Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude inventory drop of more than 5 million barrels.
Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...
OPEC+ has repeatedly stepped in to cut production and prop up prices when they start to fall below $70 per barrel. But as the ...
Pressure from uncertainty a day ahead of a decision by major oil producers on output levels contributed to a decline in oil prices Wednesday, even as weekly U.S. data revealed a crude inventory ...
OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a ...
Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ ...
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 ...
Saudi Arabia’s sway over OPEC long meant dominance of the global oil market. But the cartel’s fractious members are pushing to pump more, in part due to the expectation of growing competition from U.S ...
Head of Global Commodities Research at Goldman Sachs, discussed the current state of the oil market and the potential impact ...
OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had shuttered ...
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