Saudi Gazette/ Dec 05 24
Saudi Arabia and 7 OPEC + countries extend production cuts by 3 months:
Saudi Arabia and seven other OPEC+ countries have decided on Thursday to extend their oil ...
saudigazette.com.sa/article/647644
Quick Glance: OPEC+ Production Cuts Extended Through March 2025
- Saudi Arabia and seven other OPEC+ countries have decided to extend their oil production cuts for three months until the end of March 2025.
- The group will maintain its additional voluntary adjustments of 2.2 million barrels per day until March 2025, gradually phasing them out by September 2026.
- These actions aim to support the stability and balance of oil markets.
- Overproducing countries have been requested to update and submit their compensation plans by the end of December 2024.
Story Details
| Last Updated | Dec 06 24 |
| Total Articles | 24 |
OPEC+ delays oil production hike as it waits for Trump's plans: Analysts say Trump's plans — including tariffs on China and elsewhere — were a factor.
axios.com/2024/12/06/trump-oil-markets-opec-production-delay
The Globe and Mail Dec 06 24
Oil prices drop on supply glut fears despite OPEC+ output cut extension: Brent crude futures were down 77 cents to $71.32 a barrel at 12:29 p.m. EST, while U.S ...
theglobeandmail.com/business/industry-news/energy-and-resources/article-oil-set-for-weekly-loss-on-surplus-fears-despite-opec-cut-extensions/
Saudi Gazette/ Dec 05 24
OPEC + Ministerial Meeting lauds Saudi Arabia for its unwavering commitment to maintain global oil market stability
saudigazette.com.sa/article/647645
Oil Prices Drop as OPEC+ Extends Production Cuts Until 2025: On December 5, oil futures experienced a decline amid a volatile trading session ...
riotimesonline.com/oil-prices-drop-as-opec-extends-production-cuts-until-2025/
OPEC+ oil cartel again postpones production increase ｜ DPA: The oil-exporting states of the OPEC+ group intend to maintain their restrictive production policy ...
nordot.app/1237429322085040409
OPEC+ extends output cuts into 2026 on weak demand: LONDON/MOSCOW/DUBA (Reuters) -- OPEC+ on Thursday pushed back the start of oil output rises by three months ...
asia.nikkei.com/Business/Energy/OPEC-extends-output-cuts-into-2026-on-weak-demand
Members of OPEC+ oil producers' alliance postpone production increases as crude prices stagnate
apnews.com/article/opec-oil-gas-prices-energy-7e3a7a4b86e966ba9b609e23825e4ccc
OPEC+ oil alliance faces stagnant prices for crude while U.S. drivers enjoy cheaper gasoline
ctvnews.ca/business/opec-oil-alliance-faces-stagnant-prices-for-crude-while-u-s-drivers-enjoy-cheaper-gasoline-1.7134552
OPEC+ Pause Earns Low-Key Response From Banks as Oil Concerns Linger: The move by OPEC+ to delay a revival of supply to April will pare global oil output next ...
bloomberg.com/news/articles/2024-12-06/opec-pause-earns-low-key-response-from-banks-as-concerns-linger
Paid articlePaywall
The Globe and Mail Dec 05 24
OPEC+ delays oil output hike until April, extends cuts into 2026: OPEC+ had been planning to start unwinding cuts from October 2024, but a slowdown in global ...
theglobeandmail.com/business/industry-news/energy-and-resources/article-opec-delays-oil-output-hike-until-april-extends-cuts-into-2026-sources/
The Globe and Mail Dec 05 24
Oil prices rise after OPEC+ pushes back output hike, extends cuts through 2026: Brent crude was up 38 cents to $72.69 a barrel at 10:56 a.m. ET, while U.S ...
theglobeandmail.com/business/industry-news/energy-and-resources/article-oil-slightly-firmer-ahead-of-opec-supply-decision/
OPEC+ oil alliance to decide on crude prices : Oil prices have been down due to weaker than expected demand from China as well as increased production from ...
euronews.com/business/2024/12/05/opec-oil-alliance-to-decide-on-crude-prices
OPEC+ delays oil output hike until April, extends cuts into 2026
reuters.com/business/energy/opec-will-delay-oil-output-hike-meeting-source-says-2024-12-05/
Oil slightly firmer ahead of OPEC+ supply decision: Oil prices were mostly stable on Thursday ahead of an OPEC+ meeting later in the day ...
reuters.com/markets/commodities/oil-prices-rise-with-all-eyes-opec-supply-decision-2024-12-05/
OPEC+ Delays Oil Output Revival, Slows Down in Bid to Defend Prices: OPEC+ is accepting that its mission to defend oil prices will drag on much longer than ...
bloomberg.com/news/articles/2024-12-05/opec-braces-for-a-much-longer-mission-to-defend-oil-prices
Paid articlePaywallOil News: OPEC+ Delays Revival of Its Production by Three Months: OPEC+ delayed the revival of its oil production by three months, a delegate said ...
bloomberg.com/news/articles/2024-12-05/opec-delays-revival-of-its-oil-production-by-three-months
Paid articlePaywallOPEC+ Meets to Discuss Further Delay to Oil Output Revival: OPEC+ will meet online on Thursday to discuss further delay to its plans to revive oil production.
bloomberg.com/news/articles/2024-12-05/opec-meets-to-discuss-further-delay-to-oil-output-revival
Paid articlePaywallMore articles on this subject
Previous
OPEC+ delays oil production hike as it waits for Trump's plans: Analysts say Trump's plans — including tariffs on China and elsewhere — were a factor.
