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Oil Prices Fall as OPEC Increases Supply Despite Fears of an Economic Slowdown
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
bne IntelliNews on MSN5h
HALLIGAN: Power struggle in OPEC+ is pulling oil prices down
The oil market has entered choppy waters once again. Crude prices fell by a dramatic 18% in April y/y — the sharpest monthly ...
OPEC sends oil prices reeling, but what’s good for Texas drivers may not be for drillers
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
The Institute for Energy Research1d
OPEC+ to Increase Oil Production—Again
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
Why OPEC Plus Is Increasing Oil Supplies Despite Falling Prices
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
Analysis: OPEC+ production hike drags oil price forecasts in H2 2025
Oil prices may have no relief from further downside in the second half of 2025 with increased supply from the OPEC+ flooding ...
Oil prices have crashed to 4-year lows. That means cheaper gas for Americans hitting the roads this summer.
Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...
Oil market 'smile' suggests Saudi Arabia's output shift was well timed
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...
The Economist5h
How Saudi Arabia is cranking up the pressure on its OPEC allies
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
Investor's Business Daily on MSN2d
OPEC Shifts To Oil Price-War Stance Ahead Of Trump Saudi Visit
The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...