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Oil prices, OPEC
Crude oil prices drop ahead of OPEC meeting
Crude oil prices have dropped amid anxiety surrounding the Organization of Petroleum Countries meeting at the weekend. Brent crude futures fell by $1.74, or 2.1 percent to settle at $81.86 a barrel. Similarly,
Oil prices little changed after OPEC+ extends output cuts
OPEC+ extended 3.6 million barrels per day in production cuts through the end of 2025. OPEC+ members will phase out 2.2 million bpd in voluntary cuts over 12 months starting in October. JPMorgan said the decision is largely neutral for oil prices in 2024.
OPEC to Meet Amid Signs of Waning Influence on Oil Prices
Major producers, including Saudi Arabia and Russia, are set to gather virtually on Sunday. They are expected to maintain production cuts amid signs of a softening market.
Oil Prices Move Higher as All Eyes Turn to OPEC+
Oil prices started the week in green as the market began to focus on the upcoming OPEC+ meeting which is expected to result in the extension of current production cuts.
Oil prices mixed after OPEC+ plans to gradually unwind some production cuts
Oil futures traded lower early Monday after swinging between gains and losses as traders assessed a decision by OPEC+ to extend cuts by the group into 2025 but to begin unwinding some additional, voluntary reductions later this year.
Oil prices slip despite OPEC+ production cut extension
Oil prices fell early on Monday, despite a move by producer group OPEC+ to extend deep output cuts well into 2025.
Oil prices fall as OPEC+ plans to unwind cuts
Oil prices fell Monday as the OPEC+ group of major crude producers signalled they would start to unwind output cuts later this year.
OPEC+ extends oil cuts to 2025
OPEC+ has announced an extension of its substantial oil production cuts into 2025, aiming to stabilise the market amid sluggish demand growth, elevated interest rates, and increasing U.S. oil production.
USA Today
5h
Crude oil prices today: WTI prices are up 4.74% YTD
What is the
price
of crude
oil
today? WTI futures traded at $76.92 per barrel, as of 9 a.m. ET. Year to date, WTI ...
Midland Reporter-Telegram
1d
Oil prices have worst month since November
US crude prices posted their worst month since November ahead of this weekend’s meeting of the Organization of Petroleum Exporting Countries and allied nations. Prices continue to be pressured by ...
Crude Oil Prices
2d
U.S. Gasoline Prices Continue to Drop
U.S. gasoline prices continue to drop after Memorial Day weekend, with the national average falling to $3.56 per gallon.
USA Today
13d
Crude oil prices today: WTI prices are down 0.98% today
What is the
price
of crude
oil
today? WTI futures traded at $78.61 per barrel, as of 9 a.m. ET. Year to date, WTI ...
Augusta Free Press
58m
Gas prices drop a nickel over the past week: What’s the short-term trend?
Gas prices are down nearly a nickel from last week, and it’s looking like things should be on a downward trend at least ...
3d
Oil price forecasts cut as supply risks trend lower, Reuters poll finds
Analysts have lowered their 2024 oil price forecast for the first time since February, reflecting lower risks to supply from ...
The Mirror
3h
Saudi Arabia and its oil-producing allies extend output cuts amid low prices
The OPEC+ alliance, made up of members of the producers cartel and allied countries including Russia, extended three ...
GlobalData on MSN
5d
When will olive oil prices normalise?
Global olive oil prices have surged in recent times following weak harvests from the chief production regions.
3d
on MSN
Oil prices sink as wider market selloff continues and data show rise in fuel stocks
Oil futures ended lower Thursday, feeling pressure as equities and other assets perceived as risky extended a selloff and ...
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