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Oil, OPEC

Oil rises as strong demand outweighs larger-than-expected OPEC+ output hike

Oil rose more than 1% on Monday on signs of strong demand, shrugging off the impact of a higher-than-expected OPEC+ output hike for August as well as concerns about the potential impact of U.S. tariffs.

The Wall Street Journal on MSN · 10h

Oil Pares Losses as Market Shrugs off Larger OPEC+ Output Hike

Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks appeared contained.

Investopedia on MSN · 11h

OPEC+ Agrees on Larger-Than-Expected Supply Hike Again

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than expected, raising concerns about a potential oversupply.

8h

Russia’s Crude Production Stayed Below OPEC+ Target in June

Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.

Oil & Gas Journal1h

OPEC+ increases August production target by 548,000 b/d

ADM Investor Services said the move indicates “a willingness on the group’s part to accept lower prices for larger market ...

17h

Commodities: OPEC+ Surprises With A Larger Supply Increase

ICE Brent is trading lower after OPEC+ agreed on a larger-than-expected supply hike of 548k b/d for August, more than the ...

18h

OPEC+ to Boost Oil Supply Faster Than Expected in August

OPEC+ will increase oil production even more rapidly than expected next month as eight key alliance members agreed to raise ...

19hon 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 ...

22h

Ticker: OPEC+ to boost oil production; China bans EU medical devices

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

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