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OPEC, crude oil

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 extra crude, and will the group actually export the additional barrels they say they are going to produce?

UPI on MSN · 4d

OPEC+ to boost crude oil production in August

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in August.

BNN Bloomberg · 14h

OPEC looking to regain market share with oil production increases, expert says

The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional barrels per day set to hit global markets in August, in a bid to regain market share lost to other oil producers,

1h

Struyven: OPEC Production Cuts Always Seemed Temporary

Oil steadied as traders weighed a large increase in US crude stockpiles and a wave of new tariff rates from President Donald ...

4d

Oil News: Will OPEC Production Surge Sink Crude Oil Futures This Week?

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...

OPEC forecast fuels optimism for Azerbaijan’s oil-driven growth

The Energy Information Administration (EIA) of the U.S. Department of Energy recently released its forecast for OPEC’s daily ...

2d

Saudi plays short and long game with OPEC+ production gamble

Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...

2don MSN

Crude oil prices fall after OPEC hikes August output more than expected; MCX crude drops nearly 2%

Crude oil prices declined after OPEC agreed to raise production by 548,000 barrels per day in August. Oil prices also came ...

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