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OPEC, crude oil

UPI on MSN · 15h

OPEC+ to boost crude oil production in August

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in August.

The New York Times · 17h

OPEC Plus Agrees to Pump More Oil in August

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts expected and could lead to lower oil prices.

Arise News · 3h

OPEC Approves 548,000 Bpd Oil Output Boost for Eight Members, Excludes Nigeria

Nigeria has been left out of OPEC’s 548,000 bpd crude output increase due to poor production despite incentives and projections.

5hon MSN

OPEC+ oil output: Group to raise supply by 548,000 bpd in August; cites strong demand, low inventories

OPEC+ nations, led by Saudi Arabia and Russia, will boost crude output by 548,000 barrels per day in August. This decision ...

5d

Crude Oil Price Pressured by Global Oversupply Concerns

WTI crude oil (CLQ25 ) today is down -0.66 (-1.01%), and August RBOB gasoline (RBQ25 ) is down -0.41 (-0.20%). Crude oil and ...

Iraq emerges as OPEC’s largest oil supplier to US in May

The EIA revealed on Tuesday that the United States imported over 30 million barrels of crude oil from OPEC countries in May.

8d

Oil News: Can Crude Oil Sustain Gains Above 200-Day MA Before OPEC Decision?

Crude oil holds above the 200-day MA as traders await OPEC’s decision and summer demand signals. Inventory draws and China’s ...

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