Oil prices rose around 1 percent on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply toward year-end.

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Topics:  saudi arabia   opec   expected   cut   oil prices   
BING NEWS:
  • Oil adds to week's sharp loss as rollover of OPEC output cuts may meet resistance
    Oil prices posted their steepest weekly loss in three months, as the market, already concerned about weakening demand, coped with mounting speculation that OPEC's June meeting could expose cracks in ...
    05/3/2024 - 12:45 pm | View Link
  • Crude Oil WTI (NYM $/bbl) Front Month
    2-Year U.S. Treasury Note Continuous Contract $101.730-0.027-0.03% 5-Year U.S. Treasury Note Continuous Contract $105.656-0.086-0.08% 10-Year U.S. Treasury Note Continuous Contract $108.750-0.109 ...
    05/3/2024 - 5:59 am | View Link
  • Oil prices settle just lower as demand worries persist
    Investing.com-- Oil prices rose Thursday, recovering from near two-month lows, helped by talk of an extension of OPEC+ supply cuts. At 08:20 ET (12:20 GMT), Brent oil futures rose 1% to $84.28 a ...
    05/2/2024 - 7:50 am | View Link
  • OPEC+ expected to extend supply cuts to stave off a global surplus and shore up prices
    OPEC+ is expected to prolong oil output cuts into the second half of the year as it seeks to stave off a global surplus and shore up prices. Saudi Arabia and its partners have been keeping roughly 2 ...
    05/2/2024 - 1:33 am | View Link
  • When will the Fed begin to cut interest rates? It’s a mystery
    Nowadays, it’s anyone’s guess when the Federal Reserve will begin to cut interest rates this year — if at all.
    04/30/2024 - 12:44 am | View Link
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