Oil prices (BZ=F, CL=F) are trading lower on Monday after OPEC+ announced an extension of production cuts into 2025. Bob McNally, founder & president of Rapidan Energy, joins Catalysts to discuss his
OPEC+ extended 3.6 million barrels per day in production cuts through the end of 2025. OPEC+ members will phase out 2.2 million bpd in voluntary cuts over 12 months starting in October.
Oil futures traded lower early Monday after swinging between gains and losses as traders assessed a decision by OPEC+ to extend cuts by the group into 2025 but to begin unwinding some additional, volu
Amena Bakr, Senior Research Analyst at Energy Intelligence, and Helima Croft, Head of Global Commodity Strategy at RBC Capital Markets, discuss oil prices following the latest OPEC+ production decisio
Saudi Aramco's top executives are set to hold a series of events in London and the US to drum up demand for the oil giant's $12 billion share sale, five years after it scrapped an international roadsh
OPEC+ extended its production cuts as it seeks to bolster a fragile market, but also set a date to begin bringing some oil back online later this year. Bloomberg News' Anthony DiPaola discusses with J
OPEC+ agreed on Sunday to extend voluntary supply reductions in a bid to support the energy market. But, as Joumanna Bercetche reports, the group also set a date to begin bringing some oil back online
The group agreed to extend cuts of 3.66 million barrels per day by a year until the end of 2025. It will also prolong the cuts of 2.2 million barrels per day by three months until the end of September
The OPEC+ alliance has agreed to extend output cuts through next year, likely keeping prices high through the November presidential election.

OPEC+ Extends Production Cuts Into Next Year

03:16pm, Sunday, 02'nd Jun 2024
The OPEC+ alliance, which includes Saudi Arabia and Russia, two of the world's Top 3 oil producing countries, met in Riyadh, Saudi Arabia at the 37th OPEC and non-OPEC Ministerial Meeting. The group r
OPEC+ oil group awaits concrete interest rate cuts before factoring impact on demand: Saudi energy minister
OPEC+ agreed on Sunday to extend production cuts in an effort to support oil prices in the face of worries about global demand and rising U.S. output, but will begin to phase out some voluntary reduct
The influential Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, on Sunday agreed to extend its official crude output agreement into 2025. The coalition w
The deal comes the same day Saudi Arabia launches a share sale for Aramco, yielding billions for the country's economic transformation.
Books opened early Sunday morning offering a price range between 26.70 ($7.12) and 29 Saudi riyals per share. Aramco on Thursday announced its plan to sell 1.545 billion shares — a stake of around 0
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