VIENNA — Reflecting its lessening oil clout, OPEC decided Thursday to keep its output target on hold and sit out falling crude prices that will likely spiral even lower as a result.
Similar Stories to Opec Keeps Oil Output Level Despite Low Prices on Bing News
The Daily Gazette stories, The Daily Gazette
Thu, 11/27/2014 - 3:38pm
Sections: u.s.
Topics: New York Schenectady County Schenectady
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BING NEWS:
- Oil falls for fourth straight session, US demand in focus
NEW YORK, - Oil prices fell about 1% on Thursday to their lowest level since February, sliding for a fourth consecutive session as the prospect of higher-for-longer U.S. interest rates raised worries ...
05/23/2024 - 7:08 am | View Link - Crude Oil recedes further, WTI falls below $78 on rising supplies and cautious FOMC
WTI US Crude Oil is testing down into $77.00 per barrel, extending a near-term decline from a recent peak just above $80.00 per barrel. Intraday price action has tumbled back into a familiar demand ...
05/22/2024 - 11:27 am | View Link - Oil steadies its decline just below $78 with US markets coming into play
On the upside, the line in the sand remains at the 200-day Simple Moving Average (SMA), currently at $79.62. Once above that level, a double layer comes up with the 100-day SMA at $78.58. In case of ...
05/21/2024 - 1:43 am | View Link - Oil shipments at risk from rising sea levels, think tank warns
Rising sea levels could severely disrupt crude oil shipments and erode energy security in import-dependent countries like China, South Korea and Japan, with many of the world's biggest terminals ...
05/20/2024 - 9:22 pm | View Link - Oil poised for supply tightness on seasonal demand, likely OPEC+ move
The OPEC+ ministerial meeting is scheduled to take place in Vienna on June 1 amid mounting tensions over quota compliance and potentially complicated discussions over each country's production ...
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