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Oil prices drop, set for weekly loss even
Opec expected to extend oil output cuts as it waits on Trump
Producer group likely to watch US president-elect’s plans to impose sanctions against Iran and Venezuela, say analysts
OPEC+ Expected To Extend Oil Supply Cuts
The OPEC oil cartel and its allies are expected Thursday to extend their supply cuts to avoid a sharp drop in prices in a global market awash in crude.
Oil prices drop, set for weekly loss even after OPEC+ extends output cuts
Oil prices fell 1% on Friday and were headed for a weekly loss as analysts projected a supply surplus next year despite an OPEC+ decision to delay output hikes and extend deep production cuts to the end of 2026.
NHK
3d
OPEC+ to extend crude oil output cuts
Major
oil
producing group
OPEC
Plus says it will delay an additional
output
increase that was planned for next ...
5d
OPEC oil output rises in November as Libya recovers, survey finds
OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a ...
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