Latest Commerzbank AG News

Key members of OPEC+ alliance are putting off production increases amid slack crude prices

Dec. 05, 2024 10:43 AM EST

FRANKFURT, Germany (AP) — Eight members of the OPEC+ alliance of oil exporting countries decided Thursday to put off increasing oil production as they face weaker than expected demand and competing production from non-allied countries — factors that could keep oil prices stagnant into next...