News

OPEC+ Quota Hikes Yet to Deliver Oil Surge, Morgan Stanley Says
The OPEC+ alliance may be boosting oil-production quotas at a significant pace in a push to restart idled capacity, but that ...
OPEC Plus Members Say They Will Fast-Track Oil Output
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...
Oil settles up as U.S., China teams to meet following Trump, Xi trade call
Brent crude futures settled up 48 cents, or 0.7%, at $65.34 a barrel. U.S. West Texas Intermediate crude settled up 52 cents, ...
Saudi Arabia Wants More Super-Size OPEC+ Hikes
Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...
Behind OPEC+ oil output hike, Saudi-Russian tensions simmer
Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...
The National Interest on MSN3d
Saudi-Russian Differences Surface as Saudi Arabia Seeks to Accelerate Oil Shift
Russian and Saudi oil interests have not been so misaligned since the pandemic as Saudi Arabia seeks to accelerate its oil ...
Opec+ to boost oil output for third consecutive month
Some of the eight countries involved are overproducing their quotas, meaning that the ultimate increase in Opec+ output may ...
The Manila Times on MSN13d
Opec+ likely to open taps more despite price slump
LONDON: Despite oil trading low at US$60, the Organisation of the Petroleum Exporting Countries and its allies (Opec+) this ...
Texas Standard6d
OPEC+ production hikes could shake up oil prices
Downward pressure on oil prices may lead to relief at the pump this summer. A headline in the New York Times this weekend ...