A return to maximum pressure on Iran, meanwhile, would affect crude supplies. That leaves a Dec. 1 meeting of OPEC+ ministers as the main focus, the analysts said. At that meeting, the Organization of ...

OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a ...

Investing.com-- Oil prices fell slightly in Asian trade on Friday, but were set for a positive weekly performance after the ...

Investing.com-- Oil prices fell Wednesday, weighed by a surge in the dollar after Republican Donald Trump was elected ...

Russia will stick to its commitments to the OPEC+ group of leading oil producers and has reached its promised oil output level of 9 million barrels per day, Deputy Prime Minister Alexander Novak said ...

Markets were also watching the U.S. presidential election and a top political meeting in China for more cues. Brent oil ...

Oil prices traded in a narrow range on Tuesday ahead of what is expected to be an exceptionally close U.S. presidential ...

Oil had risen in recent sessions after reports said the cartel was considering such a move, due to pressure on oil prices ...

The previous 23-year high remained stagnant since July 2023 until September's meeting, marking the new range of 4.75% to 5%. "The (Fed) has gained greater confidence that inflation is moving ...

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.

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 ...

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.