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Oil alliance OPEC+ zeroes in on group compliance after postponing output hike
Two OPEC+ delegates, who could only comment anonymously because of the sensitivity of the talks, told CNBC that the coalition has sharpened its focus on the conformity of its members. Undercompliance has been a repeat bane of the OPEC+ alliance,
Oil Price Expected to Weaken If OPEC+ Hikes Supply
Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting from December is adding to market nervousness.
OPEC+ set to go ahead with Dec oil output hike, sources say
OPEC+ is set to go ahead with a December oil output increase as its impact will be small should a plan for some members to make larger cuts to compensate for overproduction be delivered in September and later months,
OPEC+ Confirms it Has No Specific Price Target For Crude Oil
Despite recent rumors, sources within OPEC+ have confirmed there's no specific price target for crude oil, including the oft-discussed $100 per barrel
OPEC+ set to go ahead with December oil output hike, sources say
The output increase in December is not about regaining market share, it is about a small number of countries phasing out their voluntary output cuts, one of the OPEC+ sources said
Oil prices slide 3% on prospect of more OPEC+ oil
Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world's top crude exporter, will give up its $100 price target in preparation for raising output, along with OPEC members and allies in December.
11h
OPEC+ not planning any talks on oil production, says Russia
OPEC+ is not planning any immediate talks around oil production cuts or increases, according to a senior Russian Government ...
Opinion
2d
Opinion
The Cheating Game Inside the OPEC+ Oil Cartel
OPEC+ officials love to make Hollywood film references. Need to bash renewable energy? Gone With the Wind. Attack whoever ...
Rigzone
13h
What is Likely to Happen at Next OPEC+ Meeting in December?
A statement posted on OPEC’s website on June 2 revealed that the 38th OPEC and non-OPEC Ministerial Meeting will be held on ...
اخبار 24
2d
OPEC+ to go ahead with plans to boost oil output
OPEC+
, which groups OPEC members and its allies, will go ahead with a planned oil production increase in December but first ...
19h
Natural Gas and Oil Forecast: Oil Prices Weaken as OPEC+ Cuts Ease; Eyes on $2.72 Gas Pivot
Oil prices fall as OPEC+ production increases, while natural gas tests key support at $2.72. Can markets regain momentum amid ...
الشرق الأوسط
17h
Putin: Russia to Continue Cooperation with OPEC+
Russian President Vladimir Putin said on Thursday that his country will continue to develop cooperation with the Organization ...
14h
OPEC+ not planning any talks on oil production plans, says Russia
OPEC+ is not planning any immediate talks around oil production cuts or increases, according to a senior Russian Government figure. Alexander Novak, Russia’s Deputy Prime Minister, said the grouping ...
5h
on MSN
Oil prices set for weekly loss on prospect of increased supply
Oil futures edged higher in Friday dealings but remained on track for a weekly loss on expectations OPEC+ will boost ...
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