OPEC extends its oil output cuts by one month until the end of December
Saudi Arabia and allied oil producing countries say they will postpone a plan to gradually increase oil output until the end of the year
OPEC+ in a pickle: should the cartel increase oil output?
The Organization of the Petroleum Exporting Countries and allies are in a dilemma with its decision to increase oil output from December.
Oil gains more than 2% after OPEC+ delays output hike, US election in focus
Oil prices rose more than 2% on Monday on a decision by OPEC+ to delay by a month plans to increase output, while the market braced for a crucial week that includes the U.S. presidential election. U.S.
Oil futures jump after OPEC+ again delays production increases
Oil futures jumped Monday after members of OPEC+ — made up of the Organization of the Petroleum Exporting Countries and its allies — said they would wait yet another month before beginning to unwind 2.
Oil Gains as OPEC+ Further Delays Output Hike
Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid growing concerns about weaker global demand and lower prices.
Crude Oil Futures Gain as OPEC+ Extends Output Cuts
KEY TAKEAWAYS Crude oil futures are rising Monday after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) on Sunday extended their output cuts by one month.Saudi Arabia and other members of OPEC+ said they agreed to keep voluntary production cuts of around 2.
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Saudi Arabia cuts December light crude prices for Asia
Top oil exporter Saudi Arabia has cut the price for the flagship Arab light crude it sells to Asia in December by ...
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...
Aramco Cuts Oil Prices to Asia for December After OPEC+ Delay
Saudi Arabia lowered oil prices for buyers in Asia for December after members of the OPEC+ producers group said they will ...
OPEC extends oil output cuts through the end of December
Saudi Arabia and allied oil producing countries said on Sunday they would postpone a plan to gradually increase oil ...
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OPEC+ announces surprise oil cuts; U.S. calls move inadvisable
“The step is unreservedly bullish.” Top OPEC producer Saudi Arabia said it would cut output by 500,000 bpd. The Saudi energy ministry said the kingdom’s voluntary reduction was a ...
Saudi Aramco reports 15% drop in Q3 profit but maintains dividend
Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining ...
OPEC’s Oil Output Recovers After Libya Resolves Political Crisis
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