Oil prices near three-month low as Opec+ prepares to raise output from April after prolonged cuts
Opec+ nations have reaffirmed their December decision to proceed with a gradual and flexible return of the 2.2 million bpd voluntary output adjustments starting April 2025, while remaining adaptable t
While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...
Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and ...
This gradual increase may be paused or reversed subject to market conditions', a statement posted on OPEC's site noted.
Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...
The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to "the healthy market ...
The bloc and its allies, collectively known as Opec+, are set to begin unwinding 2.2m barrels per day worth of production ...
Oil slumps as OPEC+ boosts production and U.S. tariffs hit demand. Traders eye support levels as supply fears and trade war tensions weigh on crude oil outlook.
Output for December 2024 was revised higher by 59kb/d and November 2024 output was revised higher by 54 kb/d compared to last ...
Referring to Trump's request in January that OPEC increase output in order to lower oil prices, Tariq Zahir, managing member at Tyche Capital Advisors, told media the cartel and its allies "want to ...
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