OPEC+

Storage tanks for crude oil, gasoline, diesel, and other refined petroleum products are seen at the Kinder Morgan Terminal, viewed from the Phillips 66 Company's Los Angeles Refinery in Carson, California, US, March 11, 2022. Picture taken with a drone. Photo: REUTERS/Bing Guan/File Photo
Global Economy

Oil gains more than $1 after OPEC+ delays output hike

Brent futures rose by $1.18 per barrel, or 1.61%, to stand at $74.28 a barrel by 0402 GMT. US West Texas Intermediate (WTI) crude rose by $1.21 a barrel, or 1.74%, to stand at $70.70

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo
Global Economy

OPEC+ could delay December oil output hike

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo
Global Economy

OPEC cuts 2024, 2025 global oil demand growth view again

A drone view shows flames emerging from flare stacks at Nahr Bin Umar oil field, in Basra, Iraq June 30, 2024. Photo: REUTERS/Mohammed Aty/File Photo
Middle East

Iraqi oil output was below OPEC+ quota in September: government official

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo
Global Economy

Oil prices jump more than $1 as Middle East tensions escalate

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo
Global Economy

Oil prices rise on Middle East conflict fears as Israel steps up attacks

Russian Foreign Ministry Sergey Lavrov. Photo: UNB/AP
Global Economy

Russia's Lavrov, Saudi crown prince discuss OPEC+ cooperation: Russia

Crude oil pouring out of a barrel. File Photo: Reuters
Global Economy

Oil dips on deflated US interest rate cut expectations, OPEC+ decision

OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
Economy

OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants

Brazil's President Luiz Inacio Lula da Silva attends a news conference, in Montevideo, Uruguay, January 25, 2023. File Photo: REUTERS/Mariana Greif
World+Biz

Brazil's Lula, environmentalist... and oil champion

A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic
Global Economy

Waning influence of OPEC+ in spotlight as prices flag

Russian President Vladimir Putin is welcomed by Minister of Foreign Affairs of the United Arab Emirates Sheikh Abdullah bin Zayed bin Sultan Al Nahyan upon arrival at the Abu Dhabi International Airport, United Arab Emirates December 6, 2023. Sputnik/Andrey Gordeev/Pool via REUTERS
World+Biz

Putin, flanked by Russian fighters, jets into Middle East to meet Saudi's MbS

FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) on a flag at the oil producer group's headquarters in Vienna, Austria, December 7, 2018. REUTERS/Leonhard Foeger/File Photo
Global Economy

Opec+ sees healthy growing global economy, despite inflation