axios.com/2024/12/06/trump-oil-markets-opec-production-delay
The Globe and Mail Dec 06 24
Oil prices drop on supply glut fears despite OPEC+ output cut extension: Brent crude futures were down 77 cents to $71.32 a barrel at 12:29 p.m. EST, while U.S ...
theglobeandmail.com/business/industry-news/energy-and-resources/article-oil-set-for-weekly-loss-on-surplus-fears-despite-opec-cut-extensions/
Saudi Gazette/ Dec 05 24
OPEC + Ministerial Meeting lauds Saudi Arabia for its unwavering commitment to maintain global oil market stability
saudigazette.com.sa/article/647645
Oil Prices Drop as OPEC+ Extends Production Cuts Until 2025: On December 5, oil futures experienced a decline amid a volatile trading session ...
riotimesonline.com/oil-prices-drop-as-opec-extends-production-cuts-until-2025/
OPEC+ oil cartel again postpones production increase ｜ DPA: The oil-exporting states of the OPEC+ group intend to maintain their restrictive production policy ...
nordot.app/1237429322085040409
OPEC+ extends output cuts into 2026 on weak demand: LONDON/MOSCOW/DUBA (Reuters) -- OPEC+ on Thursday pushed back the start of oil output rises by three months ...
asia.nikkei.com/Business/Energy/OPEC-extends-output-cuts-into-2026-on-weak-demand
Saudi Gazette/ Dec 05 24
Saudi Arabia and 7 OPEC + countries extend production cuts by 3 months: Saudi Arabia and seven other OPEC+ countries have decided on Thursday to extend their oil ...
saudigazette.com.sa/article/647644
Members of OPEC+ oil producers' alliance postpone production increases as crude prices stagnate
apnews.com/article/opec-oil-gas-prices-energy-7e3a7a4b86e966ba9b609e23825e4ccc
OPEC+ oil alliance faces stagnant prices for crude while U.S. drivers enjoy cheaper gasoline
ctvnews.ca/business/opec-oil-alliance-faces-stagnant-prices-for-crude-while-u-s-drivers-enjoy-cheaper-gasoline-1.7134552
OPEC+ Pause Earns Low-Key Response From Banks as Oil Concerns Linger: The move by OPEC+ to delay a revival of supply to April will pare global oil output next ...
bloomberg.com/news/articles/2024-12-06/opec-pause-earns-low-key-response-from-banks-as-concerns-linger
Paid articlePaywall The Globe and Mail Dec 05 24
OPEC+ delays oil output hike until April, extends cuts into 2026: OPEC+ had been planning to start unwinding cuts from October 2024, but a slowdown in global ...
theglobeandmail.com/business/industry-news/energy-and-resources/article-opec-delays-oil-output-hike-until-april-extends-cuts-into-2026-sources/
The Globe and Mail Dec 05 24
Oil prices rise after OPEC+ pushes back output hike, extends cuts through 2026: Brent crude was up 38 cents to $72.69 a barrel at 10:56 a.m. ET, while U.S ...
theglobeandmail.com/business/industry-news/energy-and-resources/article-oil-slightly-firmer-ahead-of-opec-supply-decision/
OPEC+ oil alliance to decide on crude prices : Oil prices have been down due to weaker than expected demand from China as well as increased production from ...
euronews.com/business/2024/12/05/opec-oil-alliance-to-decide-on-crude-prices
OPEC+ delays oil output hike until April, extends cuts into 2026
reuters.com/business/energy/opec-will-delay-oil-output-hike-meeting-source-says-2024-12-05/
Oil slightly firmer ahead of OPEC+ supply decision: Oil prices were mostly stable on Thursday ahead of an OPEC+ meeting later in the day ...
reuters.com/markets/commodities/oil-prices-rise-with-all-eyes-opec-supply-decision-2024-12-05/
OPEC+ Delays Oil Output Revival, Slows Down in Bid to Defend Prices: OPEC+ is accepting that its mission to defend oil prices will drag on much longer than ...
bloomberg.com/news/articles/2024-12-05/opec-braces-for-a-much-longer-mission-to-defend-oil-prices
Paid articlePaywallOil News: OPEC+ Delays Revival of Its Production by Three Months: OPEC+ delayed the revival of its oil production by three months, a delegate said ...
bloomberg.com/news/articles/2024-12-05/opec-delays-revival-of-its-oil-production-by-three-months
Paid articlePaywallOPEC+ Meets to Discuss Further Delay to Oil Output Revival: OPEC+ will meet online on Thursday to discuss further delay to its plans to revive oil production.
bloomberg.com/news/articles/2024-12-05/opec-meets-to-discuss-further-delay-to-oil-output-revival
Paid articlePaywall
Malaysian Tycoon Lim Han Weng’s Yinson Raises $1 Billion From Abu Dhabi Fund, Others
forbes.com/sites/jonathanburgos/2025/01/14/malaysian-tycoon-lim-han-wengs-yinson-raises-1-billion-from-abu-dhabi-fund-others/
Trump's likely first moves on US energy policy: President-elect Donald Trump has promised to maximize U.S. oil and natural gas production - already at record ...
reuters.com/business/energy/trumps-likely-first-moves-us-energy-policy-2025-01-13/
Lenovo to build $2 billion PC and server plant in Saudi Arabia : Lenovo to build one of the world's largest PC and server assembly facility in Saudi Arabia with ...
tomshardware.com/tech-industry/lenovo-to-build-usd2-billion-pc-and-server-plant-in-saudi-arabia
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