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Opec Latest News

  • Oil rose more than 1%, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset a strong U.S. dollar and a dire outlook for U.S. growth.
    Oil Rises On Prospect Of OPEC+ Supply Cut
  • Oil prices dropped about 4% as weak manufacturing data in several countries weighed on the demand outlook while investors braced for this week's meeting of OPEC and its producer allies on supply.
    Oil Sinks About 4% After Weak Factory Data Sparks Demand Concerns
  • OPEC+ sees this year's oil market as slightly less supplied than previously thought, a day ahead of a meeting at which the producer group is set to decide on its production policy for next month.
    OPEC+ Sees Slightly Smaller Oil Market Surplus This Year, Sources Say
  • OPEC+ sees this year's oil market as slightly less supplied than previously thought.
    OPEC+ Sees Slightly Smaller Oil Market Surplus This Year - Report
  • Oil prices rebounded from early losses after Saudi Arabia denied a report it was discussing an increase in oil supply with OPEC and its allies.
    Oil Rebounds From Early Plunge After Saudis Deny OPEC+ Output Report