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OPEC, Donald Trump

OPEC’s Dilemma: Another Year of Oil Supply Curbs or Price Slump

When OPEC+ ministers meet this weekend, they confront the unpalatable choice: continue to curb oil-supplies well into 2025, or risk a renewed price slump.

Reuters on MSN · 1d

Oil prices rise as investors weigh OPEC+ discussions, Trump tariffs

Oil prices rose on Tuesday as investors eyed OPEC+ discussions on output and weighed the potential impact of U.S. President-elect Donald Trump's planned trade tariffs on Mexico and Canada. Brent crude futures were up 66 cents,

The Financial Times · 1d

Oil producers warn Trump tariffs on Canada will push up US petrol prices

Donald Trump’s plan to slap punitive tariffs on Canadian imports will drive up prices for American motorists, oil producers warned, as companies scrambled to respond to the US president-elect’s threats.

Oil, OPEC

WSB Radio · 4h

Oil prices are steady, OPEC sets meeting to talk turkey

Crude oil prices have stabilized in recent weeks as traders gear up for a meeting of OPEC and its allies. There are signs that OPEC and its partner oil producing countries will once again put off restoring some output. But at the same time, a cease-fire agreement between Israel and Hezbollah has eased geopolitical risk.

Reuters · 2d

OPEC+ to hold Dec 1 oil policy meeting online, sources say

OPEC+ will hold its Dec. 1 oil policy meeting online, two OPEC+ sources said on Monday, with the producer group set to discuss a further delay to plans to raise output.

Wall Street Journal · 10h

Oil Inches Higher as Market Assesses Israel-Hezbollah Cease-Fire Deal

Oil edged higher in early European trade after Israel and Hezbollah reached a cease-fire deal and as markets await OPEC+’s next policy move.

Fox Business on MSN1h

OPEC is ‘not pretty happy’ about looming tariffs on oil, expert says

Power the Future founder Daniel Turner breaks down how tariffs could lead to higher oil prices during an appearance on ...

1hon MSN

UAE accused of defying Opec oil cartel

The United Arab Emirates has been accused of defying production cuts from the Opec+ oil cartel, as tensions threaten to ...

OPEC unlikely to raise production in short term, commodity trading bosses say

OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, ...

4hon MSN

Oil prices make modest moves as attention turns to OPEC+ decision on crude production

Oil futures seesawed between modest gains and losses Wednesday after a cease-fire between Israel and Iran-backed Hezbollah ...

Brent Crude - Oil Eyes Recovery As OPEC + Deliberate Oil Cut Rollover

Adding to Brent Crude’s challenges were rumors that Donald Trump may slash the red tape around oil drilling on Federal lands.

Crude Oil Prices7h

Goldman Sachs: OPEC+ Cuts Provide Near-Term Upside to Oil Prices

OPEC+ is expected to extend its production cuts into 2025, which Goldman Sachs sees as providing near-term support for oil ...

TradeWinds7h

Tanker owners braced for fresh blow with Opec set to keep oil tap turned down

Hammer was not the only market observer to point out another delay: Goldman Sachs said the recent oil drop would prompt ...

23hon MSN

Trump’s oil-drilling plans may pose a big problem for OPEC+

OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in ...

OPEC+ Has Little Room to Revive Oil Supply, Iran Official Says

OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the US shale ...

Crude Oil Prices1d

OPEC Likely to Stick to Output Cuts for Another Month

OPEC will likely remain committed to production curbs for yet another month, the energy minister of Azerbaijan told Reuters ahead of the group’s Sunday meeting. “OPEC+ could or couldn't discuss oil ...

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