The Organization of the Petroleum Exporting Countries and its allies will further push back an oil-production increase planned for January by three months amid softer prices and market concerns of ...

OPEC+ is expected to further delay its planned output hike by at least three months, providing support to oil prices, according to Commerzbank Research analysts.

Top oil exporter Saudi Arabia cut prices for all crude grades it sells to Asian customers after the Organization of the Petroleum Exporting Countries and its allies further delayed a planned ...

MODELS of oil barrels and a pump jack are displayed in this illustration photo taken on Feb. 24, 2022. — REUTERS OPEC+ is discussing postponing its oil output hike due to start in January for the ...

January WTI crude oil (CLF25) today is up +0.11 (+0.16%), and January RBOB gasoline (RBF25) is up +0.0023 (+0.12%). Crude oil and gasoline prices today recovered from early losses and turned ...

CB Consumer Confidence Drops To 104.7; SP500 Tests Session LowsMon, 23 Dec 2024 15:22:02 GMT Michigan Consumer Sentiment Meets Estimates; SP500 Rebounds From Session LowsFri, 20 Dec 2024 15:20:02 ...

1111 GMT – A global oil surplus and ample spare capacity will likely put pressure on prices next year despite potential OPEC+ output hike delays and improved compliance levels from member states ...

(Bloomberg) -- Kazakhstan is sticking to its plan to raise oil output next year, potentially creating further tension with its OPEC+ partners. “I order the Energy Ministry to intensify efforts ...

Oil prices were trading flat on Thursday afternoon, after OPEC+ delayed its planned output increase by three months to April 2025, and extended the full unwind of production cuts by a year until the ...

OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab Emirates due to field maintenance and from Iran offset a hike from Nigeria ...