OPEC+ delays oil output hike until April, extends cuts into 2026

By Alex Lawler, Olesya Astakhova and Maha El Dahan LONDON/MOSCOW/DUBAI (Reuters) -OPEC+ on Thursday pushed back the start of oil output rises by three months until April and extended the…

Oil prices rise on OPEC+ production delay report

Investing.com — Oil prices rose Thursday, taking support from a report OPEC+ has decided to delay the restart of its oil production increases by three months. At 09:10 ET (14:10…

OPEC+ to delay supply increase by three months, Bloomberg reports

Investing.com — OPEC+ has decided to delay the restart of its oil production increases by three months, Bloomberg reported Thursday, citing delegate sources. This represents the third postponement as crude…

Oil prices seen rising from mid-2025: Wells Fargo

Investing.com — Wells Fargo analysts predict a shift in global oil market dynamics by mid-2025, forecasting improved fundamentals and stronger prices following a period of oversupply. They estimate a surplus of…

OPEC+ delays oil hike until April, extends cuts into 2026 – sources

LONDON/MOSCOW (Reuters) – OPEC+ has agreed to delay its plan to raise oil output until April 2025, an OPEC+ source told Reuters while its meeting was underway, to provide additional…

EU chief jets in to South America as Mercosur trade deal hopes rise

(Reuters) – European Commission President Ursula von der Leyen touched down in Latin America on Thursday to finalise a long-delayed trade deal between the European Union and the South American…

Euro ticks up despite French government collapse; bitcoin breaks $100,000

By Ankur Banerjee and Harry Robertson SINGAPORE/LONDON (Reuters) -The euro picked up on Thursday despite the collapse of the French government, which had been widely expected, while bitcoin galloped past…

Oil pares some gains after source says OPEC+ to delay output hike

By Paul Carsten LONDON (Reuters) – Oil futures turned negative on Thursday after a source told Reuters OPEC+ has agreed to delay a planned oil output hike until April 2025.…

OPEC+ to delay oil output hike until April, source says

LONDON/MOSCOW (Reuters) – OPEC+ has agreed to delay its plan to raise oil output until April 2025, an OPEC+ source told Reuters while its meeting was underway, to provide additional…

Cuba says electrical grid back online, generation still lagging

HAVANA (Reuters) – Cuba said late on Wednesday it had reconnected its national electrical grid, though generation remained far below demand one day after a plant failure knocked out power…