Yahoo Canada Web Search

Search results

1. www.reuters.com › business › energyOPEC+ may stick with deep oil cuts for longer due to weak ...

   www.reuters.com › business › energy

   1 day ago · This has left OPEC+ maintaining output cuts for longer than it had thought. The group has cut output by 5.86 million barrels per day, or about 5.7% of global demand, in a series of steps agreed ...

2. www.reuters.com › markets › commoditiesOPEC+ agrees to delay December output hike for one month

   www.reuters.com › markets › commodities

   Nov 3, 2024 · OPEC+ next scheduled to meet on Dec. 1. LONDON/DUBAI/MOSCOW, Nov 3 (Reuters) - OPEC+ has agreed to delay a planned December oil output increase by one month, the group said on Sunday,...

3. Videos

   • 

     26:01

     youtube.com

     Will the OPEC+ oil output cut make inflation worse? | Counting the Cost

     Apr 8, 2023

     43.7K Views

   • 

     1:52

     youtube.com

     OPEC+ to ramp up oil output

     Jun 2, 2022

     7K Views

   • 

     4:13

     youtube.com

     OPEC releases 2022 World Oil Outlook

     Oct 30, 2022

     3K Views

   View all

4. www.reuters.com › business › energyOPEC+ could delay December oil output hike, sources say

   www.reuters.com › business › energy

   Oct 30, 2024 · OPEC+ could delay December's planned increase to oil production by a month or more, four sources close to the matter told Reuters on Wednesday, citing concern about soft oil demand and...

5. www.bnnbloomberg.ca › business › internationalOil Traders Split on Whether OPEC+ Will Hike Supply in December

   www.bnnbloomberg.ca › business › international

   Oct 29, 2024 · OPEC+ has agreed to restore a total of 2.2 million barrels per day of halted output in monthly tranches through to late 2025. Ministers will gather on Dec. 1 to consider the hikes scheduled for early next year.

6. energynow.com › 2024 › 10OPEC+ Could Delay December Oil Output Hike, Sources Say

   energynow.com › 2024 › 10

   • Cached

   Oct 31, 2024 · The OPEC+ group combining the Organization of the Petroleum Exporting Countries plus Russia and other allies is scheduled to raise output by 180,000 barrels per day in December. It had already delayed the increase from October because of falling prices.

7. www.msn.com › en-us › moneyOil rises as sources say OPEC+ may delay planned December oil ...

   www.msn.com › en-us › money

   OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies such as Russia, is scheduled to raise output by 180,000 barrels per day in December. The group has cut output...

8. People also ask

   Will OPEC+ increase oil output in December?

   • OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies such as Russia, is scheduled to raise output by 180,000 barrels per day in December. The group has cut output by 5.86 million bpd, equivalent to about 5.7% of global oil demand.

   Oil rises as sources say OPEC+ may delay planned December oil output …

   www.msn.com/en-us/money/markets/oil-rises-as-sources-say-opec-may-delay-planned-december-oil-output-increase/ar-AA1tczvI

   See all results for this question

   How has OPEC+ impacted oil prices?

   • This has left OPEC+ maintaining output cuts for longer than it had thought. The group has cut output by 5.86 million barrels per day, or about 5.7% of global demand, in a series of steps agreed since 2022 to support the market. Despite OPEC+'s cuts and delays to output hikes, oil prices have mostly stayed in the $70-$80 per barrel range this year.

   OPEC+ may stick with deep oil cuts for longer due to weak demand

   www.reuters.com/business/energy/opec-may-stick-with-deep-oil-cuts-longer-due-weak-demand-2024-11-20/

   See all results for this question

   Why did OPEC+ cut output in December 2022?

   • OPEC+ agreed those cuts in separate steps since 2022 to support the market. The December increase is due to come from the eight OPEC+ members who agreed in September to start a gradual unwinding of the group's most recent layer of output cuts - a cut of 2.2 million bpd - from December 2024 into next year.

   OPEC+ could delay December oil output hike, sources say

   www.reuters.com/business/energy/opec-could-delay-planned-december-oil-output-hike-sources-say-2024-10-30/

   See all results for this question

   Will OPEC plus increase production?

   • OPEC Plus had first announced in June that it would gradually increase production by an estimated 2.2 million barrels a day, or around 2 percent of global supplies, in October. That had been a major source of concern for the markets. Then, in September, the group announced a delay until at least December.

   With Oil Prices Weak, OPEC Plus Postpones Increases Again

   www.nytimes.com/2024/11/03/business/opec-plus-oil-production.html

   See all results for this question

   Will OPEC+ delay oil prices?

   • Oil prices closed on Friday just above $73 a barrel, supported in part by the prospect of a further delay to the OPEC+ increase. Even so, Brent crude is still not far from its lowest levels this year of below $69, reached in September. OPEC+ had already delayed the increase from October because of falling prices, weak demand and rising supplies.

   OPEC+ agrees to delay December output hike for one month

   www.reuters.com/markets/commodities/opec-agrees-delay-december-output-hike-one-month-sources-say-2024-11-03/

   See all results for this question

   Could OPEC hike be delayed?

   • A decision to delay the increase could come as early as next week, two of the sources said. "The December hike could be postponed as the market is not healthy enough," one of the sources said. The prospect of a further delay to the OPEC+ increase helped to lift oil prices by more than 2% on Wednesday.

   OPEC+ could delay December oil output hike, sources say

   www.reuters.com/business/energy/opec-could-delay-planned-december-oil-output-hike-sources-say-2024-10-30/

   See all results for this question

9. www.nytimes.com › opec-plus-oil-productionWith Oil Prices Weak, OPEC Plus Postpones Increases Again

   www.nytimes.com › opec-plus-oil-production

   Nov 3, 2024 · Saudi Arabia and seven other oil-producing countries said on Sunday that they would postpone plans to gradually increase oil output until the end of December, according to a news release...