Search investingLive
Home
OPEC+ could delay oil production hike scheduled for December by one month or more

OPEC+ could delay oil production hike scheduled for December by one month or more

News
Adam Button
30/10/2024 | 12:27 GMT
  • Reuters report
OPEC

OPEC+ plans to slowly reintroduce curbed production in December but a Reuters report said they could delay the hike by one month or more, citing three sources.

Brent crude was trading at $71.89 ahead of the report and immediately rose 50 cents.

Most Popular

Best in 2026

Sponsored

General Risk Warning
Best Prop Firm in 2026: Detailed Comparison
Best Forex Brokers in 2026: Detailed Comparison
investingLive Premium
Telegram Community
Gain Access
View more

NVDA trades at 22x forward earnings, a familiar low valuation before its historic AI-driven rally.

Motley Fool
9m ago

US futures dip amid Iran conflict. Oil prices jump to $110/bbl. Dow, Nasdaq, S&P 500 see weekly losses.

YahooFinance
14m ago

AI stocks face volatility as VIX hits 24. Quality players may dip but offer long-term rebound potential.

Motley Fool
22m ago

S&P 500 faces 35% crash risk from 2 catalysts. Long-term investors may see opportunity.

YahooFinance
26m ago

Goldman Sachs raised 2026 oil forecasts, citing prolonged Hormuz disruption and structural supply risks. Brent seen at $85 and WTI at $79, as constrained flows and rising stockpiling drive a higher long-term price outlook.

Goldman Sachs raised 2026 oil forecasts, citing prolonged Hormuz disruption and structural supply risks. Brent seen at $85 and WTI at $79, as constrained flows and rising stockpiling drive a higher long-term price outlook.
investingLive Exclusive
28m ago

WU's margins climb to 20% on tech upgrades, outperforming S&P 500. High dividend yield, but turnaround's early.

Motley Fool
31m ago

Blackstone’s BCRED posted its first loss in over three years, down 0.4% in Feb, as private credit faces rising liquidity concerns. Investor withdrawals surged and banks tightened lending, signalling growing stress across the sector.

investingLive Exclusive
45m ago
investingLive Premium
Telegram Community
Gain Access

Best in 2026

Sponsored

General Risk Warning
Best Prop Firm in 2026: Detailed Comparison
Best Forex Brokers in 2026: Detailed Comparison

Must Read

Follow Us

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.

Advisory warning: investingLive is not an investment advisor, investingLive provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and investingLive specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided on an "as-is" basis as a general market commentary and does not constitute investment or trading advice, and we do not purport to present the entire relevant or available public information with respect to a specific market or security. investingLive expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.

Disclaimer: investingLive may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

© 2026 Finance Magnates CY Limited — Part of Ultimate Group

Read our Terms, Cookies and Privacy Notice

Manage Cookies
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}