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 ...
Oil prices expected to drop below $60 on increasing OPEC+ supply
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
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.
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.
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 ...
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 ...