News

Oil News: Will OPEC Production Surge Sink Crude Oil Futures This Week?
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
OPEC oil output rises in June on Saudi and UAE hikes, Reuters survey finds
OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...
Trade deadlines and oil drama set the stage for a crunch week in global markets
Another assignment that is much more definitive: the OPEC Seminar. The circus rolls back into Vienna as the oil producers' ...
OPEC+ oil output: Group to raise supply by 548,000 bpd in August; cites strong demand, low inventories
OPEC+ nations, led by Saudi Arabia and Russia, will boost crude output by 548,000 barrels per day in August. This decision ...
OilPrice.com2d
OPEC Nudges Output Higher - But Markets Are Awaiting the Real Barrels
OPEC’s June oil production rose by 270,000 bpd, but weak compliance and inconsistent enforcement raise doubts about whether ...
Bloomberg on MSN2d
Vakhshouri: OPEC a Stabilizing Factor in Oil Market
Oil was trading slightly lower ahead of an OPEC+ meeting on July 6 that is set to deliver another oversized production hike.
Oil Gives Back Some Gains With OPEC+ in View
After yesterday’s rally on renewed Middle East geopolitical risk premium, the market was restrained by the widely held view that OPEC+ will agree to bring back another 411,000 barrels a day in August.
OilPrice.com2d
OPEC Set to Move Up Meeting to July 5 and Hike Output Again
OPEC+ may bring its meeting forward to Saturday to approve another oil production hike, though actual supply increases remain ...