Similar Stories to Commodities Corner: 5 Things Investors Need To Know About Opec’s Decision To Lift Oil Output on Bing News

The Organization of the Petroleum Exporting Countries agreed on Friday to rein in production cuts, essentially lifting output to help make up for an expected shortfall in global supplies.

BING NEWS:
  • Oil edges up as OPEC sees relatively strong growth in 2024 oil demand
    Oil prices edged slightly higher on Tuesday as OPEC stuck to its forecast for relatively strong growth in global oil demand in 2024 and as investors waited for the outcome of the Federal Reserve's ...
    06/11/2024 - 5:22 am | View Link
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  • OPEC sticks to 2024 oil demand growth forecast but trims Q1 view
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  • OPEC⁺ surprise triggered record hedge fund oil sales
    LONDON, June 10 (Reuters) - Portfolio investors sold record volumes of petroleum last ... In subsequent speeches as well as an online briefing to oil analysts, OPEC⁺ officials have reiterated that the ...
    06/10/2024 - 2:00 pm | View Link
  • OPEC chief defends oil cut phase-out plans despite bearish market
    The markets reacted bearishly OPEC+'s Sunday output decision, worrying it could lead to oversupply later in 2024 despite slow demand growth.
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