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Oil prices continue dropping yesterday as markets digest the decision by the Organisation of Petroleum Exporting Countries and Allies (OPEC+) to implement another significant output increase in ...
A survey on Friday found that OPEC oil production increased in July following an OPEC+ deal to increase production. However, ...
OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...
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September WTI crude oil (CLU25) today is down -0.10 (-0.16%), and September RBOB gasoline (RBU25) is down -0.063 (-0.30%).
Kuwait's Oil Minister Tariq AlRoumi stated on Thursday that OPEC closely monitors global oil supply and demand trends as well as U.S.
Roumi, notes OPEC's vigilant eye on global oil trends, particularly U.S. President Trump's comments on Russian oil. Despite a ...
LONDON, August 7 (Reuters) -OPEC+ oil producers have used high summer demand to launch their first output increases in three ...
Saudi effectively accounted for all of the increase, as it boosted exports by 631,000 bpd over the March-June period while ...
Oil ETFs hit by OPEC+ plans to boost production. USO, BNO, and UCO saw significant losses. Equity-based and diversified funds ...
Over the weekend, eight OPEC+ members agreed to raise the group's production by 547,000 b/d in September for a fifth-straight monthly increase in the oil cartel's output. That is on track to ...