OPEC is not going to release all the oil production that they stopped to balance the price, Eni CEO says
Eni CEO Claudio Descalzi discusses the OPEC+ output hike delay.
Marketplace11d
OPEC postpones plans to increase production — again
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WSB-TV11d
OPEC extends its oil output cuts by one month until the end of December
In June, OPEC said 2.2 million barrels a day in voluntary cuts were extended until September but would then be gradually reduced month by month until they are eliminated by September 2025.
Commodity Roundup: Gold extends decline amid prospects of fewer rate cuts
Gold extended its retreat to a third-straight session, hitting its lowest level in a month on Tuesday, as investors continue ...
The New York Times12d
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Prices for U.S. crude also rose about 2 percent to above $71 a barrel. OPEC Plus had first announced in June that it would gradually increase production by an estimated 2.2 million barrels a day ...
Crude Oil Prices29d
Is IEA Overhyping OPEC's Spare Capacity?
OPEC's spare oil production capacity is the go-to argument by many analysts when the threat of higher prices rears its head. The latest International Energy Agency monthly report was no exception.
Boston Herald10d
Ticker: OPEC extends oil output cuts; Feds end Ford engine probe
In June, OPEC said 2.2 million barrels a day in voluntary cuts were extended until September but would then be gradually reduced month by month until they are eliminated by September 2025.