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OPEC oil output rises in June on Saudi and UAE hikes, Reuters survey finds

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, although the increase was limited as Iraq pumped below target to compensate for earlier overproduction.

Ship & Bunker · 4h

More Losses For Oil As OPEC Meeting And Output Hikes Loom

Sparse oil trading on Friday due to the U.S. Independence Day holiday resulted in Brent losing 50 cents at $68.30 per barrel by1700 GMT, and West Texas Intermediate also dipping by 50 cents to $66.50 per barrel.

The Wall Street Journal on MSN · 1d

Oil Falls on OPEC+ Output Boost Expectations, U.S. Tariff Uncertainty

Oil prices fell as major OPEC+ producers were expected to soon announce another large output hike and amid uncertainty that tariffs could be reinstated on some U.S. trading partners if deals weren’t concluded.

OilPrice.com15h

OPEC Set to Move Up Meeting to July 5 and Hike Output Again

OPEC+ may bring its meeting forward to Saturday to approve another oil production hike, though actual supply increases remain ...

OPEC+ considers accelerating oil production more than expected

OPEC and its partners have pivoted from years of output restraint to reopening the taps, surprising crude traders and raising questions about the group’s long-term strategy.

The Business Times5h

Oil falls slightly ahead of expected Opec+ output increase

CALGARY] Oil futures slipped slightly in thin holiday trading on Friday (Jul 4), as the market looked ahead to this weekend’s ...

OilPrice.com12h

OPEC Nudges Output Higher - But Markets Are Awaiting the Real Barrels

OPEC’s June oil production rose by 270,000 bpd, but weak compliance and inconsistent enforcement raise doubts about whether ...

Bloomberg on MSN23h

Vakhshouri: OPEC a Stabilizing Factor in Oil Market

Oil was trading slightly lower ahead of an OPEC+ meeting on July 6 that is set to deliver another oversized production hike.

InvestorsHub on MSN1d

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 ...

4don MSN

Oil Edges Down on Expectations of More OPEC+ Supply, Tariff Fears

If approved, this would bring OPEC+'s total supply increase for the year to 1.78 million bpd, equivalent to more than 1.5% of ...

Ship & Bunker1d

Oil Dips On OPEC Concerns, As China Data Is Also Reassessed

Oil prices dipped on Thursday as analysts weighed the implications of the U.S. tariffs set to be imposed only July 9, as well as the likelihood of the Organization of the Petroleum Exporting Countries ...

Iraqi News3d

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.

3don MSN

Oil Prices Little Changed as Investors Look Ahead to OPEC+ Meeting

Price have been kept in check by expectations that the Organization of the Petroleum Exporting Countries and its allies including Russia, know as OPEC+, will boost its August crude oil output by an ...

OilPrice.com3d

Oil Markets Refocus on OPEC as Iran-Israel Conflict Cools

Oil markets are now refocused on OPEC production as the geopolitical concerns dim somewhat following the Iran-Israel ...

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