Brent Crude - Oil Prices Rise As OPEC+ Extend Output Cuts
Oil prices opened $1 dollar higher following the weekend to trade at 73.80 a barrel when markets opened. Click to read.
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.
Oil jumps nearly 3% after OPEC+ delays output hike, US election in focus
Oil prices climbed nearly 3% on Monday on OPEC+'s decision for a month's delay in plans to increase output, while investors also focused on the U.S. presidential election.
Oil News: Crude Prices Rise on OPEC+ Delay, Election Impact From Trump, Harris
Oil prices see upward momentum from speculators as OPEC+ delays output. Trump vs. Harris election outcome could shape the U.S. oil outlook.
Oil Prices Edge Higher on Extended OPEC Cuts. Why the Boost May Not Last.
Oil prices were rising early Monday after the Organization of the Petroleum Exporting Countries extended production cuts. It could be a short-term lift for prices because the market still faces the threat of oversupply.
Oil prices end at highest in a week after OPEC+ delays output hike by another month
Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary production cuts. Natural-gas prices also rallied as a potential hurricane looked to be heading into the Gulf of Mexico.
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
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.
OPEC postpones plans to increase production — again
Yet again, OPEC has postponed plans to increase oil production until at least the end of the year. That drove oil futures higher on Monday — West Texas Intermediate is trading around $71.50 a barrel. The oil cartel has been reluctant to bring back oil supply for a while now. What gives?
Oil prices edge up on weak dollar ahead of US election results
Oil prices edged up about 1% to a one-week high on Tuesday ahead of what is expected to be an exceptionally close U.S. presidential election, after rising more than 2% in the previous session as OPEC+ delayed plans to hike production in December.
Oil prices edge higher as traders await U.S. election results
Oil futures edged higher in quiet trade early Tuesday as investors await the outcome of a contentious and close U.S. presidential election.
Report: Russia deceives OPEC on oil sales to fund Ukraine war
Russia is “flagrantly violating” its agreements with the OPEC oil cartel by concealing the true amount of oil it is producing ...
Oil trades in tight range ahead of US election result
Oil prices traded in a narrow range on Tuesday ahead of what is expected to be an exceptionally close U.S. presidential ...
OPEC+ production hike delay may signal oil price concerns, analysts say
"This delayed supply increase means that maybe the group is more willing to support prices than many believe." For its part ...
Three years of roaring oil prices could be coming to an end
Oil production continues to rise around the world and could increase further if OPEC and its allies move away from ...