Opec
Oil Prices Rise Slightly Ahead of US Holiday as Traders Eye Iran Talks and OPEC+ Output
Oil prices were slightly higher on Friday as American traders adjusted their positions before the long Memorial Day weekend, a time when demand for travel and fuel tends to...
Oil Prices Slide as OPEC+ Mulls Output Hike and U.S.-EU Trade Tensions Escalate
Oil prices dropped more than 1 percent on Friday and were on pace for their first weekly loss in three weeks. The decline comes with the backdrop of speculation that...
Oil prices settle down on potential further increase in Opec+ output
[HOUSTON] Oil prices settled lower on Thursday as investors weighed a report that Opec+ is discussing a production increase for July, stoking concerns that global supply could outpace demand growth.Brent futures...
Oil Prices Fall as OPEC+ Considers Boosting Output Amid Rising Supply Concerns
Oil prices fell more than 1% on Thursday after reports emerged that the OPEC+ group of producers might boost production in July. This has seen worries emerge about global...
Opec expects slower 2025 oil supply growth from rivals after price drop
Rapid growth from US shale and from other countries has weighed on prices in recent yearsPublished Wed, May 14, 2025 · 10:13 PM[LONDON] Opec on Wednesday (May 14) trimmed...
Oil ends at four-year lows as Opec+ accelerates output hikes
[NEW YORK] Oil fell by more than US$1 a barrel on Monday to settle at over four-year lows as an Opec+ decision to expedite its output hikes stoked fears about...
Oil drops more than US$2/barrel as Opec+ accelerates output hikes
Published Mon, May 5, 2025 · 10:17 AM[SINGAPORE] Oil prices fell more than US$2 a barrel in early Asian trade on Monday as Opec+ is set to further speed up oil output hikes,...
Saudis warn of more supply unless Opec+ cheats fall in line
Published Mon, May 5, 2025 · 06:11 AM[CAIRO] The Organization of the Petroleum Exporting Countries and its allies (Opec+) leader Saudi Arabia warned the group’s overproducing members it could...
