OPEC+ postpones meeting to decide oil production strategy to Dec. 5, delegates say
The OPEC oil alliance has postponed a meeting to decide the next steps of its crude production strategy to Dec. 5, two delegate sources told CNBC.
OPEC+ postpones meeting on oil output to December 5
The OPEC+ alliance of major oil-producing nations has postponed a weekend meeting to December 5 in what analysts said were signs of disagreement among the group over plans to increase
OPEC+ production cuts may support oil prices in near term, Goldman Sachs says
Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest near term upside to Brent prices, Goldman Sachs said.
OPEC+ Delays Key Oil Policy Meeting to December 5
OPEC+ postponed its meeting on oil production plans to December 5th due to scheduling conflicts, with the group expected to maintain production cuts in the new year.
Report: OPEC+ set to delay oil production strategy meeting
William_Potter It's not easy to decide oil strategy in the current climate.Sources from CNBC suggest that OPEC+ has decided to postpone its coming
Oil prices are steady, OPEC sets meeting to talk turkey
Crude oil prices have stabilized in recent weeks as traders gear up for a meeting of OPEC and its allies. There are signs that OPEC and its partner oil producing countries will once again put off restoring some output. But at the same time, a cease-fire agreement between Israel and Hezbollah has eased geopolitical risk.
Oil Is Largely Rangebound As Market Turns Focus to OPEC+
Oil rose after trading lower earlier in the session, remaining rangebound during reduced trading volumes due to the Thanksgiving holiday, as market watchers turn their focus to OPEC+’s next move.
Oil prices end mixed as attention turns to OPEC+ decision on crude production
U.S. and global benchmark crude prices settled mixed after a cease-fire between Israel and Iran-backed Hezbollah eliminated much of the remaining risk premium around a wider Middle Eastern conflict.
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All Eyes on OPEC as Bearish Bias Remains Firm
Crude oil prices are poised to face bearish pressures in the short term as geopolitical risks ease and demand concerns linger ...
OPEC’s Dilemma: Another Year of Supply Curbs or Price Slump
When OPEC+ ministers meet this weekend, they confront the unpalatable choice: continue to curb oil-supplies well into 2025, ...
OPEC+ Ministerial Meeting Rescheduled For December 5
The OPEC+ (OPEC and non-OPEC) Ministerial Monitoring Committee meeting and the OPEC+ Ministerial Meeting, originally planned ...
OPEC unlikely to raise production in short term, commodity trading bosses say
OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, ...
AFP on MSN6h
The ministerial meeting of the OPEC+ alliance initially scheduled for Sunday has been pushed back to December 5, the Vienna-based Organization of the Petroleum Exporting ...
The meeting of the 22-member OPEC+ group led by Saudi Arabia and Russia has "been rescheduled to... 5 December 2024, as several Ministers will be attending the 45th Gulf Summit in Kuwait City," their ...
UAE accused of defying Opec oil cartel
The United Arab Emirates has been accused of defying production cuts from the Opec+ oil cartel, as tensions threaten to ...
US crude inventories drop more than expected, but product stocks rise as oil market shifts focus to OPEC meeting
Crude oil inventories in the US fell more than expected in the week ended November 22 as imports plunged, the US EIA said.
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OPEC Likely to Stick to Output Cuts for Another Month
OPEC will likely remain committed to production curbs for yet another month, the energy minister of Azerbaijan told Reuters ahead of the group’s Sunday meeting. “OPEC+ could or couldn't discuss oil ...