Opec
Oil Prices Rise on OPEC+ Output Decision, Geopolitical Risks, and Supply Disruptions
Global oil markets gained fresh momentum this week as geopolitical flashpoints and steady supply decisions combined to push prices higher. From the war-torn east of Europe to fire-ravaged Canada,...
Oil gains on supply concerns as wildfires disrupt Canada supply, Opec+ keeps output plans unchanged
[NEW YORK] Oil prices climbed nearly 3 per cent on Monday on supply concerns as producer group Opec+ decided not to accelerate plans to hike output and wildfires in Canada’s oil-producing province...
Oil advances as Opec+ supply boost vies with geopolitical risk
Published Mon, Jun 2, 2025 · 08:02 AM[SINGAPORE] Oil gained as a third straight production increase by the Organization of the Petroleum Exporting Countries and its allies (Opec+) vied...
OPEC+ Maintains Oil Production Increase as Prices Soften and Market Awaits Demand Recovery
With international oil markets facing price pressure and economic instability, OPEC+ has remained committed to gradually restoring supply. The producer alliance announced it will raise output by 411,000 barrels...
Oil finishes down on possible OPEC+ output hike
[HOUSTON] US crude futures fell on Friday (May 30) as traders expected Opec+ would decide on Saturday to boost oil output for July beyond previous forecasts.Brent crude futures settled...
Oil Prices Climb as U.S. Court Blocks Tariffs, Supply Disruptions and OPEC+ Production Talks Raise Market Expectations
Oil prices rose on Thursday after a U.S. trade court denied most of the tariffs the Trump administration had put in place. The move allayed fears over the global economy and...
Oil gains on supply concerns, investors await July Opec+ output decision
[NEW YORK] Oil prices gained more than 1 per cent on Wednesday on supply concerns as Opec+ agreed to leave their output policy unchanged and as the US barred Chevron...
Oil prices ease as US-Iran talks, Opec+ plans spur supply concerns
[HOUSTON] Oil prices settled 1 per cent lower on Tuesday as investors worried about a supply glut after Iranian and US delegations made progress in their talks and on expectations that...
