News

OPEC+ is pumping more oil, but is it needed and at what price?
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
OPEC+ output hikes not causing inventory builds, signaling firm demand
Ministers and executives from OPEC nations, along with bosses of Western oil majors, stated on Wednesday that increased ...
Russia’s Crude Production Stayed Below OPEC+ Target in June
Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.
Exclusive: OPEC+ set to complete big oil output cut unwinding in Sept, sources say
OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...
Analysis: OPEC+ production hikes could drive oil towards $60/barrel
Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts.
Oil prices fall as OPEC+ ramps up production; U.S. stock futures decline as tariffs to go into effect Aug. 1
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...
Saudi plays short and long game with OPEC+ production gamble
Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...
Ticker: OPEC+ to boost oil production; China bans EU medical devices
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...