OPEC+ agreed a small oil output increase for December and a pause in increases in the first quarter of next year as the producers' group moderates plans to regain market share due to rising fears of a ...
Oil prices climbed in early Asian trade on Monday after OPEC+ decided to hold off production hikes in the first quarter of ...
Oil prices were rising after OPEC+ agreed to pause output hikes for the first quarter of next year, easing fears of a growing ...
Oil prices rose slightly after OPEC+ announced a small December output hike and paused early-2026 increases, reflecting caution amid global demand and geopolitical uncertainty.
Eight OPEC+ countries on Sunday agreed to raise oil output in December by 137,000 barrels per day and then to pause the output hikes for the first quarter of 2026, OPEC+ said in a statement.
Oil prices edged higher as OPEC+ postponed production hikes for early 2026, easing fears of a supply glut amid slowing demand and geopolitical tensions affecting global energy markets.
Crude oil futures squeezed out small gains after OPEC+ agreed to unwind a further 137,000 bbl/day of production cuts in December, as expected, before pausing its increases in Q1 2026.
Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to agree to further hike oil production in ...
OPEC+ members agreed to a relatively small increase in oil production for November, wary of a potential global glut as demand growth slows and rival producers boost supply, Reuters reported Tuesday, ...
Oil prices dipped on Friday, ahead of an anticipated output hike by the Organization of the Petroleum Exporting Countries and ...
NEW YORK (Reuters) -U.S. oil production is expected to hit a larger record this year than previously expected, the Energy Information Administration said on Tuesday, even as the agency warned that a ...
Oil prices climbed on Monday after OPEC+ decided to hold off production hikes in the first quarter of next year, which eased ...