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oil, OPEC

Reuters on MSN · 2d

Oil tumbles as OPEC+ hikes August output more than expected

Oil prices slipped more than 1% on Monday after OPEC+ surprised markets by hiking output more than expected in August, raising concerns about oversupply. Brent crude futures fell 80 cents, or 1.2%, to $67.

Gulf Today · 4h

Markets thirsty for oil despite boosts in Opec+ output: UAE

Markets are thirsty for oil because they are absorbing Opec+ production increases without building inventories, United Arab Emirates Energy Minister Suhail

invezz on MSN · 8h

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.

9h

Markets are thirsty for more oil, OPEC+ and oil majors say

Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...

6h

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 ...

2d

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.

2d

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 ...

Emirates News Agency1h

UAE plays vital role in OPEC, OPEC+: Al Mazrouei

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, emphasised the importance of the UAE’s role in the ...

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