Market Await OPEC Meeting Results

OPEC’s Dilemma: Another Year of Supply Curbs or Price Slump
When OPEC+ ministers meet this weekend, they confront the unpalatable choice: continue to curb oil-supplies well into 2025, or risk a renewed price slump.
OPEC+ production cuts may support oil prices in near term, Goldman Sachs says
Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest near term upside to Brent prices, Goldman Sachs said.
Oil Prices Steady; Market Await OPEC Meeting Results
Oil prices were flat in early Asian trading. The market is waiting for the next move by OPEC, ANZ research analysts said.
OPEC+ Delays Key Oil Policy Meeting to December 5
OPEC+ postponed its meeting on oil production plans to December 5th due to scheduling conflicts, with the group expected to maintain production cuts in the new year.
Oil prices are steady, OPEC sets meeting to talk turkey
Crude oil prices have stabilized in recent weeks as traders gear up for a meeting of OPEC and its allies. There are signs that OPEC and its partner oil producing countries will once again put off restoring some output. But at the same time, a cease-fire agreement between Israel and Hezbollah has eased geopolitical risk.
Oil News: Inventory Surprises and OPEC Meeting Delay Cloud Outlook
Unexpected U.S. gasoline build dampens oil demand outlook. OPEC+ meeting delay adds to uncertainty for crude oil futures.
Oil prices end little changed as traders weigh supply data and await OPEC+ meeting
Oil futures finished on a mixed note, with U.S. and global benchmark prices little changed Wednesday as traders turned their attention to a weekend meeting
Crude Oil Prices1h
All Eyes on OPEC as Bearish Bias Remains Firm
Crude oil prices are poised to face bearish pressures in the short term as geopolitical risks ease and demand concerns linger ...
OPEC unlikely to raise production in short term, commodity trading bosses say
OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, ...
Legit on MSN4h
OPEC+ postpones meeting on oil output to December 5
The OPEC+ alliance of major oil-producing nations has postponed a weekend meeting to December 5 in what analysts said were ...
Rigzone4h
Market Circumstances Not Supportive of OPEC+ Cut Unwind, StanChart Says
We think the best strategy is a delay in unwinding, perhaps even well beyond the end of Q1', Standard Chartered analysts said ...
OPEC+ Has Little Room to Revive Oil Supply, Iran Official Says
OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the US shale ...
Trump’s oil-drilling plans may pose a big problem for OPEC+
OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in ...
AFP on MSN6h
The ministerial meeting of the OPEC+ alliance initially scheduled for Sunday has been pushed back to December 5, the Vienna-based Organization of the Petroleum Exporting ...
The meeting of the 22-member OPEC+ group led by Saudi Arabia and Russia has "been rescheduled to... 5 December 2024, as several Ministers will be attending the 45th Gulf Summit in Kuwait City," their ...
US crude inventories drop more than expected, but product stocks rise as oil market shifts focus to OPEC meeting
Crude oil inventories in the US fell more than expected in the week ended November 22 as imports plunged, the US EIA said.