Oil prices could stall in 2025 as economic weakness in China clouds the demand picture and ample global supplies outweigh ...
The OPEC+ alliance of oil-producing countries has postponed its next meeting on output policy to Dec. 5 from Dec. 1 to avoid ...
Devon Energy fundamentals are strong, with record-breaking production and efficiency gains, particularly in the Delaware ...
OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, ...
When OPEC+ ministers meet this weekend, they confront the unpalatable choice: continue to curb oil-supplies well into 2025, ...
The OPEC+ oil alliance has postponed a meeting to decide the next steps of its crude production strategy to Dec. 5, two ...
OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the US shale ...
On the other side, traders need to look towards $67.12 – a level that held the price in May and June 2023 – to find the first support. In case that breaks, the 2024 year-to-date low emerges at $64.75, ...
Oil was steady as traders watched for any further clues to OPEC ’s production plans after it delayed a key virtual meeting by four days.
Crude oil prices are poised to face bearish pressures in the short term as geopolitical risks ease and demand concerns linger ...
We think the best strategy is a delay in unwinding, perhaps even well beyond the end of Q1', Standard Chartered analysts said ...
OPEC+ postponed its meeting on oil production plans to December 5th due to scheduling conflicts, with the group expected to ...