Oil prices climbed nearly 3% on Monday on OPEC+'s decision for a month's delay in plans to increase output, while investors ...
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...
Oil futures posted strong gains Monday after OPEC and its allies delayed plans to start unwinding production cuts by ...
Yet again, OPEC has postponed plans to increase oil production until at least the end of the year. That drove oil futures ...
OPEC+ has delayed its planned production increase for a second time, citing market conditions and geopolitical uncertainties.
Last month, OPEC reduced its outlook for oil demand for 2024 and 2025, citing data received so far this year. "This delayed supply increase means that maybe the group are more willing to support ...
Live, rolling coverage of business, economics and financial markets. Europe's factories stuck in 'rut', economists say ...