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Oil rises on tighter OPEC supply, US jobs data
Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while data showing an unexpected increase in U.S. job openings pointed to expanding economic activity and consequent growth in oil demand.
Oil prices rise as Russia, OPEC supply shrinks
Oil prices rose today, Jan. 8, as supplies from Russia and the OPEC+ alliance declined while US data boosted investor confidence in demand for black g
Oil prices edge higher; OPEC supply, tighter sanctions talk help
Investing.com--Oil prices edged higher Wednesday, extending a bounce from the prior session as US industry data pointed to a drop in oil inventories, while production by OPEC countries was seen falling.
Oil Prices up on Tighter OPEC Supply, US Jobs Data
TOKYO (Reuters) - Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened, while data showing an unexpected increase in U.S. jobs openings pointed to expanding economic activity and consequent growth in oil demand.
Oil prices tick up after industry data shows fall in U.S. crude inventories
Oil futures were flat to slightly higher Wednesday, with investors awaiting official data on U.S. inventories after an industry report was said to show a large drop in crude stocks but significant increases in gasoline and distillates.
6h
Oil trims gains on dollar strength, tight supplies provide support
Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of ...
2d
OPEC Output Dips in December as UAE Improves Delivery of Cuts
OPEC’s crude production dipped last month as the United Arab Emirates stepped up implementation of supply cutbacks aimed at ...
Rigzone
8h
Brent Oil is at the Mercy of OPEC+, SEB Analyst Warns
Brent crude is totally at the mercy of OPEC+, but the group will stay the course through 2025. That’s what Bjarne Schieldrop, ...
1d
OPEC oil output falls in December on UAE and Iran, survey finds
OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...
2d
Oil Averaging $65 in ‘25 to Keep OPEC+ Under Pressure, BofA Says
International benchmark Brent crude will average $65 a barrel this year as new oil production from non-OPEC countries ...
10h
Oil Supported by Stronger Fundamentals, Supply Concerns
Oil prices were rising in early trade, supported by a stronger physical market and concerns over Russian and Iranian flows.
9h
on MSN
Oil prices surge as OPEC supply drops, US crude stocks decline
Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while U.S. crude oil stocks fell last week, ...
Crude Oil Prices
1d
Russia Claims Compliance With OPEC+ Oil Output Cuts in December
Russia's crude oil production fell below its OPEC+ quota in December, raising concerns about its ability to meet future ...
Arise
1d
Nigeria Reaches 1.51m bpd Oil Output, Meeting OPEC Quota After Four Years of Shortfalls
Nigeria has achieved OPEC quota for that first time in four years, producing 1.51 million bpd in December 2024 ...
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