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OPEC+ to Boost Oil Production by 548,000 Barrels Per Day

Oil Markets Brush Off the OPEC+ Production Push

Oil markets have largely ignored the overtly aggressive production policy of OPEC+, with geopolitical fears keeping Brent hovering around $70.

The New York Times · 2d

OPEC Plus Agrees to Pump More Oil in August

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts expected and could lead to lower oil prices.

Associated Press News on MSN · 2d

OPEC+ to boost oil production by 548,000 barrels per day in August

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices.

Oil rises

Reuters on MSN · 23h

Oil rises as strong demand offsets big OPEC+ output hike

Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, as well as concern about the potential impact of U.S. tariffs.

OilPrice.com · 1d

OPEC+ to Complete Unwinding of Oil Output Cuts With Big September Hike

OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an oversupplied market and pressuring U.S. shale producers.

The Wall Street Journal on MSN · 20h

Oil Futures Shrug Off Bigger OPEC+ Output Increase

Oil futures shook off the initial negative reaction to OPEC+ further accelerating the return of production to settle higher.

Machine Fastest on MSN6h

OPEC Strikes Back: How Their Bold Move Could Break the U.S. Oil Industry

In a shocking move that’s rattling global oil markets, OPEC has delivered a powerful blow to the U.S. energy ...

1don MSN

Exxon, Chevron, Shell, BP Stocks Fall. OPEC Oil Plans, Gas Trading Fears Are Biting.

The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...

1don MSN

Summer gas prices are headed even lower, as Saudi Arabia accepts the 'lesser evil' of cheap oil

OPEC+ jolted markets by announcing it would flood the market with more oil.

19h

Oil prices expected to drop below $60 on increasing OPEC+ supply

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

Oil News: Will OPEC Production Surge Sink Crude Oil Futures This Week?

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...

Money Talks News on MSN22h

Fill up for Less? OPEC’s Oil Shift Could Open a Summer Window

Learn why this moment matters for your gas spending and how smart planning can turn it into longer-term savings.

1don MSN

Oil prices fall as OPEC+ ramps up production; U.S. stock futures decline as tariffs to go into effect Aug. 1

U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners won’t take effect until Aug. 1, rather than July 9.

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