The OPEC+ group has made progress in talks with its African producers over their oil output quotas next year, three OPEC+ sources told Reuters on Friday, after the alliance had to postpone this weekend’s meeting over the […]
Investing LONDON – Oil prices tanked 4% on Wednesday as OPEC+ producers unexpectedly delayed a meeting on output planned for Sunday, raising questions about the future course of crude production cuts. Source: Reuters futures was […]
Nasdaq MOSCOW – As the world’s most powerful oil producers ponder further supply cuts, Russia has little incentive for a radical change as its energy revenue is strong, oil prices are higher than its forecasts […]
Investing Brent and U.S. crude futures climbed more than 2.5%, gaining $2 a barrel on Monday, as further supply cuts in OPEC+ production are expected in the coming weeks. Source: Reuters Brent crude futures were up $2.19 to […]
Daily Standup Top Stories Opinion: Net-zero policies colliding with economic reality November 17, 2023 Mariel Alumit Across the advanced economies, the politics of net zero are colliding with reality, yet most politicians seem oblivious to the dynamics at […]
OPEC+ meets to set policy on Nov. 26 Oil has fallen to four-month low this week Saudi Arabia expected to extend voluntary cut – Energy Aspects MOSCOW/LONDON, Nov 17 (Reuters) – OPEC+ is set to […]
CNBC Oil prices rose on Friday, a day after sinking 5% to a four month-low on growing worries about burgeoning non-OPEC supply and cooling demand. The West Texas Intermediate contract for December rose $2.21, or 3.03%, to $75.11 […]
Oil Price Goldman Sachs expects OPEC to not let oil prices slide too much below $80 per barrel next year and use its pricing power to keep them in the $80-$100 range, the bank said […]
Speculative funds have continued to move towards the short side of crude oil markets, analysts at Standard Chartered noted in a new report sent to Rigzone this week. “Money-manager shorts across the four main Brent […]
Oil Price OPEC’s crude oil production rose in October by 80,000 barrels per day (bpd) compared to September, but the output at the countries bound by the OPEC+ pact continued to be well below the […]
Copyright © 2025 | Sandstone Group