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Browsing Tag

opec

534 posts
PPetroleum
A barrel of crude oil is the cheapest it has been in four years. But what happens when oil becomes too cheap?
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Can crude oil become too cheap?

  • 2025-05-05
Oil is cheaper than it has been since early 2021, when the price of a barrel of crude…
EEstonia
Fall in oil prices could reach Estonian gas stations in coming days | News
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Fall in oil prices could reach Estonian gas stations in coming days | News

  • 2025-05-05
Oil prices fell by more than three percent on Monday following the decision by the Organization of the…
CCrude Oil
Riyadh
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Saudi Arabia’s New Oil Play – Embracing the Glut to Win the Long Game

  • 2025-05-05
By Irina Slav – May 05, 2025, 12:00 PM CDT Oil markets took another hit this weekend as…
CCrude Oil
Oil prices dip as OPEC+ agrees to increase supply in June
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Oil prices dip as OPEC+ agrees to increase supply in June

  • 2025-05-05
00:00 Speaker A Oil prices are falling after OPEC Plus agreed to increase production in June, the second…
CCrude Oil
oil
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Goldman Sachs Slashes Its Oil Price Forecast Yet Again

  • 2025-05-05
Goldman Sachs has slashed its oil price forecast for a third time in one month after OPEC+ decided…
UUnited States
Oil prices fall and world share prices are mixed in thin holiday trading
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Oil prices fall and world share prices are mixed in thin holiday trading

  • 2025-05-05
HONG KONG (AP) — Global shares were mixed in holiday-thinned trading Monday, while oil prices fell after the…
CCrude Oil
OPEC: India may benefit as oil faces fresh downside on weak global cues: Jonathan Barratt
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OPEC: India may benefit as oil faces fresh downside on weak global cues: Jonathan Barratt

  • 2025-05-05
“Look in my mind it is right at an area of very good support. Now, we do not…
CCrude Oil
Oil industry
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StanChart Cuts 2025 Oil Price Forecast By $16/bbl Amid Trump’s Tariffs

  • 2025-05-04
Previously, we reported that commodity analysts at Standard Chartered were bullish on oil prices in the current year,…
CCrude Oil
OPEC+ agrees to boost output in June despite falling oil prices
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OPEC+ agrees to boost output in June despite falling oil prices

  • 2025-05-04
Top oil producers, members of OPEC+, which includes the Organization of the Petroleum Exporting Countries (OPEC) and allies…
CCrude Oil
Exclusive-OPEC+ to further speed up oil output hikes, five sources say
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Exclusive-OPEC+ to further speed up oil output hikes, five sources say

  • 2025-05-04
By Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -OPEC+ plans to further accelerate oil output hikes and could…
CCrude Oil
Saudis Warn Of More Crude Oil Supply Unless OPEC+ Cheats Fall In Line
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Saudis Warn Of More Crude Oil Supply Unless OPEC+ Cheats Fall In Line

  • 2025-05-04
OPEC+ leader Saudi Arabia warned the group’s overproducing members it could amplify a historic shift in policy and…
PPetroleum
Shell Is Studying Merits of BP Deal as Rival’s Stock Slumps
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Shell Is Studying Merits of BP Deal as Rival’s Stock Slumps

  • 2025-05-04
(Bloomberg) — Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s…
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