News

OPEC+ moves ahead with 3rd output increase amid Russian doubts
In a bold move that underscores a major strategic shift, OPEC+ agreed to ramp up oil production for a third consecutive month ...
Oil News: Bearish Oil Outlook Deepens as Demand Weakens, OPEC+ Decision Looms
Oil demand concerns and a stronger dollar weigh on crude futures as traders await the June 2 OPEC+ decision. WTI closes lower ...
OPEC+ Agrees on Third Oil Supply Surge Despite Russia’s Qualms
OPEC+ agreed to surge oil output for the third month in a row despite reservations from key member Russia, doubling down on a ...
A pivotal OPEC+ decision this weekend could tank crude-oil prices by 10%
A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with ...
Oil price outlook weakens on OPEC+ hikes, lingering trade concerns: Reuters poll
Analysts have revised down their oil price forecasts for the third consecutive month as swelling OPEC+ supply and lingering ...
OPEC+ Supply Hike of 411,000 Barrels a Day is Main Scenario
An OPEC+ supply increase of 411,000 barrels a day in July is the main scenario for talks on Saturday, delegates said.
Kilduff: Supply from OPEC+ and demand from China are the biggest factors for the oil markets
Again Capital's John Kilduff discusses the potential downside risks for oil prices, including OPEC+ increasing output again, ...