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Oil Industry to Invest, Produce Less Before Expected Demand Decline, Study Says -- OPIS
Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Tuesday Ahead of October JOLTS Report
Leading And Lagging Sectors For December 3, 2024
OPEC crude oil production capacity has expanded for two consecutive months, with the narrative of 'overcapacity' sweeping the oil market.
In November, the daily production increased by 0.12 million barrels; under pressure from allies, Iraq has been reducing production for three consecutive months.
OPEC+ Seen Prolonging Oil Output Cuts Through Q1 at Thursday's Meeting - Report
Sector Update: Energy Stocks Lean Lower Pre-Bell Monday