Crude futures made small gains after OPEC+ said it will return another 137,000 barrels a day of curtailed production in December, but will pause output increases in the first quarter of 2026.
OPEC+ has agreed to further raise oil production beginning in October as leader Saudi Arabia pushes to regain market share, while slowing the pace of increases compared with previous months due to an ...
NEW YORK, Sept 17 (Reuters) - Oil prices eased on Wednesday after data showing an increase in U.S. diesel stockpiles stoked worries about demand and the U.S. Federal Reserve cut interest rates as ...
In a show of confidence in the market, the group, led by Saudi Arabia, said it would begin unwinding a further set of agreed cuts. By Stanley Reed Oil prices rose strongly on Monday even though a ...