Oil prices near three-month low as Opec+ prepares to raise output from April after prolonged cuts
Opec+ nations have reaffirmed their December decision to proceed with a gradual and flexible return of the 2.2 million bpd voluntary output adjustments starting April 2025, while remaining adaptable t
Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April while ...
Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...
OPEC+ has finally decided to go through with its long-delayed oil production increase, adding about 138,000 barrels per day ...
The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to "the healthy market ...
The increase is the first since 2022 from OPEC+, which includes the Organization of the Petroleum Exporting Countries, plus Russia and other allies. Oil was trading 2% lower towards $71 a barrel at 19 ...
Referring to Trump's request in January that OPEC increase output in order to lower oil prices, Tariq Zahir, managing member at Tyche Capital Advisors, told media the cartel and its allies "want to ...
OPEC+ output cuts have been in place for a long period of time, but continued demand growth makes OPEC+ relevant for years to ...
OPEC+, which includes OPEC members plus Russia and other allies, has been cutting output by 5.85 million barrels per day (bpd), equal to about 5.7% of global supply, agreed in a series of steps since ...
Khaleej Times on MSN3h
UAE to fully comply with Opec+ decision on extra voluntary oil productionThe UAE has reaffirmed its commitment to oil market stability and to complying with the additional voluntary adjustments ...
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