(Bloomberg) — OPEC+ will increase oil production even more rapidly than expected next month, as the group led by Saudi…
Tag: OPEC
Oil prices ease on US tariff uncertainty ahead of expected OPEC+ output boost
By Nicole Jao NEW YORK (Reuters) -Oil prices fell slightly on Thursday as investors worried that U.S. tariffs could slow…
Oil edges down on expectations of more OPEC+ supply, tariff fears
Oil prices edged down on Tuesday, weighed by expectations of an OPEC+ output hike in August and concerns of an…
Oil steadies after report of planned OPEC+ August output hike
By Erwin Seba HOUSTON (Reuters) -Oil prices edged up slightly on Friday, recovering from a midday drop into negative territory…
Oil prices surge: OPEC+ production increase fuels oil surge amid geopolitical tensions
Oil surged after OPEC+ increased production less than some had feared and geopolitical concerns flared over Ukraine and Iran. The…
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…
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+…
asian shares: Oil slumps after OPEC+ plan, US stock futures drop
Oil slumped in early trading after OPEC+ agreed to a further surge in output over the weekend, bolstering global supplies.…
Oil posts biggest weekly loss in a month ahead of OPEC+ meeting
By Shariq Khan NEW YORK (Reuters) -Oil prices fell over 1% lower on Friday and recorded for their biggest weekly…