Oil jumps nearly 3% after OPEC+ delays output hike, US election …
2 days ago · Iran has approved a plan to increase oil production by 250,000 barrels per day, the oil ministry's news website Shana reported on Monday. Libya's oil production is nearing 1.5 million bpd, the ...
Oil prices end at highest in a week after OPEC+ delays output …
1 day ago · NGZ24. -0.86%. Oil futures finished sharply higher Monday after members of OPEC+ — made up of the Organization of the Petroleum Exporting Countries and its allies — said they would wait yet ...
With Oil Prices Weak, OPEC Plus Postpones Increases Again
2 days ago · On Monday, prices of Brent crude, the international benchmark, rose 2.7 percent to $75 a barrel. Prices for U.S. crude also rose about 2 percent to above $71 a barrel. OPEC Plus had first ...
Latest Oil Prices, Market News and Analysis for Nov. 4 - Bloomberg
2 days ago · November 4, 2024 at 9:52 AM PST. Translate. Oil advanced after OPEC+ agreed to push back its December production increase by one month and traders braced for jumpy trading ahead of the US election ...
OPEC oil output rises in October as Libyan supply rebounds, …
1 day ago · OPEC oil output rebounded in October from its lowest this year the previous month as Libya resolved a political crisis, a Reuters survey found, although a further Iraqi effort to meet its cuts ...
OPEC actions increasing volatility and hampering new investment in oil …
1 day ago · Oil prices were up by over 2.8% by 1216 GMT on Monday. ... Energy category OPEC oil output rises in October as Libyan supply rebounds, ... the news and media division of Thomson Reuters, is the ...
OPEC may soon lose its sway over global oil prices, IEA says - CNN
Jun 12, 2024 · OPEC+ has been restraining output for about two years in a bid to prevent the emergence of a huge supply surplus that could depress prices and hurt the oil-dependent economies of its member...
OPEC to Meet Amid Signs of Waning Influence on Oil Prices
May 31, 2024 · OPEC to Meet Amid Signs of Waning Influence on Oil Prices. Major producers, including Saudi Arabia and Russia, are set to gather virtually on Sunday. They are expected to maintain production...
Oil Prices Jump, as OPEC Production Cut Draws U.S. Concern
Apr 3, 2023 · Oil prices surged on Monday and U.S. officials voiced their displeasure a day after OPEC members announced substantial cuts in production, a move that reaffirmed Saudi Arabia, the group’s...
Oil Rises as OPEC+ Delays Output Hike, Election Roils Trading
2 days ago · West Texas Intermediate rose 2.8% to settle near $71.50 a barrel, the biggest gain since early October, while Brent advanced 2.7% to settle above $75.