Oil prices set to drop more as OPEC+ agrees to another sharp production hike
The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month in…
Tag: OPEC
OPEC+ oil producers stick to their guns with another big hike for July
By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -The world’s largest group of oil producers, OPEC+, stuck to…
Opec+ to boost oil output for third consecutive month
Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. Opec+…
OPEC+ Agrees on Third Oil Supply Surge to Deepen Price Slump
OPEC+ agreed to surge oil output by 411,000 barrels a day for the third month in a row, doubling down…
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…
Oil finishes down on possible OPEC+ output hike
By Erwin Seba HOUSTON (Reuters) -U.S. crude futures fell on Friday as traders expected OPEC+ would decide on Saturday to…
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,…
OPEC+ Prepares Third Dose of Oil Shock Therapy
Saudi Arabia and its partners have discussed another large output hike, even as prices slide and demand wavers. www.bloomberg.com #OPEC #Prepares #Dose…
OPEC+ Gathers for Quota Review Before Decision on July Output
OPEC+ will gather online on Wednesday to review production quotas for this year and next, before eight key members decide…
Oil Steadies as Traders Focus on EU Trade Talks, OPEC+ Meeting
Oil was steady as the market weighed the prospect for easing trade tensions between the European Union and the US…