OPEC oil output rises in November as Libya recovers, survey finds
OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a Reuters survey found, though members making cuts pledged to the wider OPEC+ alliance kept output broadly steady.
Oil Prices Rise as OPEC+ Prepares to Extend Production Cuts
OPEC+ appears to have successfully supported oil prices by suggesting it would extend its production cuts into the first quarter of 2025.
OPEC+ may extend output cuts to prevent oil glut: UBS
OPEC and allies are expected to extend its voluntary production cuts beyond December, analysts at UBS were quoted in a report by Reuters.
Crude oil rises by most in two weeks as OPEC+ expected to extend output cuts
Crude oil futures settled higher Tuesday on expectations that OPEC+ will again postpone its planned production increases when group members meet on Thursday, possibly by as much as three months. "Given a rise in compliance with production cuts from Russia,
Oil rises on fears about Lebanon, further OPEC+ supply cuts
Oil prices rose more than 2% on Tuesday as Israel threatened to attack the Lebanese state if its truce with Hezbollah collapses, and as investors positioned for OPEC+ to announce an extension of supply cuts this week.
Oil sees biggest daily gain in 2 weeks on bets OPEC+ will extend production cuts
Oil futures settled higher Tuesday, scoring their largest one-day gains in about two weeks as some traders expect the Organization of the Petroleum Exporting Countries and its allies to further delay a partial unwinding of production cuts when they meet Thursday.
Oil Rises as Investors Await OPEC Meeting
Oil rose in early Asian trade. Markets were in a “wait-and-watch mode” ahead of the OPEC+ meeting this week, ANZ Research said.
Oil prices rise ahead of OPEC+ meeting
Oil prices rose more than 1.5% on Tuesday as investors await an OPEC+ meeting expected to rubber stamp continued output cuts while a fragile ceasefire between Israel and Lebanon provided additional support.
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 ...
Nymex Overview: Oil Futures Up on Expectations OPEC+ Will Extend Output Cuts -- OPIS
Crude-oil futures were up by about $2 on a weaker dollar and expectations OPEC members and allied producers will again extend production cuts to support prices when they meet on Thursday. The Nymex ...
OPEC+ Meeting In Focus: Will Oil Production Cuts Continue Through March 2025?
Oil prices are currently stable, but OPEC+ is likely to extend oil output cuts into Q1 2025 due to weaker global demand.
OPEC+ output cuts extended: a difficult decision amidst market uncertainty
OPEC's hands are tied as the cartel will look to navigate indecision within the group to extend production cuts beyond 2024.
OPEC+ likely to prolong oil cuts for Q1, sources say
OPEC+ is likely at its meeting on Thursday to extend its latest round of oil output cuts until the end of the first quarter, four OPEC+ sources told Reuters, to provide additional support for the oil ...
OPEC+ seen prolonging oil output cuts through Q1 at Thursday's meeting - report
Oil prices flat as President-elect Trump threatens to hit BRICS nations with 100% tariffs if the group backed alternatives to ...
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Crude oil trade sideways OPEC+ expected to extend cuts as global demand sluggish
Stay updated on the latest oil market news. Find out how the outcome of the upcoming OPEC+ meeting could impact crude oil ...
OPEC+ may stick with deep oil cuts for longer due to weak demand
OPEC+ will have little room to manoeuvre on oil policy when it meets in December: it would be risky to increase output ...