Oil, OPEC

Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production
Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans to gradually increase crude production beginning in April.
Oil Stocks Fall Hard After OPEC Move to Boost Production
The decision is a serious negative for the oil market, given that oil demand is rising too slowly to sop up all of the extra supply.
OPEC+ to proceed with planned April oil output hike
OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S. President Donald Trump renewing pressure on OPEC and Saudi Arabia to bring down prices.
OPEC+ will start long-delayed oil production hike
A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries that have repeatedly delayed production increases will now move forward
Oil prices near three-month low as Opec+ prepares to raise output from April after prolonged cuts
Opec+ nations have reaffirmed their December decision to proceed with a gradual and flexible return of the 2.2 million bpd voluntary output adjustments starting April 2025, while remaining adaptable t
Crude oil futures decline as OPEC plans to increase production
Crude oil futures drop as OPEC+ plans gradual production increase, impacting global oil market and commodity trading trends.
OPEC+ to Proceed With Planned April Oil Output Hike, Sources Say
OPEC+, which includes OPEC members plus Russia and other allies, has been cutting output by 5.85 million barrels per day (bpd), equal to about 5.7% of global supply, agreed in a series of steps since 2022 to support the market.
Oil slides to three-month low as OPEC brings production cuts back online starting April 1
Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move that threatens to deepen a projected global surplus of crude.
Oil Prices Keep Falling. Tariffs Aren’t the Only Reason.
President Donald Trump confirmed Monday that 25% tariffs on Canada and Mexico are “all set” to take effect Tuesday. He also ...
OPEC+'s 'healthy' crude oil market is an illusion, Trump effect isn't: Russell
The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to "the healthy market ...
Brazil to join major oil-exporting nations in OPEC+ group
The group includes the 12 members of OPEC, the longstanding group set up to coordinate oil production to stabilize ...
Oil Demand Concerns Weigh on Outlook
Growing concerns over demand are weighing on the oil market's outlook amid OPEC+ supply dynamics and U.S. tariffs, ING ...
Oil down on OPEC+ output increase, tariffs start and US pause on Ukraine aid
Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and ...
Crude Oil Prices4d
OPEC’s Relevance Isn’t Fading—Yet
OPEC+ output cuts have been in place for a long period of time, but continued demand growth makes OPEC+ relevant for years to ...
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NIES: OPEC reassures on unlocking Africa’s oil potential
The Organisation of the Petroleum Exporting Countries (OPEC) has assured of its commitment to unlocking Africa’s full oil potential, saying doing that remains the organisation’s top priority.The ...
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Libya to hold first oil exploration bidding round in 17 years
After a pause of almost 17 years, Libya is preparing to host a bidding round for oil exploration. The announcement was made ...