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Oil, OPEC
Oil prices nudge higher ahead of OPEC+ meeting
Oil prices inched down amid mixed market signals on Tuesday, with traders awaiting the outcome of an OPEC+ meeting this week.
Oil prices rise ahead of OPEC+ decision this week on production cuts
Oil futures rose Tuesday morning as traders awaited a meeting of the Organization of the Petroleum Exporting Countries and its allies that’s expected to result in a further delay to the partial unwind of production cuts.
OPEC Could Extend Production Cuts To Support Oil Prices
Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could extend oil production cuts to support prices.
Oil prices trade in tight range ahead of OPEC+ meeting
Oil prices were little changed on Tuesday, trading within a narrow range, as traders awaited the outcome of an OPEC+ meeting later this week. Brent crude futures were up 14 cents, or 0.19%, at $71.97 a barrel by 0404 GMT,
U.S. oil prices log modest gains on upbeat China data, ahead of OPEC+ meeting
Global oil prices ended little changed Monday, while U.S. prices posted a modest gain as upbeat manufacturing data from China lifted prospects for energy demand
Oil Rises on Chinese Data, OPEC+ Expectations
Oil prices rose in early European trade, supported by Chinese factory activity growth and expectations that OPEC+ will further delay its planned output hike at a meeting this week.
Oil Gains. Focus on OPEC+ Meeting, China Demand.
Oil prices were rising in early European trade but remained in a narrow range ahead of an OPEC+ output policy meeting on Thursday. Both crude benchmarks Brent and WTI were up 1% to $72.52 and $68.81 a barrel,
Oil prices rise ahead of postponed OPEC+ meeting
Oil futures rose on Monday, bouncing after losing ground in a choppy November in response to a cease-fire between Israel and Iran-backed Hezbollah.
Oil Rises; Focus on OPEC+ Meeting
Oil rises in early Asian trade with traders focus on the coming OPEC+ production policy meeting on Thursday. ING strategists Warren Patterson and Ewa Manthey expect the OPEC+ meeting to discuss output policy for 2025,
2h
on MSN
OPEC’s Power is Waning. That’s Bad for Oil Bulls.
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 ...
2h
North Sea Oil Market Sees Biggest Trading Frenzy in 16 Years
The North Sea crude market just witnessed its largest trading frenzy in at least 16 years, adding to uncertainty over oil ...
3h
Major Gulf equities track higher oil prices; Qatar flat
Major Gulf stock markets ended higher on Tuesday, fueled by rising oil prices, as investors bet on OPEC+ extending its ...
14m
US Deepens Sanctions on Iran's 'Shadow' Oil Fleet
WASHINGTON (Reuters) - The Biden administration on Tuesday ramped up its sanctions on Iran, targeting 35 entities and vessels that it said transported illicit Iranian petroleum to foreign markets as ...
18h
Tariff Threat Spotlights U.S. Need for Canadian Oil, Private-Equity CEO Says
Founder of Waterous Energy in Calgary, Alberta, says Donald Trump’s import-tax pledge could spur new U.S.-Canada coordination ...
11h
on MSN
Saudi non-oil business activity lifted by stronger demand in Nov, PMI shows
Saudi Arabia's non-oil business sector grew in November at the fastest rate since July 2023 thanks to robust demand, a ...
4h
Fuel oil smuggling network rakes in $1 billion for Iran and its proxies
A sophisticated fuel oil smuggling network that some experts believe generates at least $1 billion a year for Iran and its ...
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