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OPEC, Oil

The New York Times · 4h

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.

The Wall Street Journal · 5h

Oil Falls to Fresh Four-Year Low Following OPEC Production Push

Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to boost output again in June despite slumping fuel prices. Benchm

Seeking Alpha on MSN · 1h

OPEC+ production hike ratchets up global oil oversupply, Morgan Stanley says

Crude oil futures settled at the lowest levels in more than four years after the decision by OPEC+ to accelerate its production increases sparked concerns about rising global supply.

4hon MSN

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 ...

Opec’s ‘healthy’ crude oil market looks like catching a cold

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

OPEC+ Production Decision Will Widen Global Oil Oversupply, Morgan Stanley Says -- OPIS

Morgan Stanley analysts on Sunday said Saturday's announcement by OPEC+ that it will increase June output by 411,000 b/d for a second straight month will widen the supply surplus this year and next, ...

OPEC+'s 'healthy' crude oil market looks like catching a cold: Russell

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

41m

Bloomberg Daybreak Asia: Dollar, OPEC Supply in Focus

Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg.