OPEC+ members are currently cutting output by a total of around ... to diversify the economy beyond oil and gas. Market watchers say a delay to production hike plans will allow the group to ...

OPEC+ on Thursday pushed back the start of oil output rises by three months until April and extended the full unwinding of cuts by a year until the end of 2026 due to weak demand and booming ...

OPEC+ is expected to further delay its planned output hike by at least three months, providing support to oil prices, according to Commerzbank Research analysts. The cartel and its allies ...

Top oil exporter Saudi Arabia cut prices for all ... Exporting Countries and its allies further delayed a planned output hike amid softer prices. State-owned oil giant Saudi Arabian Oil Co ...

REUTERS OPEC+ is discussing postponing its oil output hike due to start in January for the first quarter of 2025, OPEC+ sources told Reuters on Thursday, and will hold further talks on this and other ...

January WTI crude oil (CLF25 ... today after OPEC+ pushed back a planned hike of its crude production by +180,000 bpd from January to April and said it would unwind its crude output cuts at ...

Oil prices rose today after OPEC+ decided to delay itsplanned output increase by three months to April 2025, and extend the full unwind of production cuts by a year until the end of 2026. Brent ...

HOUSTON (Reuters) -Oil prices fell on Thursday as investors weighed an ample supply outlook for next year against OPEC+ delaying its planned output increase by three months to April 2025.

Another OPEC+ source said top OPEC producer Saudi Arabia and top non-OPEC producer Russia had a preliminary agreement for a deal on easing output curbs from August. WTI and Brent crude oil are ...

(Bloomberg) -- Kazakhstan is sticking to its plan to raise oil output next year, potentially creating further tension with its OPEC+ partners. “I order the Energy Ministry to intensify efforts ...

Oil prices were trading flat on Thursday afternoon, after OPEC+ delayed its planned output increase by three months to April 2025, and extended the full unwind of production cuts by a year until the ...