Showing results for "#OPEC+"
Oil prices fall, world share prices mixed in thin holiday trading
US crude oil is down about 17 per cent for the year. According to AAA, gasoline is selling for an average of about USD 3.17 per gallon, down from USD...
OPEC+ members extend oil output cuts to Q2
4 March 2024 10:41 AM ISTOPEC+ is an oil-producer group comprising member countries of the Organization of the Petroleum Exporting Countries (OPEC) and their allies.
Oil set for weekly loss despite gain on OPEC+ output decision
2 Feb 2024 6:00 PM ISTThe Brent benchmark had approached $85 a barrel in Monday trading
Stocks, FX ease after November rally; China unsteady recovery weighs
1 Dec 2023 3:45 PM ISTThe indexes had rallied in the previous month, as investors warmed to riskier emerging market assets on optimism that interest rate hikes in the U.S....
Asia stocks steady ahead of inflation tests, OPEC+ meeting
27 Nov 2023 7:45 AM ISTThe approach of month end could also cause some caution given the hefty gains investors are sitting on. Japan's Nikkei added 0.3%, having surged 9% so...
OPEC+ moving closer to compromise with African producers: Sources
26 Nov 2023 2:45 PM ISTOPEC members Angola and Nigeria were aiming for a higher oil output allowance, officials told Reuters on Thursday.
Oil down more than 1% as uncertainty swirls over delayed OPEC+ meeting
23 Nov 2023 2:30 PM ISTProducers were struggling to agree on output levels and hence possible reductions ahead of the meeting originally set for Nov. 26, OPEC+ sources said.
BRICS expansion could end US dollar dominance in oil trade: US...
15 Oct 2023 8:10 AM ISTWhile there is no such currency as a Petrodollar, the US currency, the dollar or the greenback is the medium in which most global trade is conducted...