Oil slips as Trump repeats call for OPEC to reduce prices | Reuters
3 hours ago · Oil prices edged up on Monday, with traders still on edge despite the U.S. pulling back from initial sanctions threats against Colombia, reducing immediate concern over oil …
Key members of OPEC+ alliance are putting off ... - Associated Press News
Dec 5, 2024 · FRANKFURT, Germany (AP) — Eight members of the OPEC+ alliance of oil exporting countries decided Thursday to put off increasing oil production as they face weaker …
OPEC may soon lose its sway over global oil prices, IEA says - CNN
Jun 12, 2024 · OPEC+ has been restraining output for about two years in a bid to prevent the emergence of a huge supply surplus that could depress prices and hurt the oil-dependent …
Oil falls as Trump urges OPEC to lower prices | Reuters
4 days ago · Oil fell 1% on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his address at the World Economic Forum.
Oil prices settle pennies higher, down for week as Trump touts …
3 days ago · HOUSTON, Jan 24 (Reuters) - Oil prices settled slightly higher on Friday but posted a weekly decline, ending four straight weeks of gains, after U.S. President Donald Trump …
Oil Market News: Oil Prices Jump as OPEC+ Delays Output Hike
Nov 4, 2024 · Canadian oil companies saw their stock prices rise today, following OPEC's decision to delay planned production increases. This move by OPEC+ has tightened global oil …
Trump urges Opec countries to slash oil prices - BBC
4 days ago · Saudi Arabia is the leading member of Opec, a cartel of 12 oil-producing nations which has a remit to "work together to ensure stable oil prices". The price of crude fell by 1% …
Saudi Arabia is slashing oil supply. It could mean higher gas prices ...
Jun 6, 2023 · Leading oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in crude supplies to the global economy as the OPEC+ alliance …
News - OPEC
11 Dec 2024 | Vienna, Austria, 11 December 2024--The price of OPEC basket of twelve crudes stood at $71,92 a barrel on Tuesday, compared with $71,96 the previous day, according to …
OPEC to Meet Amid Signs of Waning Influence on Oil Prices
May 31, 2024 · In the latest sign of a relatively weak market, prices fell after tit-for-tat attacks by Israel and Iran did not disrupt oil supplies. They recovered modestly in anticipation of the …