and fuel ...
Oil futures were steady in early Asian trade as market participants await the outcome of an OPEC+ meeting later this week.
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 ...
Oil rose in early Asian trade. Markets were in a “wait-and-watch mode” ahead of the OPEC+ meeting this week, ANZ Research said.
While OPEC has postponed production increases originally planned for October and December, the potential for a January supply hike remains. Macquarie noted it “would be surprised to see OPEC announce ...