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OPEC+ expected to raise oil production further on Sunday, sources say
Eight OPEC+ members will likely approve another oil output hike on Sunday, sources said, with the group still debating the final size of the increase for September amid fears of further supply disruptions from Russia and a seasonal slowdown in demand.
Nigeria's crude oil production surged to 1.8 million barrels per day, mbpd, in July 2025 to surpass the Organisation of Petroleum Exporting Countries, ...
OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical ...
President Donald Trump’s campaign promise of U.S. energy dominance is running into some crude realities, one of them rattling ...
OPEC members move to raise production by 547,000 per day, finalizing the reversal of a 2.2 million-barrel cut. Energy Aspects ...
OPEC announces cuts to oil production Oil markets shuddered after a surprise announcement this weekend that Saudi Arabia and other oil-producing countries would cut their output of crude oil ...
The OPEC Plus cuts will coincide with the conclusion of that initiative. The timing will amplify the impact, and Mr. Biden is considering releasing more oil reserves intermittently through the ...
Oil prices (CL=F, BZ=F) are under pressure on Monday after US President Trump threatened to raise tariffs on India due to its ...
OPEC has vowed to 2.2 million barrels of daily oil production, which should crash the oil market. It hasn’t happened.
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