OPEC+ agreed a small oil output increase for December and a pause in increases in the first quarter of next year as the producers' group moderates plans to regain market share due to rising fears of a ...
Oil prices climbed in early Asian trade on Monday after OPEC+ decided to hold off production hikes in the first quarter of ...
Oil prices were rising after OPEC+ agreed to pause output hikes for the first quarter of next year, easing fears of a growing supply surplus. Brent crude rose 0.3% to $65 a barrel, while WTI was up 0.
Eight OPEC+ countries on Sunday agreed to raise oil output in December by 137,000 barrels per day and then to pause the output hikes for the first quarter of 2026, OPEC+ said in a statement.
Oil prices edged higher as OPEC+ postponed production hikes for early 2026, easing fears of a supply glut amid slowing demand and geopolitical tensions affecting global energy markets.
HOUSTON (Reuters) -Oil prices steadied on Tuesday as investors weighed a smaller-than-expected increase to OPEC+ output in November against signs of a potential supply glut. Brent crude futures ...
Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to agree to further hike oil production in a virtual meeting Sunday, as the group continues to seek greater market ...
By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW (Reuters) -OPEC+ will likely agree on Sunday another small ...
The eight key members of the OPEC+ alliance, including Saudi Arabia and Russia, on Sunday said they had agreed a further slight hike to their oil production. The 137,000-barrels-per-day hike will ...
Oil prices have spiked for a second day in a row after Donald Trump hit Russian giants with sanctions - Copyright AFP Frederic J. BROWN Oil prices have spiked for a ...