Oil Could Rise Further As OPEC Suggests Keeping Output Cuts In Place ...Middle East

OILPRICE - Economy
Oil Could Rise Further As OPEC Suggests Keeping Output Cuts In Place
source : OILPRICE ( Middle East ) () 9
Crude oil prices could rise further if OPEC+ stops adding barrels to global supply, which is a possibility after the cartel's next meeting, according to the Kuwaiti oil minister. "The markets are slowing. Since COVID-19 has begun its fourth wave in some areas, we must be careful and reconsider this increase. There may be a halt to the 400,000 (bpd) increase," said Mohammad Abdulatif al-Fares, as quoted by Reuters. OPEC+ had agreed to boost oil production by 400,000 bpd every month beginning August until the group's combined output reached pre-agreement…

Hence then, the article about oil could rise further as opec suggests keeping output cuts in place was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil Could Rise Further As OPEC Suggests Keeping Output Cuts In Place )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

Oil Prices Edge Higher as Energy Strikes Darken Russia-Ukraine Peace Hopes

before hour & 43 minute

Majority of investors planning to boost portfolios in 2026, survey finds

before hour & 44 minute

New Zealand Faces Growing Gas Supply Risk

before 2 hours & 10 minute

The AI Arms Race Is Cracking Open the Nuclear Fuel Cycle

before 4 hours & 12 minute

A future classic in the making: The eco-friendly iCAUR V27 makes its Middle East debut

before 6 hours & 13 minute

Gold Breaks Higher Amid Mounting Global Debt Fears

before 8 hours & 21 minute

The 2025 Meet Global MICE Congress has drawn twice as many participants

before 10 hours & 7 minute

Remembering Lou Gerstner

before 11 hour & 7 minute

Nigeria: Telecom Sector Shows Resilience Amid Tariff Hikes, Infrastructure Push

before 11 hour & 31 minute

Nigeria: The Attack On Nigeria's Power Infrastructure

before 11 hour & 55 minute

Muscat stock exchange index falls 0.26 percent

before 12 hour & 51 minute

Billion-Dollar Data Centers Are Taking Over the World

before 15 hour & 9 minute

Best Accounting Software for UK Small Business (January 2026): Sage Recognised as the Leading Solution for Managing Finances by Consumer365

before 15 hour & 52 minute

The Dollar Is Facing an End to Its Dominance

before 16 hour & 7 minute

LG Display showcases wide lineup of world-first, leading OLED monitors

2025-12-28