Tag: OPEC

0 0 0 Comment
Posted in HEADLINES

U.S. oil benchmark ends slightly lower as OPEC+ debates next move

The U.S. oil benchmark ended slightly lower Friday as traders awaited the outcome of a meeting of the Organization of…

0 0 0 Comment
Posted in HEADLINES

Oil jumps, but ends off highs, as OPEC+ decision on output boost is delayed

Oil future ended solidly higher, but off session highs, after news reports said a dispute between the United Arab Emirates…

0 0 0 Comment
Posted in HEADLINES

Oil ekes out small gain to finish higher as traders await OPEC+ meeting

Oil futures ended a choppy session with a small gain Tuesday as traders await a Thursday meeting of the Organization…

0 0 0 Comment
Posted in HEADLINES

Oil futures end higher, even as talk of a possible OPEC+ output increase grows

Oil futures settled higher on Friday, with U.S. prices up more than 3% for the week, buoyed by expectations for…

0 0 0 Comment
Posted in HEADLINES

OPEC+ officially announces a deal to gradually raise oil production starting in May

The Organization of the Petroleum Exporting Countries and their allies, together known as OPEC+, announced Thursday that they’ve reached an…

0 0 0 Comment
Posted in HEADLINES

Oil prices settle higher after OPEC+ agrees to incremental increases in output

Oil futures settled higher on Thursday, after the Organization of the Petroleum Exporting Countries and their allies agreed to incremental…

0 0 0 Comment
Posted in HEADLINES

Oil futures end higher, buoyed by ongoing OPEC+ vow to cut output

Oil futures rose Wednesday, with U.S. prices logging another finish at their highest in a year, as traders remained encouraged…

0 0 0 Comment
Posted in HEADLINES

Oil futures end higher for the session, gain for the week after OPEC+ decision on output

Oil futures rose on Friday, contributing to a gain for the week. Prices found support after the Organization of the…

0 0 0 Comment
Posted in HEADLINES

Saudi energy minister voices OPEC+ commitment to ‘predict, prevent and be proactive’ in the oil market

Saudi Energy Minister Prince Abdulaziz bin Salman on Monday said that the Organization of the Petroleum Exporting Countries and its…

0 0 0 Comment
Posted in HEADLINES

Oil futures rally on signs of economic recovery and bets that OPEC+ will extend output cuts

Oil futures rallied Friday, buoyed by better-than-expected data on U.S. employment and expectations that the Organization of the Petroleum Exporting…