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OPEC, Oil

Reuters on MSN · 5h

OPEC+ may further accelerate oil output hikes on Saturday, sources say

OPEC+ may make an increase in oil output for August at its meeting on Saturday that is larger than the 411,000 barrels per day (bpd) hikes it made for May, June and July, three sources familiar with OPEC+ talks told Reuters.

Hosted on MSN · 14h

Oil prices fall on Opec+ output hike expectations and Iran talks

Oil prices fell on Friday on expectation that Opec will agree to another increase in crude output over the weekend and the resumption of US-Iran nuclear talks in Oslo will reduce risks to global supplies.

InvestorsHub on MSN · 1d

Oil Prices Ease as U.S. Inventory Gains Raise Demand Concerns Ahead of OPEC+ Meeting

Oil prices pulled back during Asian trading on Thursday, giving up some of the strong gains recorded in the previous session after U.S. government data showed a larger-than-expected increase in crude stockpiles.

US targets Iran oil trade, Hezbollah

Fox Business on MSN · 1d

US hits Iran's 'shadow fleet' and oil smuggling network with sanctions

The Treasury Department is targeting vessels in Iran's "shadow fleet" and the operators of an Iran-Iraq oil smuggling network in its latest sanctions.

Reuters on MSN · 1d

US imposes fresh sanctions targeting Iran oil trade, Hezbollah

The U.S. imposed sanctions on Thursday against a network that smuggles Iranian oil disguised as Iraqi oil and on a Hezbollah-controlled financial institution, the Treasury Department said. A network o

U.S. Sanctions Target Iran’s Oil Smuggling Network

The U.S. Treasury Department on Thursday unveiled fresh sanctions targeting Iran’s covert oil trade and Hezbollah-linked financial activity

17hon MSN

Oil falls as Iran affirms commitment to nuclear treaty

Oil futures fell on Friday after Iran reaffirmed its commitment to nuclear non-proliferation and amid expectations that major ...

2don MSN

Can OPEC+ flood the world with crude? It’s harder than oil traders think.

A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude ...

1d

Husband-and-Wife Team’s Bold Foray Into Oil Refining Ends Badly

When the French oil major TotalEnergies SE was struggling to find a buyer for the Lindsey oil refinery in England back in ...

2don MSN

Oil prices jump 3% as Iran suspends cooperation with UN nuclear watchdog

Oil prices rose 3% on Wednesday as Iran suspended cooperation with the U.N. nuclear watchdog and the U.S. and Vietnam reached ...

3d

BP, Once a Hunter in the Oil Industry, Is Now Prey. What Went Wrong?

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

1d

Alberta Oil Production Falls to Lowest in Two Years

Alberta’s oil production fell to the lowest in two years in May as wildfires and maintenance work crimped oil sands output.

11hon MSN

Oil and gas drilling licence surrendered at site

A licence to drill for oil and gas at a site in Surrey has reportedly been relinquished by UK Oil & Gas (UKOG). The firm had ...

10h

Hints from Heloise: Some talk on tung oil (and linseed oil, too)

What is tung oil? We just refinished the floors of an old Victorian home, and a historian told us to refinish the floors in ...

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