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, ...
Rigzone47m
Market Circumstances Not Supportive of OPEC+ Cut Unwind, StanChart Says
We think the best strategy is a delay in unwinding, perhaps even well beyond the end of Q1', Standard Chartered analysts said ...
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, ...
Crude Oil Prices1h
Asia’s Crude Oil Imports Set to Drop in 2024
Despite a rise in Chinese imports this month, Asia's overall crude oil imports are expected to decline in 2024 compared to ...
Oil News: Inventory Surprises and OPEC Meeting Delay Cloud Outlook
Unexpected U.S. gasoline build dampens oil demand outlook. OPEC+ meeting delay adds to uncertainty for crude oil futures.
Brent Crude - Oil Eyes Recovery As OPEC + Deliberate Oil Cut Rollover
Adding to Brent Crude’s challenges were rumors that Donald Trump may slash the red tape around oil drilling on Federal lands.
OPEC+ Has Little Room to Revive Oil Supply, Iran Official Says
OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the US shale ...
AFP on MSN2h
The ministerial meeting of the OPEC+ alliance initially scheduled for Sunday has been pushed back to December 5, the Vienna-based Organization of the Petroleum Exporting ...
The meeting of the 22-member OPEC+ group led by Saudi Arabia and Russia has "been rescheduled to... 5 December 2024, as several Ministers will be attending the 45th Gulf Summit in Kuwait City," their ...