Oil jumps nearly 3% after OPEC+ delays output hike, US election …
2 days ago · Iran has approved a plan to increase oil production by 250,000 barrels per day, the oil ministry's news website Shana reported on Monday. Libya's oil production is nearing 1.5 million bpd, the ...
OPEC+ agrees to delay December output hike for one month
3 days ago · OPEC+ has agreed to delay a planned December oil output increase by one month, the group said on Sunday, as weak demand notably from China and rising supply outside the group maintain downward ...
Russia Says October Crude Output Was in Line With OPEC+ Target
3 hours ago · By Bloomberg News. November 6, 2024 at 3:57 AM PST. Russian data show the nation’s crude production in October was almost in line with its target under the OPEC+ agreement, according to people ...
With Oil Prices Weak, OPEC Plus Postpones Increases Again
2 days ago · On Monday, prices of Brent crude, the international benchmark, rose 2.7 percent to $75 a barrel. Prices for U.S. crude also rose about 2 percent to above $71 a barrel. OPEC Plus had first ...
Aramco Cuts Oil Prices to Asia for December After OPEC+ Delay
20 hours ago · November 5, 2024 at 10:50 AM PST. Save. Translate. Saudi Arabia lowered oil prices for buyers in Asia for December after members of the OPEC+ producers group said they will push back production ...
OPEC oil output rises in October as Libyan supply rebounds, …
1 day ago · OPEC oil output rebounded in October from its lowest this year the previous month as Libya resolved a political crisis, a Reuters survey found, although a further Iraqi effort to meet its cuts ...
OPEC+ delays supply restart again as crude prices struggle
2 days ago · Danil Shamkin—NurPhoto via Getty Images. OPEC+ agreed to push back its December production increase by one month, the second delay to its plans to revive supply as prices continue to struggle ...
News - OPEC
OPEC’s World Oil Outlook 2024 to be launched in Rio de Janeiro on 24 September. 10 Sep 2024 | Vienna, Austria, 10 September 2024--The Organization of the Petroleum Exporting Countries (OPEC) will launch the 18th edition of its World Oil Outlook (WOO) at ROG.e 2024 in Rio de Janeiro, Federative Republic of Brazil.
OPEC : Home
News: 1. ‘'Age of electricity' to follow looming fossil fuel peak’’: Analysis or Science Fiction? more; 2. OPEC daily basket price stood at $71.59 a barrel Monday, 28 October 2024 more; 3. OPEC’s World Oil Outlook 2024 to be launched in Rio de Janeiro on 24 September more
Crude Oil Futures Gain as OPEC+ Extends Output Cuts
2 days ago · KEY TAKEAWAYS. Crude oil futures are rising Monday after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) on Sunday extended their output cuts by one month. Saudi ...