OPEC oil output rises

Brent Crude - Oil Prices Rise As OPEC+ Extend Output Cuts
Oil prices opened $1 dollar higher following the weekend to trade at 73.80 a barrel when markets opened. Click to read.
Oil prices end at highest in a week after OPEC+ delays output hike by another month
Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary production cuts. Natural-gas prices also rallied as a potential hurricane looked to be heading into the Gulf of Mexico.
Oil Prices Edge Higher on Extended OPEC Cuts. Why the Boost May Not Last.
Crude is still down substantially over the last 12 months. U.S. producers have kept output high and China’s economic slump is denting demand.
OPEC+ extends oil output cuts by 1 more month, prices edge up
Eight members of the OPEC+ group of oil-producing nations announced on Sunday they were extending voluntary supply cuts for one more month, until the
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas
OPEC Extends Its Oil Output Cuts by One Month Until the End of December
Saudi Arabia and allied oil producing countries say they will postpone a plan to gradually increase oil output until the end of the year
OPEC extends oil output cuts through the end of December
Saudi Arabia and allied oil producing countries said on Sunday they would postpone a plan to gradually increase oil output until the end of the year, extending their output cuts by one month.
‘Too much doom and gloom': OPEC chief is bullish on oil demand despite extended production cuts
The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply.
OPEC is not going to release all the oil production that they stopped to balance the price, Eni CEO says
Eni CEO Claudio Descalzi discusses the OPEC+ output hike delay. Final Polls Are Out, Including That Iowa Shocker: Live Election Updates Father-daughter duo decipher message coming from Mars Bill Gates-backed start-up aims to revolutionize wind energy with new design — and you could soon see it in action Got $1,
Eight OPEC+ members extend oil supply cuts until year end
Eight members of the OPEC+ group of oil-producing nations said on Sunday they were extending supply cuts until the end of December. The move is aimed at boosting oil prices amid uncertain demand and accelerating supply,
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...
Oil News: Crude Prices Rise on OPEC+ Delay, Election Impact From Trump, Harris
Oil prices see upward momentum from speculators as OPEC+ delays output. Trump vs. Harris election outcome could shape the U.S ...
Marketplace1d
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 ...
OPEC+ production hike delay may signal oil price concerns, analysts say
"This delayed supply increase means that maybe the group is more willing to support prices than many believe." For its part ...
OPEC actions increasing volatility and hampering new investment in oil and gas, Eni CEO says
OPEC+ oil supply cuts and recent efforts to unwind them have increased volatility in energy markets and hampered investment in new production, the CEO of Italian energy company Eni said on Monday.
Rigzone1d
OPEC Plus Delays Production Increase as Crude Prices Struggle
OPEC+ agreed to push back its December production increase by one month, the second delay to its plans to revive supply as ...
Saudi Aramco Q3 profit drops 15.4% amid lower oil prices
Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, ...