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.
ADVERTISEMENT - CONTINUE READING BELOW
Search investingLive
OPEC+ could delay oil production hike scheduled for December by one month or more
- Reuters report
ADVERTISEMENT - CONTINUE READING BELOW
- Tags
- Oil
Most Popular
- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Deutsche Bank flags inconsistent market pricing as Iran conflict drags on
- Iran and Israel report separately that hostility flare up has ended at present
- US trade court strikes down Trump's 10% global tariffs in 2-1 ruling
- US CENTCOM says US destroyers repelled Iranian attack in Strait of Hormuz
- US strikes Bandar Abbas and Qeshm as Gulf tensions surge past ceasefire
- investingLive Americas FX news wrap 7 MayFed officials not anxious to cut/Iran tensions up
ADVERTISEMENT - CONTINUE READING BELOW
Best in 2026
Sponsored
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
Telegram Community
Gain Access
Small-caps plunge 1.6% on Iran tensions & earnings; valuations offer upside vs. stretched large-caps.
Motley Fool
54s ago
PTEN's 120% yearly gain & 3% yield attract Lisanti Capital. Oilfield services cycle bet despite past rally.
Motley Fool
13m ago
Absci's ABS-201 targets $25B hair regrowth market; Phase 1/2a data due soon, potential for durable growth.
Motley Fool
25m ago
Oil whipsawed as Strait of Hormuz tensions rise. US & Iran exchange fire, impacting global energy crisis.
Bloomberg
29m ago
MindMed's DT120 nears Phase III data readouts for MDD/GAD, targeting $2B+ market. Cash runway to 2028.
Motley Fool
36m ago
Solv Protocol ditches LayerZero for Chainlink CCIP after $292M exploit, boosting security.
decrypt
40m ago
ZD's Q1 revenue down 18.6%, EPS misses. Stock dips 1.9%. Valuation unclear.
StockStory
44m ago
Telegram Community
Gain Access
Best in 2026
Sponsored
Must Read
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}