Latest in Opec Output
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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 - 4 days ago -
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 - 5 days ago -
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 -
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 - 4 days ago -
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 - 4 days ago -
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 - 5 days ago -
Woodside Narrows Oil, Gas Output Guidance
Woodside said its sales revenue totaled $3.68 billion in the third quarter, up 21% on the previous three months and driven partly by higher average LNG prices.Business - The Wall Street Journal - October 15 -
Analysis: Offenses have their way in Week 6 with highest scoring output of the season
Baker Mayfield and the Buccaneers moved the ball at will against the SaintsSports - ABC News - October 14 -
BHP's First Quarter Iron Ore, Copper Output Rises
The Australian mining giant said it produced 64.6 million metric tons of iron ore in the three months through September, up 2% on a year earlier. Copper production rose by 4% to 476,300 tons, the ...Business - The Wall Street Journal - October 16 -
U.S. industrial output falls in September, held down by Boeing strike and hurricanes
U.S. industrial production fell 0.3% in September, held down by the strike at Boeing Co and by the two recent hurricanes, the Federal Reserve reported Thursday.Business - MarketWatch - October 17 -
China’s manufacturing output swings back into expansion in October, private survey finds
The Caixin/S&P Global manufacturing PMI came in at 50.3 in October, beating the median estimate of 49.7 in a Reuters poll.Business - CNBC - November 1 -
The UAE opens its annual oil-and-gas summit, pledging to increase output
The United Arab Emirates has opened its annual oil-and-gas summit as it plans to increase energy output even as global prices have fallenWorld - ABC News - 5 days ago -
U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again
Soft demand in China has weighed on the market for months.Business - CNBC - October 14 -
'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 - 5 days ago -
Rio Tinto's Australian Iron Ore Output Rises, but Miner Cautions on Cost Inflation
The world’s second-biggest miner by value said it produced slightly more iron ore from its Australian operations in the third quarter of 2024 but cautioned on inflation pressures.Business - The Wall Street Journal - October 15 -
Meta Introduces Spirit LM open source model that combines text and speech inputs/outputs
Spirit LM Expressive incorporates emotional cues into its speech generation and can detect and reflect anger, surprise, or joy.Tech - VentureBeat - October 19 -
Oil prices end with a modest loss as Trump’s win lifts the dollar
Oil futures finished lower Wednesday, but pared much of the earlier losses that pulled U.S. prices briefly below $70 a barrel, as traders weighed the potential impact of former President Donald ...Business - MarketWatch - 2 days ago