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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.

Seeking Alpha on MSN · 4d

Oil sinks 4% after OPEC output increase

Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) -3.5% dropped more than 3%. Eight members of OPEC+ on Saturday announced a second straight monthly increase of 411K barrels of crude per day for June.

Oil, China and trade

Reuters on MSN · 1h

Oil set for weekly gain ahead of US-China trade talks

Oil prices rose on Friday, poised for a weekly gain as trade tensions between top oil consumers China and the United States showed signs of easing and Britain announced a "breakthrough" U.S. trade deal.

The Wall Street Journal on MSN · 16h

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.

SweetCrude Reports on MSN · 11h

Crude oil rebound reflects optimism over the U.S.-China dialogue

The crude oil market experienced a notable price increase, driven by renewed optimism surrounding the upcoming trade negotiations between the United States and China. This surge led to a rebound in Brent crude,

23h

OPEC April Oil Output Edges Lower Despite Plans for Hike, Survey Finds

The reduction comes despite OPEC+, which comprises OPEC and its allies including Russia, beginning in April to unwind its ...

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 ...

9hon MSN

Oil prices little changed ahead of Sino-US trade meeting

Oil prices were little changed early on Friday after rising more than 3% in the previous session, as trade tension between ...

The Economist1d

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 ...

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, ...

4d

OPEC+'s 'healthy' crude oil market looks like catching a cold: Russell

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

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