OPEC+ members agree larger-than-expected oil production hike in August
The OPEC logo is displayed on a mobile phone screen in front of a computer screen displaying OPEC icons in…
Tag: OPEC
Oil falls slightly ahead of expected OPEC+ output increase
By Amanda Stephenson CALGARY (Reuters) -Oil futures slipped slightly in thin holiday trading on Friday, as the market looked ahead…
Trump Signs Tax and Spending Bill, OPEC Will Increase Production
Source: Bloomberg, 4:50 www.bloomberg.com #Trump #Signs #Tax #Spending #Bill #OPEC #Increase #Production
OPEC+ Considers Adding More than 411,000 Barrels on Saturday
OPEC+ is considering speeding up its oil production revival even further, and will discuss a hike of more than 411,000…
OPEC+ Wants to Pump Its Way Back to the Top
Photo by Getty Images via Unsplash The oil-producing cartel OPEC+ seems to have a new mantra right in time for…
Why oil demand may outpace supply, despite best efforts from OPEC+
A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude inventories, even…
Oil Falls as Risk Premium Recedes Before OPEC+ Supply Decision
Oil fell, following its biggest weekly loss in more than two years, as hedge funds piled into bearish bets after…
An EV Revolution Is Happening in the Heart of OPEC
The Gulf states are looking beyond oil and the internal combustion engine. www.bloomberg.com #Revolution #Happening #Heart #OPEC
Iran Conflict Poses Rewards and Risks for OPEC+
Saudi Arabia and allies may use the crisis to speed up more output hikes, while a besieged Tehran could target shipping lanes. www.bloomberg.com…
Oil rebounds after OPEC+ sticks to same output hike in July vs June
By Florence Tan SINGAPORE (Reuters) – Oil prices rebounded more than $1 a barrel in early Asian trade on Monday…