News

Oil rises as strong demand offsets big OPEC+ output hike
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...
OilPrice.com3d
OPEC Set to Move Up Meeting to July 5 and Hike Output Again
OPEC+ may bring its meeting forward to Saturday to approve another oil production hike, though actual supply increases remain below targets due to uneven compliance.
Ship & Bunker3h
Oil Jumps As New-Found Bears Shrug Off OPEC's Massive Output Boost
Even OPEC's output decision was regarded as a non-threat in some quarters, specifically, FGE, whose analysts wrote in a note that the actual month-on-month rise will be generally smaller because Iraq ...
Agence France-Presse on MSN2d
Eight OPEC+ alliance members move toward output hike at meeting
Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with analysts ...
OPEC+ Moves Meeting to Saturday as Group Weighs Another Hike
Key OPEC+ members brought forward to Saturday an online meeting where they’re set to consider a fourth bumper oil production ...
Investing2d
OPEC Meeting
OPEC meetings are attended by representatives from 13 oil-rich nations. They discuss a range of topics regarding energy markets and agree on how much oil they will produce.
Rigzone4d
Analysts Reveal What They Expect at Next OPEC+ 8 Meeting
We expect ministers will continue the unwinding of the November 2023 tranche of cuts', analysts at Standard Chartered Bank ...
Vakhshouri: OPEC a Stabilizing Factor in Oil Market
Oil was trading slightly lower ahead of an OPEC+ meeting on July 6 that is set to deliver another oversized production hike.
Week Ahead: FOMC Minutes, Liberation Day Deadline, UK GDP, OPEC Updates to Watch
WED: "Liberation Day" Tariffs take effect (end of 90-day suspension), EU-US Tariff Negotiation Deadline (50% duty on all EU imports), FOMC Minutes (Jun); Chinese CPI (Jun), PPI (Jun), US Wholesale ...