OPEC oil output rises

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.
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 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
Oil Prices Spike After OPEC+ Delays Production Cut Decision
OPEC+ delayed a planned increase in oil production, causing prices to rise as analysts debate the long-term impact on the market.
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,
OPEC extends its oil output cuts by one month until 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. No reason was given for the move,
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 ...
Marketplace2d
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 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.
Oil Prices Spike By Over 3% As OPEC+ Delays Production Increases Ahead Of US Elections: 5 Energy ETFs To Watch Monday
The Biden-Harris administration has imposed extensive sanctions on Russia; a second Trump administration would likely nix ...
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 ...
Why oil prices may stall amid looming supply glut?
Even as the oil market struggles to break out of its current range, adequate supply going into 2025 is likely to keep prices ...
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 ...