The Organization of the Petroleum Exporting Countries and its allies will further push back an oil-production increase planned for January by three months amid softer prices and market concerns of ...

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.

Top oil exporter Saudi Arabia cut prices for all crude grades it sells to Asian customers after the Organization of the Petroleum Exporting Countries and its allies further delayed a planned ...

MODELS of oil barrels and a pump jack are displayed in this illustration photo taken on Feb. 24, 2022. — REUTERS OPEC+ is discussing postponing its oil output hike due to start in January for the ...

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.

January WTI crude oil (CLF25) today is up +0.11 (+0.16%), and January RBOB gasoline (RBF25) is up +0.0023 (+0.12%). Crude oil and gasoline prices today recovered from early losses and turned ...

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.

CB Consumer Confidence Drops To 104.7; SP500 Tests Session LowsMon, 23 Dec 2024 15:22:02 GMT Michigan Consumer Sentiment Meets Estimates; SP500 Rebounds From Session LowsFri, 20 Dec 2024 15:20:02 ...

(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 ...