Tag: OPEC
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Why ExxonMobil Stock Is Slipping Today
Shares of ExxonMobil (NYSE: XOM) were falling this morning and were down 3.1% as of 11:50 a.m. ET Tuesday, wiping out all of their...
Oil Sinks as Weak US Jobs Report Adds to Concerns About Demand
(Bloomberg) -- Oil posted its biggest weekly drop in 11 months as a weak US jobs report added to concerns about tepid demand in...
OPEC+ discussing delay to planned oil output hike in October, sources say
By Alex Lawler, Olesya Astakhova and Ahmad GhaddarLONDON (Reuters) - OPEC+ is discussing a delay in a planned output increase next month as oil...
Oil Swings With Market Focus on OPEC+ Output and China Demand
(Bloomberg) -- Oil fluctuated between small gains and losses as traders weigh a planned production increase from OPEC+ next month, economic headwinds in China...
Oil extends losses on prospect of higher OPEC+ supply
By Florence TanSINGAPORE (Reuters) - Oil prices extended losses on Monday with investors weighing higher OPEC+ production from October against a sharp drop in...