Oil jumps nearly 3% after OPEC+ delays output hike, US election in focus
Oil prices climbed nearly 3% on Monday on OPEC+'s decision for a month's delay in plans to increase output, while investors also focused on the U.S. presidential election.
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.
Why OPEC+ Delayed Its Planned Oil Production Increase
OPEC+ has delayed its planned production increase for a second time, citing market conditions and geopolitical uncertainties.
Russia's oil output at 9 million bpd as promised to OPEC+, Novak says
Russia will stick to its commitments to the OPEC+ group of leading oil producers and has reached its promised oil output level of 9 million barrels per day, Deputy Prime Minister Alexander Novak said on Wednesday.
Oil Gains as OPEC+ Further Delays Output Hike
Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid growing concerns about weaker global demand and lower prices.
Aramco Cuts Oil Prices to Asia for December After OPEC+ Delay
Saudi Arabia lowered oil prices for buyers in Asia for December after members of the OPEC+ producers group said they will push back production increases by one month.
Oil rises nearly 2% after OPEC+ delays output hike, US election in focus
Oil prices climbed nearly 2% on Monday on OPEC+'s decision to delay plans to increase output by a month, while the market braced for a critical week in which Americans will elect a new president. Brent futures were up $1.
OPEC+ production hike delay may signal oil price concerns, analysts say
OPEC+ had been due to increase monthly output by 180K bbl/day starting in December, but the mere one-month extension on its ...
Crude Oil Prices5h
OPEC+ Tapering Mechanisms Will Continue To Dictate Oil Prices
Commodity experts at Standard Chartered have predicted that actions by OPEC+ are likely to determine the near-and mid-term oil price trajectory ...
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Oil gains more than $1 after OPEC+ delays output hike
BEIJING/SINGAPORE (Reuters) -Oil prices extended gains on Monday, rising more than $1 on a decision by OPEC+ to delay by a ...
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OPEC+ will discuss current situation on global oil market at next meeting, reach decisions on actions as of Jan 1 - deputy PM
SOCHI. Nov 6 (Interfax) - The Joint Ministerial Monitoring Committee (JMMC) will discuss the current situation on the global oil market in December and will reach decisions on further actions to be ...
Russia Says October Crude Output Was in Line With OPEC+ Target
Russian data show the nation’s crude production in October was almost in line with its target under the OPEC+ agreement, according to people familiar with figures from the Energy Ministry. The ...
OPEC+ is ‘very realistic’ on oil demand, Dan Yergin says
Daniel Yergin of S&P Global discusses the OPEC+ output hike delay. Saturday Night Live’s Bowen Yang and Chappell Roan hold ...
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Will USA Election Outcome Affect OPEC+ Policy?
Rigzone talks to representatives of Hartree Partners, the Heritage Foundation, and the American Enterprise Institute.