Oil Steadies as OPEC Uncertainty Counters China’s Economic Gain
Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ meeting for further direction.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto,
0253 GMT — Oil edges higher in the early Asian session, trading in a tight range. Markets are awaiting the outcome of the OPEC+ meeting, where the group is expected to delay voluntary production ...
OPEC+ has repeatedly stepped in to cut production and prop up prices when they start to fall below $70 per barrel. But as the ...
OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a ...
Output for August 2024 was revised higher by 4 kb/d and September 2024 output was revised higher by 25 kb/d compared to last ...
OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had shuttered ...
US President-elect Donald Trump threatens to drag the Middle-East region into a war if hostages are not released.
Saudi Arabia’s sway over OPEC long meant dominance of the global oil market. But the cartel’s fractious members are pushing to pump more, in part due to the expectation of growing competition from U.S ...
A broadening of US sanctions on tankers that haul Iranian crude has jammed a crucial cog of the trade, slowing the delivery ...
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