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Tag: OPEC

OPEC+ will likely agree to further oil output hike on Sunday, sources say
Stock Market

OPEC+ will likely agree to further oil output hike on Sunday, sources say

By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -Eight OPEC+ countries will likely raise oil output on Sunday…

nileshsha@hotmail.comSeptember 6, 2025
OPEC+ meets this weekend at a precarious time for crude oil. Here’s what’s at stake.
Stock Market

OPEC+ meets this weekend at a precarious time for crude oil. Here’s what’s at stake.

The market has a lot to contend with as OPEC+ considers a second round of production hikes this weekend, against…

nileshsha@hotmail.comSeptember 6, 2025
Would Another OPEC+ Production Surge Really Crash Oil Prices?
Global Economy

Would Another OPEC+ Production Surge Really Crash Oil Prices?

Saudi Arabia and allies ponder whether to resume a 1.66 million barrel-a-day tranche of halted output. www.bloomberg.com #OPEC #Production #Surge #Crash #Oil #Prices

nileshsha@hotmail.comSeptember 5, 2025
Crude Oil Prices Tumble as OPEC+ May Boost Crude Production
Stock Market

Crude Oil Prices Tumble as OPEC+ May Boost Crude Production

October WTI crude oil (CLV25) today is down -1.75 (-2.67%), and October RBOB gasoline (RBV25) is down -0.0301 (-1.47%). Crude…

nileshsha@hotmail.comSeptember 5, 2025
Oil Drifts as Traders Wait for OPEC+ and Next US Move on Russia
Global Economy

Oil Drifts as Traders Wait for OPEC+ and Next US Move on Russia

Oil drifted as traders waited for fresh catalysts to move prices out of what’s been a relatively narrow band, with…

nileshsha@hotmail.comSeptember 2, 2025
What’s next for oil as OPEC+ and Trump shake the market? | Business and Economy
World News

What’s next for oil as OPEC+ and Trump shake the market? | Business and Economy

OPEC+ is opening the oil taps again, while Donald Trump’s tariffs target Russian crude buyers. OPEC+, which includes Saudi Arabia…

nileshsha@hotmail.comAugust 15, 2025
What’s next for oil as OPEC+ and Trump shake the market? | Business and Economy
World News

What’s next for oil as OPEC+ and Trump shake the market? | Business and Economy

OPEC+ is opening the oil taps again, while Donald Trump’s tariffs target Russian crude buyers. OPEC+, which includes Saudi Arabia…

nileshsha@hotmail.comAugust 14, 2025
Russia’s Crude Output Was Slightly Above OPEC+ Target in July
Global Economy

Russia’s Crude Output Was Slightly Above OPEC+ Target in July

Russia’s oil data show its crude output was slightly above the nation’s OPEC+ target in July, according to people familiar…

nileshsha@hotmail.comAugust 5, 2025
OPEC+ Leaves Oil Traders With Cliffhanger
Global Economy

OPEC+ Leaves Oil Traders With Cliffhanger

OPEC+ left oil traders with a cliffhanger, signaling its next move is undecided after a series of bumper production increases…

nileshsha@hotmail.comAugust 4, 2025
OPEC+ makes another large oil output hike in market share push
Stock Market

OPEC+ makes another large oil output hike in market share push

By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON (Reuters) -OPEC+ agreed on Sunday to raise oil production by 547,000…

nileshsha@hotmail.comAugust 4, 2025

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