OPEC
Oil Swings After OPEC+ Signals Plan to Return Barrels to Market
Business
(Bloomberg) — Oil swung between gains and losses after OPEC+ set out a plan to restore some production as early as October, ...
From China to OPEC+, here are the biggest wildcards that could jolt oil markets in 2024
Business
ANDREWS, TX – JANUARY 20: An oil pumpjack works at dawn in the Permian Basin oil field on January 20, 2016 in ...
OPEC+ can’t cut oil production enough to push crude prices higher, energy expert says
Business
Crude oil tankerGetty Images OPEC+ can’t cut oil output enough to push prices higher than where they’re at. According to one expert, ...
Angola leaves Opec oil cartel in output quota row
World
Angola has announced it is leaving the oil producers’ organisation Opec over a dispute on output quotas. It follows last month’s decision ...
Observers see OPEC ‘panicking’ as COP28 climate talks focus on possible fossil fuel phase-out
World
DUBAI, United Arab Emirates (AP) — Veteran negotiators at the United Nations climate talks Saturday said that the push to wean the ...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/BB4G5ATZT5NGNDA73WBCX22OMY.jpg "COP28 clashes over fossil fuel phase-out after OPEC pushback")
COP28 clashes over fossil fuel phase-out after OPEC pushback
World
Some members balk at fossil fuel phase-out inclusion Saudi, Russia push for focus on emissions not fuels Nations most affected by climate ...
OPEC and Saudi Arabia are losing their grip on the oil market as prices see the longest fall in 5 years
Business
Reuters OPEC and Saudi Arabia are losing their control over the world oil market. That’s due to booming US supply, which has ...
Putin and Saudis plead with Opec allies to press ahead with oil supply cuts
Business
Vladimir Putin and Mohammed bin Salman have both agreed to curb their countries’ oil output to help raise prices – AFP via ...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/7YRGRBEKY5PWPEFJFISTZQA5XE.jpg "Russia and Saudi Arabia urge all OPEC+ powers to join oil cuts")
Russia and Saudi Arabia urge all OPEC+ powers to join oil cuts
World
Putin discussed OPEC+ with MbS MbS emphasises need to commit to OPEC+ agreement Putin hosts Iranian president in Moscow MOSCOW, Dec 7 ...
Oil prices are crashing. Blame uncertain demand and booming US production.
Business
The Bouri oilfield, Libya’s biggest offshore field, is seen 130 km (81 miles) north of Tripoli October 9, 2013.REUTERS/Ismail Zitouny US and ...
