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Iran, OPEC
Oil Edges Higher With Focus on OPEC+, U.S. Sanctions Against Iran
Oil prices were edging higher in early trade, 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.
OPEC+ poised to extend supply cuts amid US sanctions on Iran
Oil prices on the New York commodities exchange recorded their strongest increase in over two weeks on Tuesday and continue to rise. Investors are awaiting a decision regarding the production plans of OPEC+ member countries,
Crude Oil Rises on Dollar Weakness and Iran Crude Sanctions
Tuesday closed up +1.84 (+2.70%), and January RBOB gasoline (RBF25) closed up +0.0452 (+2.36%). Crude oil and gasoline prices on Tuesday pushed moderately higher due to a weaker dollar. Crude extended its gains Tuesday after the US imposed more sanctions on Iranian crude,
26m
on MSN
Saudi Arabia Is Losing Its Iron Grip on Global Oil Markets
Rising U.S. production and internal OPEC+ pressure limit the kingdom’s sway over prices. Trump is a new wild card.
20h
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 ...
Crude Oil Prices
11h
OPEC Secrecy Isn’t Helping Its Exit Strategy from Production Cuts
OPEC+ faces a dilemma: easing production cuts risks further price drops below $70 per barrel, but maintaining cuts supports ...
3d
OPEC Could Extend Production Cuts To Support Oil Prices
Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...
14h
on MSN
Oil sees biggest daily gain in 2 weeks on bets OPEC+ will extend production cuts
Oil futures rose Tuesday as traders awaited a meeting of the Organization of the Petroleum Exporting Countries and its allies ...
10h
Oil steady as markets weigh higher US stockpiles, OPEC+ supply plans
Oil prices were little changed in early Asia trade on Wednesday as market participants weighed higher U.S. crude oil and fuel ...
3h
FTSE 100 Live 04 December: Oil price higher ahead of OPEC meeting, index set to fall
Extensions to the operating life of four nuclear power stations have been confirmed by Centrica, which holds a 20% stake in ...
11h
on MSN
Crude oil rises by most in two weeks as OPEC+ expected to extend output cuts
Crude oil futures rose on OPEC+ production cut extension expectations. Geopolitical tensions also supported gains.
Anadolu Ajansi
2h
Oil up over Middle East tension, OPEC+ supply plan
The Organization of Petroleum Exporting Countries (OPEC) and its allies, known as the OPEC+, will decide their production ...
2d
Oil Steadies as OPEC Uncertainty Counters China’s Economic Gain
Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ ...
1d
OPEC Update - November 2024
Output for August 2024 was revised higher by 4 kb/d and September 2024 output was revised higher by 25 kb/d compared to last ...
21h
on MSN
OPEC’s Power is Waning. That’s Bad for Oil Bulls.
OPEC’s control of the oil market has been diminishing over the past year, and now it seems to have nearly vanished. That is a ...
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