Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
Oil prices hold ground after OPEC lowers demand outlook, China stimulus limit gains
Oil prices steadied on Tuesday, recovering from a 5% drop over the previous two sessions, as investors absorbed OPEC's latest ...
Crude Oil Prices19h
OPEC Oil Production Jumps by 470,000 Bpd as Libyan Output Returns
OPEC's oil production increased in October due to Libya's return to full capacity, offsetting declines from other members.
Oil Prices Steady Ahead of OPEC Report, China Stimulus Limit Gains
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...
OPEC says Russian oil output broadly stable in October
Russia's crude oil output edged up in October by 9,000 barrels per day (bpd) to about 9.01 million bpd, the Organization of ...
Zawya3h
OPEC Plus crude output hits 40.34mln bpd last month
The report touched on economic growth expected in a number of countries, including China, where the figure remains unchanged ...
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OPEC postpones plans to increase production — again
Yet again, OPEC has postponed plans to increase oil production until at least the end of the year. That drove oil futures ...
Crude Oil Prices18h
OPEC's Leader is Making Big Moves in Carbon Markets
OPEC's leader, Saudi Arabia, presents a new addition to its economic diversification strategy: a voluntary carbon market.
OPEC in conundrum as supply surplus risk, slowing demand leaves hard choices ahead
OPEC and its allies, or OPEC+, are facing unfavourable backdrop for the plans to boost production as a potential crude ...