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Financial Market News
You are at:Home»Posts Tagged "OPEC" (Page 2)

OPEC+ postpones meeting to decide oil production strategy to Dec. 5:

By FinMar NewsNovember 28, 2024

A view shows the logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13,…

OPEC+ members delay plans to hike production by two months after oil price

By FinMar NewsSeptember 5, 2024

A general view of signage at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) on Feb. 29, 2024 in Vienna, Austria.Thomas Kronsteiner |…

WTI falls, snapping four-week winning streak

By FinMar NewsJuly 13, 2024

An offshore oil rig platform is photographed in Huntington Beach, California, U.S. July 4, 2024. Etienne Laurent | ReutersCrude oil futures fell on Friday, snapping a four-week…

OPEC calls for more fossil fuel investment, dismisses peak oil demand

By FinMar NewsJune 14, 2024

The head of OPEC said Thursday that the world will need to invest in fossil fuels for decades to prevent an energy shortage, dismissing predictions that…

Big Oil given stark warning as a major supply surplus expected by 2030

By FinMar NewsJune 12, 2024

Aerial view taken on May 20, 2024 shows the Olmeca oil refinery belonging to the company Petroleos Mexicanos (PEMEX), which along with six others is part…

Nvidia’s new chip, GameStop soars

By FinMar NewsJune 3, 2024

Traders work on the floor of the New York Stock Exchange during morning trading on Feb. 23, 2024 in New York City.Michael M. Santiago | Getty…

Oil alliance OPEC+ could extend production cuts this weekend

By FinMar NewsMay 31, 2024

The OPEC logo on the building of the Organization of the Petroleum Exporting Countries.Thomas Coex | Afp | Getty ImagesThe oil-producing Organization of the Petroleum Exporting…

Oil prices boosted as traders await OPEC+ decision on production cuts

By FinMar NewsMay 29, 2024

Oil futures rise Tuesday, with traders penciling in an extension of OPEC+ production cuts beyond June 30. Read More: Oil prices boosted as traders await OPEC+…

IEA downgrades 2024 oil demand growth forecast as prices heat up

By FinMar NewsApril 13, 2024

The International Energy Agency on Friday downgraded its forecast for 2024 oil demand growth, citing “exceptionally weak” OECD deliveries, a largely complete post-Covid-19 rebound and an…

OPEC and allies agree to extend record production cut

By FinMar NewsSeptember 13, 2023

OPEC and its oil-producing allies agreed on Saturday to extend the group’s historic production cut for an additional month in an ongoing effort to balance the global…

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