News

The Economist4h
Will the UAE break OPEC?
Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...
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 ...
U.S. Oil Companies Are ‘Battening Down the Hatches’
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
Odessa American3d
OPEC-Plus spurs uncertainty with production increases
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Hedge Funds Rush Into Oil Short Bets as OPEC Supply Risk Looms
Hedge funds loaded up on the most bearish bets against Brent crude since October as the market braced for a fresh injection ...
The Manhattan Mercury12h
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 hike crude output ...
Rising Crude Stocks, Higher OPEC Output May Keep A Lid On Oil Prices
High inventories, OPEC output hikes and an uncertain global macroeconomic climate all seem to point to likely lower crude oil ...
OPEC+ hikes oil output supply for third straight month by 4,11,000 bpd: Brent crude outlook weakens to $67 in 2025
OPEC+ agreed to hike July oil output by 411,000 barrels per day (bpd) on Saturday, the same as in May and June, after the ...