opec - Search News

News

OPEC, Oil

Oil prices fall as OPEC+ output hikes counter Russia disruption concerns

Oil prices slipped on Tuesday as rising OPEC+ supply and worries of weaker global demand countered concern about U.S. President Donald Trump's threats to India over its Russian oil purchases.

MarketWatch · 18h

Nymex Overview: Oil Set for Fourth Daily Drop; OPEC+ Output Hike in Focus -- OPIS

Over the weekend, eight OPEC+ members agreed to raise the group's production by 547,000 b/d in September for a fifth-straight monthly increase in the oil cartel's output. That is on track to completely reverse OPEC's nearly two-year effort to unwind 2.2 million b/d production curbs following Covid demand destruction.

AGBI on MSN · 1d

Oil prices drop as Opec+ presses on with output hike

Oil prices drifted lower on Tuesday on oversupply concerns as Opec+ moved ahead with another large output hike despite a weak demand outlook, more than offsetting the potential for tighter Russian oil trade due to US policies.

OilPrice.com13h

After OPEC’s Oil Supply Cuts, What Now?

Geopolitical tensions, such as U.S. pressure on countries like India to stop buying Russian oil, could lead to further ...

OPEC Plus Will Increase Oil Output

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...

2don MSN

OPEC+ countries to boost oil production by 547,000 barrels per day

A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...

2don MSN

Logic for OPEC policy not market share: Energy Aspects

OPEC members move to raise production by 547,000 per day, finalizing the reversal of a 2.2 million-barrel cut. Energy Aspects ...

2don MSN

OPEC+ Countries Agree to Boost Oil Production: What to Know

OPEC+ members have agreed to a second consecutive production increase this year, effectively ending voluntary cuts on ...

The National Interest on MSN19h

OPEC+ Unwind Opens Door for Trump to Go After Russian and Iranian Oil Exports

President Trump may have a way to go after Russian and Iranian oil exports as a result of OPEC+'s recent decision.

Texas Standard1d

OPEC surge, rig count putting damper on Trump bid for US energy dominance

Texas Standard: That promise for U.S. Energy dominance is running into a flood of OPEC crude oil. Apparently, on Sunday, the ...

2don MSN

Venezuela's oil exports fell in July as partners awaited US authorizations

Venezuela's oil exports declined about 10% in July from the previous month as key partners of state company PDVSA awaited U.S ...

Non-OPEC Oil Supply Growth to Peak in Early 2026, BP Says

Oil supply growth from non-OPEC producers is set to peak in early 2026, while demand remains robust, according to BP Plc Chief Executive Officer Murray Auchincloss.

1don MSN

The Numbers Look Bad for Oil Prices. Traders Don’t Seem to Believe Them.

OPEC has vowed to 2.2 million barrels of daily oil production, which should crash the oil market. It hasn’t happened.

4don MSN

US light crude falls more than $1 on possible OPEC production boost

U.S. light crude oil prices fell more than $1 a barrel in early trade in New York on a possible increase in production by ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results