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Oil lower, petcoke discount higher towards coal – 2026 forecast
20 Nov 2025 14:27 GMT
… The US Federal Reserve (Fed) cut its central rates by 0 … cent again. No further cuts are expected from the ECB …
US$95.00
Oil
OPEC+ has increased its production again in December … by geopolitics and production increases from OPEC+. Brent oil is trading three …
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Gold price dips as US Fed interest rate cut expectations fall
20 Nov 2025 12:22 GMT
… expectations for an interest rate cut from the US Federal Reserve … supported by two earlier rate cuts from the Fed, as well … accounts for 10% of Iraqi production. Meanwhile, the EU is … surplus as OPEC, its allies and other producers ramp up output, though …
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Will a global oil glut push prices lower in 2026?
20 Nov 2025 09:34 GMT
… warns of an oil surplus in 2026, but OPEC+ predicts a … balanced market.
The world could be producing more oil … costs.
Until now, the OPEC+ group appeared to shrug off … glut. It had been unwinding output cuts, putting more barrels on the …
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Saudi Crude Oil Exports Soar to Seven-Month High
20 Nov 2025 03:10 GMT
…
Saudi Arabia’s crude oil production, meanwhile, jumped by 244 … -led OPEC+ group accelerated the unwinding of the cuts this … total output for December, and to pause the production hikes … global oil demand.
While Saudi Arabia and OPEC+ are boosting production …
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Traders pare Fed rate cut bets after BLS delays data, hawkish FOMC Minutes - Newsquawk US Market Wrap
19 Nov 2025 21:53 GMT
… many favouring a 25bp cut while several preferred holding rates … outlook; most judged that further cuts are appropriate, but several … Novak said Russia may reach OPEC+ oil output quota levels by the … the private metrics, while crude production fell 28k W/ …
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Cuba struggles to ease power cuts amid reduced fuel supplies from Venezuela, Mexico
19 Nov 2025 18:41 GMT
… country from easing daily power cuts.
The Communist-run island relies … overall crude exports.
Pemex’s oil output fell almost 9% to 1 … crude exports suffered a 23% cut in that period to 604 … .S. sanctions policies towards the OPEC producer have forced PDVSA to …
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Oil Prices Dip on Rising U.S. Inventories and Oversupply Concerns
19 Nov 2025 18:19 GMT
… 2026 oil glut could be worse than feared. U.S. crude production … slowed. New customs and production data out of China show … that China’s combined domestic production and imports exceeded refinery … more of its remaining cuts, and non-OPEC supply from the U …
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OPEC Blasts Reports Predicting 2026 Oil Surplus
19 Nov 2025 14:25 GMT
… oil surplus will occur in 2026.
RELATED:
OPEC+ to Discuss Possible Production … data presented in OPEC’s Monthly Oil Market Report (MOMR … driven by rising production from non-OPEC countries such … gradual withdrawal of voluntary production cuts, its recent track …
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Oil Prices Sink 3% as Rising U.S. Inventories Deepen Oversupply Fears
19 Nov 2025 13:50 GMT
… 2026 oil glut could be worse than feared. U.S. crude production … , and new customs and production data out of China show … that China’s combined domestic production and imports exceeded refinery … more of its remaining cuts, and non-OPEC supply from the U …
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Russia was 70,000 bpd behind OPEC+ quota in October — Novak
19 Nov 2025 13:44 GMT
… of oil in October from its quota within the OPEC+ agreement … , Deputy Prime Minister Alexander Novak told reporters.
"Yes, [production …
According to the latest OPEC report, Russia was producing … considering compensations and voluntary cuts.