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  1. May 28, 2024 · LONDON, May 28 (Reuters) - OPEC+ is working to agree oil production capacity for its member countries by the end of 2024, an issue that has created tensions in the past because each nation's output...

  2. Nov 4, 2024 · Oil prices climbed nearly 3% on Monday on OPEC+'s decision for a month's delay in plans to increase output, while investors also focused on the U.S. presidential election.

  3. 1 day ago · The last time OPEC did this was in 2014-2015, when it raised output to squeeze U.S. shale firms. ... OPEC+'s oil output is equal to 48% of world supply, the lowest since it was formed in 2016 with ...

  4. Jun 5, 2023 · David Fyfe, of the oil industry research group Argus Media, says that the most recent production cut may force prices above the $80 a barrel mark, but says that they may not rise far beyond that...

  5. May 28, 2024 · OPEC+ is working to agree oil production capacity for its member countries by the end of 2024, an issue that has created tensions in the past because each nation’s output target is calculated...

  6. Nov 2, 2024 · If OPEC+ output increases as planned, oil prices could drop as low as $40 a barrel by March, S&P Global analyst says

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  8. Apr 1, 2021 · The Opec+ oil alliance decided on Thursday to increase output gradually from May as pressure mounts from inside and outside the producers group to release more barrels on to the market and...