OPEC
Saudi Arabia could ‘flush’ the oil market with a flood of supply to regain control over prices in the face of rising US production, crude expert says
Photo by Christian Ender/Getty Images Saudi Arabia may “flush” the market with a flood of supply that would sink prices, ...
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OPEC+ agrees oil output cuts approaching 2 mln bpd, sources say
FILE PHOTO: OPEC’s logo is seen in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic Acquire Licensing Rights Producers met ...
OPEC+ suppliers struggle to agree on cuts to oil production
LONDON (AP) — The OPEC oil cartel led by Saudi Arabia and allied producers including Russia will try to agree ...
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OPEC+ talks focusing on deeper oil cut, sources say
DUBAI/LONDON, Nov 29 (Reuters) – OPEC+ talks on 2024 oil policy ahead of a Thursday ministerial meeting were focusing on ...
Oil Rises as Traders Parse OPEC+ Signals, Fed’s Rate Comments
(Bloomberg) — Oil rose as OPEC+ members continued negotiations over output levels and a Federal Reserve official signaled the central ...
Oil Declines for Fourth Day on OPEC+ Intrigue and Risk-Off Tone
(Bloomberg) — Oil fell for a fourth day as traders looked ahead to this week’s delayed OPEC+ meeting and wider ...
Saudi Arabia may make surprise oil cuts, sending prices soaring and the futures market into backwardation, says a 30-year energy expert
sefa ozel/Getty Images Oil prices fell on Thursday after OPEC delayed its meeting from November 26 to November 30. It’s ...
Oil Collapses Into Bear Market as Robust Supply Pressures OPEC+
(Bloomberg) — Oil headed for a fourth weekly loss after sinking into a bear market as signs of healthy supplies ...
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Saudi Arabia, other Arab states reaffirm commitment to voluntary oil production adjustments
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) ...