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OPEC oil output rises in October as Libyan supply rebounds, survey finds
OPEC oil output rebounded in October from its lowest this year the previous month as Libya resolved a political crisis, a Reuters survey found, although a further Iraqi effort to meet its cuts pledged to the wider OPEC+ alliance limited the gain.
India Can Boost Russian Oil Imports If Prices Right: Hardeep Puri
India can further boost oil imports from Russia if prices are right, the south Asian nation's Petroleum Minister Hardeep Puri said in an interview with Bloomberg's Joumanna Bercetche. He also said global oil markets are well supplied with more production coming to the market from countries like Canada and Brazil.
Oil Prices Poised To Head Lower Into 2025 (Elliott wave analysis)
Crude oil prices have remained in a relatively narrow range for the past year, but we think the oil market offers the potential for a downward break soon. That said, there are many ways that crude oil could shake traders off their trades regardless of whether they are pointed in the correct direction.
Crude Oil Price Outlook – Crude Oil Continues to Look Supported
The crude oil markets are up in the early hours of Monday, as traders continue to buy on the dips at a fairly important level. This level has been support for two years and should continue to be something worth watching.
OPEC positive on global oil demand, sees no peak on horizon
The Organization of Petroleum Exporting Countries (OPEC) is very positive on demand for oil in both the short and long term, Secretary General Haitham Al Ghais said at an energy industry event in Abu Dhabi on Monday.
'Too much doom and gloom': OPEC chief is bullish on oil demand despite extended production cuts
The head of oil producer alliance OPEC brushed off what he called "pessimistic" forecasts of dwindling crude demand in the coming year. OPEC expects oil demand growth at 1.9 million barrels a day this year, significantly higher than many other market forecasters.
Oil prices rise over 2% after OPEC+ delays production increase by another month
Oil futures saw strong gains Monday after the Organization of the Petroleum Exporting Countries said members would wait yet another month before beginning to unwind production cuts.
Oil Prices Edge Higher on Extended OPEC Cuts. Why the Boost May Not Last.
Crude is still down substantially over the last 12 months. U.S. producers have kept output high and China's economic slump is denting demand.
Oil News: Crude Prices Rise as OPEC+ Delays Output Hike Amid Demand Concerns
Oil prices rise as OPEC+ defers production boost, supporting a near-term bullish outlook. Geopolitical risks and Fed rate cut add volatility.
OPEC actions increasing volatility and hampering new investment in oil and gas, Eni CEO says
OPEC+ oil supply cuts and recent efforts to unwind them have increased volatility in energy markets and hampered investment in new production, the CEO of Italian energy company Eni said on Monday.
The problem is 'not about oil companies, it's about diminishing emissions,' TotalEnergies CEO says
Patrick Pouyanne, TotalEnergies CEO, explains what can be done apart from "demonizing."
Oil prices gain further ground as OPEC+ extends production cut
Oil prices were pushed up further on Monday after the OPEC+ cartel agreed to delay an increase in output for another month. Benchmark Brent crude climbed 2.3% to US$74.51 a barrel early on, adding to gains after the price fell close to the US$70 mark last week.
