Crude oil prices are poised to face bearish pressures in the short term as geopolitical risks ease and demand concerns linger ...

OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, ...

The OPEC oil alliance has postponed a meeting to decide the next steps of its crude production strategy to Dec. 5, two ...

When OPEC+ ministers meet this weekend, they confront the unpalatable choice: continue to curb oil-supplies well into 2025, ...

Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest ...

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 ...

We think the best strategy is a delay in unwinding, perhaps even well beyond the end of Q1', Standard Chartered analysts said ...

The OPEC+ alliance of major oil-producing nations has postponed a weekend meeting to December 5 in what analysts said were ...

Oil prices were flat in early Asian trading. The market is waiting for the next move by OPEC, ANZ research analysts said.

At the rescheduled meeting, Opec+ members are widely expected to agree an extension of both the current cuts to production quotas and the additional voluntary cuts for at least several more months.

Crude oil prices have stabilized in recent weeks as traders gear up for a meeting of OPEC and its allies. There are signs ...

Despite a rise in Chinese imports this month, Asia's overall crude oil imports are expected to decline in 2024 compared to ...