opec+ - Search News

News

OPEC, Oil

OPEC+ is pumping more oil, but is it needed and at what price?

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the extra crude, and will the group actually export the additional barrels they say they are going to produce?

The Wall Street Journal on MSN · 6h

Oil Slips on Larger OPEC+ Output Hike

OPEC and its allies agreed to a larger-than-expected production hike for the fourth straight month, fueling concerns about a global supply glut at a time when the demand outlook looks uncertain.

Oil Market Heading For Surplus In 2025 On Latest OPEC+ Output Hike

Another tussle for oil market share at low prices beckons, after OPEC+ producers announced a higher than expected crude production hike that may cause a supply glut.

6h

Exclusive: OPEC+ set to complete big oil output cut unwinding in Sept, sources say

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...

2hon MSN

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 ...

9h

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 ...

1hon MSN

Oil rises as tight market supports despite big OPEC+ hike

Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...

9h

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 ...

The Silicon Review4h

OPEC+ August Oil Production Hike Shocks Global Markets

OPEC+ boosts summer oil production by 548,000 bpd in August, surprising markets, pushing prices lower, and stirring global ...

3d

OPEC+ Moves Meeting to Saturday as Group Weighs Another Hike

Key OPEC+ members brought forward to Saturday an online meeting where they’re set to consider a fourth bumper oil production ...

2don MSN

Oil market watch: Saudi, Russia-led OPEC+ eyes fresh hike for August; focus to likely shift from price stability to market share

OPEC+ members, including Saudi Arabia and Russia, are expected to agree on a 411,000 barrels per day production increase for ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results