News

OPEC+ expected to raise oil production further on Sunday, sources say
Eight OPEC+ members will likely approve another oil output hike on Sunday, sources said, with the group still debating the ...
Catalyst Watch: Palantir earnings, Firefly Aerospace IPO, OPEC+, and the Fed's SLOOS report
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Read more ...
The Northwest Arkansas Democrat-Gazette1h
Exxon, Chevron profits fall as OPEC+ raises output
Exxon Mobil's second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ramped up production.
OilPrice.com16h
OPEC+ Nears Decision Point on Next Oil Output Hike
OPEC+ is inching toward a pivotal decision this weekend: whether to greenlight another 548,000 bpd in production hikes for ...
ZAWYA19h
OPEC+ seen further raising oil production on Sunday, sources say
OPEC+, which pumps about half of the world's oil, has been curtailing production for several years to support the market ...
OPEC+ panel stresses need for full compliance with output limits
An OPEC+ panel on Monday stressed the need for full compliance with oil production agreements, ahead of Sunday's separate ...
Q2 profits at Exxon Mobil and Chevron dip to lowest level in 4 years on subdued energy prices
Exxon Mobil’s profit dropped in the second quarter to the lowest level in four years as oil prices declined amid an increase ...
OPEC+ Agrees on Larger-Than-Expected Supply Hike Again
The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...
Major Banks Nudge Oil Forecast Higher But U.S. Tariffs, OPEC+ Hikes Weigh on Outlook
Major Wall Street banks have modestly lifted their oil-price forecasts for this year and next, but lingering uncertainty over ...