News
Oil (CL=F, BZ=F) prices dipped on Monday, heading lower as concerns around supply and the state of geopolitics continues to ...
The OPEC+ alliance may be boosting oil-production quotas at a significant pace in a push to restart idled capacity, but that ...
3h
Arabian Post on MSNOPEC+ Quota Increases Yet to Yield Production GainsDubai OPEC+ has escalated production quotas by roughly one million barrels per day from March to June, aiming to reactivate idled capacity, yet actual output across the group remains flat, according ...
Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...
India's top oil suppliers, including Saudi Arabia, Russia, Iraq, and the UAE, have boosted production, directing most of the ...
HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...
Some of the eight countries involved are overproducing their quotas, meaning that the ultimate increase in Opec+ output may ...
HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...
3d
Khaleej Times on MSNOpec+ move to raise output a key pivot for oil marketsBy boosting supply in a market already grappling with sluggish demand, the move is likely to keep oil prices lower for an ...
The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.
The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...
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