OPEC+ shifts meeting to Dec. 5, could delay output hike, sources say
The OPEC+ alliance of oil-producing countries has postponed its next meeting on output policy to Dec. 5 from Dec. 1 to avoid a conflict with another event, OPEC said on Thursday.
OPEC+ postpones meeting to decide oil production strategy to Dec. 5, sources say
The OPEC+ oil alliance has postponed a meeting to decide the next steps of its crude production strategy to Dec. 5, two delegate sources told CNBC.
OPEC+ Postpones Meeting On Oil Output To December 5
The OPEC+ alliance of major oil-producing nations has postponed a weekend meeting to December 5 in what analysts said were signs of disagreement among the group over plans to increase output.
OPEC+ production cuts may support oil prices in near term, Goldman Sachs says
Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest near term upside to Brent prices, Goldman Sachs said.
OPEC+ Delays Online Meeting on Supply to Dec. 5, Delegates Say
OPEC+ confirmed it will delay Sunday’s online meeting on oil production curbs to Dec. 5. OPEC’s secretariat said that the delay — first reported by Bloomberg News — was because several ministers will attend the meeting of the Gulf Cooperation Council in Kuwait on Dec. 1.
OPEC+ Delays Output Policy Meeting to Dec. 5
OPEC+ is set to discuss whether to proceed with a planned output hike that is due to start in January, with most analysts expecting the group to further delay its plans amid market concerns over a slowdown in global demand and prospects of a supply surplus next year.
OPEC+ ministerial meeting extended to December 5
The Vienna-based Organization of the Petroleum Exporting Countries, OPEC, says the ministerial meeting of the OPEC+ alliance initially slated for Sunday has been postponed to December 5. According to a statement by OPEC on Thursday,
Oil faces uphill fight as demand woes, oversupply challenge OPEC efforts: Reuters poll
Oil prices could stall in 2025 as economic weakness in China clouds the demand picture and ample global supplies outweigh ...
OPEC’s Dilemma: Another Year of Supply Curbs or Price Slump
When OPEC+ ministers meet this weekend, they confront the unpalatable choice: continue to curb oil-supplies well into 2025, ...
Crude Oil Prices1d
All Eyes on OPEC as Bearish Bias Remains Firm
Crude oil prices are poised to face bearish pressures in the short term as geopolitical risks ease and demand concerns linger ...
Drilling Deep, Cashing Big - Devon Energy's Significant Upside Potential
Devon Energy fundamentals are strong, with record-breaking production and efficiency gains, particularly in the Delaware ...
Oil Little Changed in Thin Trading After OPEC Delays Meeting
Oil was steady as traders watched for any further clues to OPEC ’s production plans after it delayed a key virtual meeting by four days.
Crude Oil Prices1h
Ceasefire With Hezbollah Shifts Israel's Focus to Iran
A US-France-brokered 60-day ceasefire between Hezbollah and Israel could stabilize Lebanon but also facilitates Israeli ...
WSB Radio2d
Oil prices are steady, OPEC sets meeting to talk turkey
Crude oil prices have stabilized in recent weeks as traders gear up for a meeting of OPEC and its allies. There are signs ...
OPEC unlikely to raise production in short term, commodity trading bosses say
OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, ...