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OPEC, Oil Prices

The New York Times · 3d

Oil Prices Fall as OPEC Increases Supply Despite Fears of an Economic Slowdown

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

The Dallas Morning News on MSN · 3d

OPEC sends oil prices reeling, but what’s good for Texas drivers may not be for drillers

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to existing concerns about how tariffs may impact worldwide demand. Brent fell to $60 per barrel, while U.S. crude ( West Texas Intermediate) slid by 2% to settle around $57 per barrel.

Reuters on MSN · 2d

Higher OPEC+ output, tariff uncertainty raising oil price volatility, EIA says

Perceptions of oversupply among oil market participants from increasing OPEC+ output and uncertainty about the economic impact of tariffs have raised short-term oil price volatility, the U.S. Energy Information Administration said on Tuesday.

Oil, Sino and Trade Deal

Reuters on MSN · 33m

Oil prices gain ahead of Sino-US trade talks

Oil prices were up on Friday, after rising about 3% in the previous session, as trade tensions between top oil consumers U.S. and China showed signs of easing and Britain announced a "breakthrough" trade deal with the United States.

U.S. News Money · 5h

Oil Prices Little Changed Ahead of Sino-US Trade Meeting

Tighter U.S. sanctions on Iran could restrict supply and push prices higher. Sanctions on two small Chinese refiners for buying Iranian oil made it difficult for them to receive crude and led them to sell their product under alternative names, sources told Reuters on Thursday.

The Wall Street Journal on MSN · 12h

Oil Futures Rally on U.S.-U.K. Trade Deal Optimism

Oil futures rallied on news of a trade deal between the U.S. and the U.K. that includes lowering the tariff on British-made cars imported into the U.S. and exempting some goods from an overall 10% tariff.

19hon MSN

OPEC April oil output edges lower despite plans for hike, survey finds

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

Investor's Business Daily on MSN3d

OPEC Shifts To Oil Price-War Stance Ahead Of Trump Saudi Visit

The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...

The Institute for Energy Research1d

OPEC+ to Increase Oil Production—Again

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...

3don MSN

Oil prices have crashed to 4-year lows. That means cheaper gas for Americans hitting the roads this summer.

Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...

The Economist22h

How Saudi Arabia is cranking up the pressure on its OPEC allies

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Oil market 'smile' suggests Saudi Arabia's output shift was well timed

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...

2don MSN

Crude oil rises in technical rebound after OPEC-induced drop; more banks cut price views

Crude oil futures rebounded Tuesday in a move analysts saw as a technical rebound from the prior session's losses, likely with a significant amount of profit taking out of short holdings. Prices also ...

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