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At Close: Jun 05, 2026
COP28 Will Generate Headlines But Not Much Else
07:47am, Friday, 01'st Dec 2023
COP28 will not seriously address the problem of energy poverty, because it requires either expensive renewables or 'bad' fossil fuels.
Oil Prices Forecast: Mixed Reactions to OPEC+'s Production Strategy
12:38am, Friday, 01'st Dec 2023
OPEC+'s latest strategy, impacting crude oil futures, seeks to adjust supply in response to 2024's economic outlook.
Oil prices fall, extend slide after OPEC+ cuts underwhelm
08:40pm, Thursday, 30'th Nov 2023
Oil prices fell in early Asian trade on Friday, extended losses after OPEC+ producers agreed to voluntary oil output cuts for the first quarter next year that fell short of market expectations.
U.S. oil production is a 'real problem for OPEC', says top energy analyst Paul Sankey
06:25pm, Thursday, 30'th Nov 2023
Paul Sankey, Sankey Research, joins 'Fast Money' to talk today's OPEC+ meeting, what's ahead for the energy markets and more.
Saudi Arabia extends oil production cuts into start of 2024
06:11pm, Thursday, 30'th Nov 2023
OPEC+ announced Thursday that it is deepening oil production cuts, but crude prices actually dropped amid investor skepticism over the supply curb.
OPEC+ Switches From ‘Saudi Lollipop' To A Group Fudge Of Voluntary Output Cuts
03:20pm, Thursday, 30'th Nov 2023
A skeptical crude oil market was seeking another 'Saudi Lollipop' but got treated to an unedifying OPEC+ fudge instead as the group offered 2.2 mbpd in voluntary cuts.
Why Gas Prices Are Likely To Spike Again
03:00pm, Thursday, 30'th Nov 2023
Gas prices were finally starting to go down, but a new OPEC+ deal means they're expected to rise soon.
U.S. oil futures settle more than 2% lower after OPEC+ announces voluntary output cuts
02:51pm, Thursday, 30'th Nov 2023
U.S. oil futures settled with a loss of more than 2% on Thursday, even as OPEC+ announced that several of its member countries agreed to voluntary cuts totaling 2.2 million barrels a day for the first
Why oil prices are dropping despite OPEC+ pledge to make additional production cuts early next year
02:23pm, Thursday, 30'th Nov 2023
It's a bit surprising to see oil prices decline sharply after major oil producers pledged additional production cuts for the first quarter of next year, but that's exactly what's happened Thursday fol
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Despite OPEC+ Production Cuts
01:16pm, Thursday, 30'th Nov 2023
OPEC+ producers agreed to 2 million bpd of voluntary production cuts.
US crude production in September rose to monthly record - EIA
12:57pm, Thursday, 30'th Nov 2023
U.S. crude production in September rose to a new monthly record of 13.24 million barrels per day, helped by a large increase in North Dakota, home to the Bakken shale, Energy Information Administratio
U.S. crude oil falls more than 2% as skepticism mounts over OPEC cuts
12:25pm, Thursday, 30'th Nov 2023
Traders are concerned the cuts are only voluntary, raising the question of whether OPEC+ can follow through and curtail output, an analyst said.
Oil kingpin Saudi Arabia extends its production cut into first quarter as OPEC+ leaves its official policy unchanged
12:11pm, Thursday, 30'th Nov 2023
The OPEC+ alliance had already instituted a 2 million-barrels-per-day cut in place until the end of 2024.
Oil prices drop as OPEC+ announcement offers no details on production cuts
11:59am, Thursday, 30'th Nov 2023
Oil prices dropped in Thursday dealings, giving up early gains, after an official press release from the Organization of the Petroleum Exporting Countries and their allies made no mention of what earl
Oil futures gains as OPEC+ reportedly reaches a deal to cut output by an additional 1 million barrels per day
09:58am, Thursday, 30'th Nov 2023
Oil futures climbed on Thursday after the Organization of the Petroleum Exporting Countries and their allies, together known as OPEC+, reached an agreement to reduce their monthly overall production b
