News

Oil rises as strong demand outweighs larger-than-expected OPEC+ output hike
Oil rose more than 1% on Monday on signs of strong demand, shrugging off the impact of a higher-than-expected OPEC+ output ...
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.
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 ...
OPEC+ Agrees on Larger-Than-Expected Supply Hike Again
The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...
Oil & Gas Journal2h
OPEC+ increases August production target by 548,000 b/d
ADM Investor Services said the move indicates “a willingness on the group’s part to accept lower prices for larger market ...
Commodities: OPEC+ Surprises With A Larger Supply Increase
ICE Brent is trading lower after OPEC+ agreed on a larger-than-expected supply hike of 548k b/d for August, more than the ...
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 ...