HSBC Sees OPEC+ Output Hikes Weighing on Oil Prices in Late 2025
HSBC’s forecast that Brent Crude prices would remain around $65 per barrel later this year could be too…
StanChart: OPEC+ Is About To Become Much More Transparent
A week ago, the 39th OPEC and non-OPEC Ministerial Meeting was held via videoconference, chaired by Prince Abdulaziz…
Oil Bulls Bite Back as Prices Defy Expectations
OPEC+ did what everyone expected it to do last weekend, announcing another production ramp-up. Prices, however, did something…
Is A New Oil Price War Between The West And OPEC About To Break Out?
It is highly unlikely that anyone with even a modicum of intelligence has lost money in the past…
Trump’s tariff and energy policies threaten US oil value as OPEC increases supply
WASHINGTON (TNND) — The OPEC+ oil cartel said over the weekend that several members will ramp up production…
Oil Advances as OPEC+ Supply Boost Vies With Geopolitical Risk
(Bloomberg) — Oil surged after OPEC+ increased production less than some had feared and geopolitical concerns flared in…
Oil under $65 a boon for consumers, but a burden on producers
US President Donald Trump‘s tariffs, his call to “drill baby drill” and especially a decision by OPEC+ to…
Canadian Wildfires Force Oilsands Evacuations, Stop Oil
(Bloomberg) — Raging Western Canadian wildfires that have forced thousands of people from their homes are now also…
Oil under $65 a boon for consumers, but a burden on producers
Cargo ships outside an oil and gas storage facility at a port in Luanda, the capital of Angola…
OPEC+ announces sharp increase in July oil production | Nation
Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production…
OPEC+ to hike July oil production after Trump urges Saudi to increase output
VIENNA: Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude…
Stocks Bounce From Lows on US-China Trade Hopes: Markets
(Bloomberg) — A renewed bout of volatility gripped stocks in the last stretch of the month, with the…