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HSBC Sees OPEC+ Output Hikes Weighing on Oil Prices in Late 2025
HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...
OPEC+ oil producers stick to their guns with another big hike for July
The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...
OPEC+ Adopts Plan for 2027 Baselines Ahead of July Output Hike Talks
Oil fell to a four-year low in April below $60 per barrel after OPEC+ said it was accelerating its output hike in May and as ...
Oil News: Oil Futures Rally Past 50-Day MA as OPEC+ Keeps July Production Unchanged
Crude oil jumps 3% as OPEC+ holds July output steady. Futures break above 50-day MA, eyeing $64.40 with strong demand and ...
Oil jumps after OPEC+ sticks to same output hike in July versus June
Oil prices rebounded more than $1 a barrel on Monday after producer group OPEC+ decided to increase output in July by the ...
The OPEC+ Production Boost May Have a Bigger Bark Than Bite
The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.
Emirates News Agency on MSN6d
OPEC+ countries agree production adjustment of 411,000 barrels per day in July 2025
The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely ...
OPEC+ Set to Agree July Oil Output Hike This Week, Sources Say
Oil fell to a four-year low in April below $60 per barrel after OPEC+ said it was accelerating its output hike in May and as ...
Free Malaysia Today on MSN7d
OPEC+ announces sharp increase in July oil production
OPEC+ agreed on Saturday to hike July oil output by 411,000 barrels per day (bpd), the same as in May and June, as the group ...
OPEC+ Agrees on Third Oil Supply Surge Despite Russia’s Qualms
OPEC+ agreed to surge oil output for the third month in a row despite reservations from key member Russia, doubling down on a ...