Latest in Oil Prices Suffer November Drop As Middle East Fears Ease, Opec Delays Meeting
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Oil prices suffer November drop as Middle East fears ease, OPEC+ delays meeting
Oil futures fell Friday, booking weekly and monthly losses after a cease-fire this week between Israel and Iran-backed Hezbollah helped soothe remaining worries over a wider conflict that could ...Business - MarketWatch - 9 hours ago -
Oil prices end at highest in a week after OPEC+ delays output hike by another month
Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary production cuts. Natural-gas prices also rallied as a potential ...Business - MarketWatch - November 4 -
Opec+ members delay planned rise in oil production
Cartel to leave output curbs in place an extra month in effort to boost anaemic crude pricesBusiness - Financial Times - November 3 -
Oil Jumps as OPEC+ Further Delays Output Hike
Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid growing concerns about weaker global demand and lower prices.World - The Wall Street Journal - November 4 -
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.Business - The New York Times - November 4 -
Oil prices end mixed as attention turns to OPEC+ decision on crude production
U.S. and global benchmark crude prices settled mixed after a cease-fire between Israel and Iran-backed Hezbollah eliminated much of the remaining risk premium around a wider Middle Eastern conflict.Business - MarketWatch - 2 days ago -
How far has gold's price dropped in November?
The price of gold was on a record run ... until this month. Here's what to know (and what to do) right now.Top stories - CBS News - November 13 -
Exxon and Chevron suffer profit falls on lower oil prices
Cheaper commodities and weaker refining margins hit earnings after bumper performances in 2022 and 2023Business - Financial Times - November 1 -
US north-east suffers unusual November drought and fires
First rainfall in weeks does little to ease dry conditions throughout New York state and New JerseyWorld - Financial Times - 5 days ago -
Oil prices post first gain in 3 sessions, but demand concerns prevail
Oil futures finished higher on Tuesday, recouping a small portion of back-to-back losses driven by worries about the prospects for demand, which contributed to a retreat in the U.S. benchmark below ...Business - MarketWatch - November 12 -
OPEC+ postpones meeting to decide oil production strategy to Dec. 5, sources say
The OPEC+ oil alliance has postponed a meeting to decide the next steps of its crude production strategy to Dec. 5, two delegate sources told CNBC.Business - CNBC - Yesterday -
Steve Witkoff, Trump’s Middle East Envoy, Has Ties to Oil-Rich Nations
Steve Witkoff’s involvement with two sovereign wealth funds as he bought and then sold Manhattan’s Park Lane Hotel demonstrates the potential conflicts his new role will present.Top stories - The New York Times - 4 days ago -
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...Politics - The Hill - November 4 -
Biden meets with Israel's Herzog on Middle East conflict, humanitarian aid to Gaza
Israel faces a Wednesday deadline to increase humanitarian aid to Gaza.Top stories - CBS News - November 12 -
Trump discussed Ukraine, Middle East with Biden in White House meeting
President-elect Trump said he discussed the wars in Ukraine and the Middle East with President Biden during the meeting at the White House, which he said was “really good.” “I asked for his views ...Politics - The Hill - November 13 -
Israeli minister says ‘certain progress’ on Lebanon ceasefire talks but Hezbollah says it has not been involved – Middle East crisis live
New foreign minister says diplomatic efforts are taking place through US mediation but Hezbollah says it has not seen any proposal. Lebanon ’s National News Agency reports Israeli planes carried ...World - The Guardian - November 11 -
Oil prices drop as talk of Israel-Hezbollah cease-fire cuts ‘security premium’
Oil futures ended lower Monday, with talk of a potential cease-fire deal between Israel and Lebanon-based Hezbollah leading prices to shrink their ”security premium,” pulling global benchmark crude ...Business - MarketWatch - 4 days ago -
Middle East latest: US envoy holds talks in Lebanon on Israel-Hezbollah cease-fire proposal
A U.S. envoy has held talks in Beirut with Lebanese officials about a possible cease-fire in the Israel-Hezbollah warWorld - ABC News - November 19 -
US bans flights to Haiti after three planes struck by gunfire
Violence escalates as new interim prime minister is sworn inWorld - Financial Times - November 12 -
What will OPEC+ decide on oil output? Here’s why it’s complicated.
Developments in the Middle East have and worries about the prospects for global demand have fueled volatile trading in the oil market in recent weeks and that makes an upcoming decision by major ...Business - MarketWatch - November 2 -
Trump’s oil-drilling plans may pose a big problem for OPEC+
OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in global oil supplies next year — and as U.S. President-elect Donald Trump’s ...Business - MarketWatch - 3 days ago -
Middle East crisis live: US wants Gaza fighting pause, Blinken says, but will not limit arms transfers despite Israel missing aid deadline
Humanitarian groups say almost none of the US’s demands that Israel improve conditions in Gaza have been met. The US wants real and extended pauses in fighting in Gaza so assistance can get to ...World - The Guardian - November 13 -
A Whisperer to the Stars on the Middle East Conflict
Many in Hollywood have struggled to navigate how to talk about their support for Israel on social media. Some of them have turned to Hen Mazzig for advice.Business - The New York Times - November 2 -
Fears misinformation behind drop in contraception
Lily Lesh says she has never had the implant after being "scared off" by social media.Top stories - BBC News - Yesterday -
Car buyer payouts over loan scandal could be delayed
Regulators want to give more time to car dealers potentially facing a deluge of mis-selling claims.Top stories - BBC News - November 13 -
'Too much doom and gloom': OPEC chief is bullish on oil demand despite extended production cuts
The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply.Business - CNBC - November 4 -
Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say
Many market watchers predicted a bearish year ahead for crude.Business - CNBC - November 13 -
Saudi Aramco Profit Falls on Oil-Price Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.Business - The Wall Street Journal - November 5 -
Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...Business - MarketWatch - November 8 -
Joe Biden’s overdue missile consent for Ukraine
Allies should provide Kyiv with all the aid they can ahead of the Trump presidencyBusiness - Financial Times - November 18 -
Starmer declines to rule out allowing Kyiv to use Storm Shadow missiles in Russia
UK premier under increasing scrutiny after Biden authorised deployment of US-supplied long-range weaponsBusiness - Financial Times - November 18 -
Chinese tech groups build AI teams in Silicon Valley
Alibaba, ByteDance and Meituan seek to poach top talent from US rivals despite Washington’s chip curbsBusiness - Financial Times - November 18 -
How the US election could impact the Middle East
Harris or Trump? The BBC's Lucy Williamson in Jerusalem assesses who Israelis and Palestinians want to win.Top stories - BBC News - October 31