OPEC+ members are currently cutting ... The decision from the alliance to delay output hikes comes despite OPEC’s robust oil-demand growth estimates. The cartel trimmed its forecast for demand ...

REUTERS OPEC+ is discussing postponing its oil output hike due to start in January for the first quarter of 2025, OPEC+ sources told Reuters on Thursday, and will hold further talks on this and other ...

Top oil exporter Saudi Arabia cut prices for all ... Exporting Countries and its allies further delayed a planned output hike amid softer prices. State-owned oil giant Saudi Arabian Oil Co ...

Geopolitics and the foreign and trade policy choices of the new U.S. administration will impact the world order and economy, ...

OPEC+ delays oil output hike until April, extends cuts into 2026 OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis ...

Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...

supported by a new wave of U.S. sanctions on Iranian oil exports and expectations that OPEC+ will further delay its planned output hike. Brent crude was up 0.2% at $73.79 a barrel, while WTI was ...

International benchmark Brent crude will average $65 a barrel this year as new oil production from non-OPEC countries ...

OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...

1111 GMT – A global oil surplus and ample spare capacity will likely put pressure on prices next year despite potential OPEC+ output hike delays and improved compliance levels from member states ...

Russia’s own data show its crude production in December fell below its OPEC+ target, according to people familiar with ...