OPEC+ members are currently cutting ... The decision from the alliance to delay output hikes comes despite OPEC’s robust oil-demand growth estimates. The cartel trimmed its forecast for demand ...
LONDON/MOSCOW (Reuters) - OPEC+ has agreed to delay its plan to raise oil output until April 2025, an OPEC+ source told Reuters while its meeting was underway, to provide additional support for ...
REUTERS OPEC+ is discussing postponing its oil output hike due to start in January for the first quarter of 2025, OPEC+ sources told Reuters on Thursday, and will hold further talks on this and other ...
Top oil exporter Saudi Arabia cut prices for all ... Exporting Countries and its allies further delayed a planned output hike amid softer prices. State-owned oil giant Saudi Arabian Oil Co ...
OPEC+ delays oil output hike until April, extends cuts into 2026 OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis ...
OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...
Global oil markets face a ... proceeds with plans to revive output starting in April, the IEA predicted in a monthly report. Even if OPEC+ cancels next year’s hikes entirely, there’ll still ...
supported by a new wave of U.S. sanctions on Iranian oil exports and expectations that OPEC+ will further delay its planned output hike. Brent crude was up 0.2% at $73.79 a barrel, while WTI was ...
Russia’s own data show its crude production in December fell below its OPEC+ target, according to people familiar with ...
Russia's crude oil production fell below its OPEC+ quota in December, raising concerns about its ability to meet future ...
(Bloomberg) — Global oil markets ... decision by OPEC+ to delay supply increases, the International Energy Agency said. World markets will be oversupplied by a hefty 1.4 million barrels a day if the ...