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Oil prices rebounded more than $1 a barrel on Monday after producer group OPEC+ decided to increase output in July by the ...
HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...
Eight oil-producing nations of the OPEC+ alliance could hike output by as much as 411,000 barrels per day in July, two OPEC+ ...
The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...
Oil fell to a four-year low in April below $60 per barrel after OPEC+ said it was accelerating its output hike in May and as ...
Crude oil jumps 3% as OPEC+ holds July output steady. Futures break above 50-day MA, eyeing $64.40 with strong demand and ...
OPEC+ is reportedly considering a larger-than-planned oil production increase for July in response to Kazakhstan's refusal to ...
LONDON/MOSCOW, (Reuters) – OPEC+ agreed today to hike July oil output by 411,000 barrels per day (bpd), the same as in May and June, as the group of oil-producing countries continues to ...
The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely ...
OPEC+ agreed to surge oil output for the third month in a row despite reservations from key member Russia, doubling down on a ...