Oil, OPEC

Oil Stocks Fall Hard After OPEC Move to Boost Production
The decision is a serious negative for the oil market, given that oil demand is rising too slowly to sop up all of the extra supply.
Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production
Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans to gradually increase crude production beginning in April.
Oil prices near three-month low as Opec+ prepares to raise output from April after prolonged cuts
Opec+ nations have reaffirmed their December decision to proceed with a gradual and flexible return of the 2.2 million bpd voluntary output adjustments starting April 2025, while remaining adaptable t
Crude oil futures decline as OPEC plans to increase production
Crude oil futures drop as OPEC+ plans gradual production increase, impacting global oil market and commodity trading trends.
OPEC+ to Proceed With Planned April Oil Output Hike, Sources Say
OPEC+, which includes OPEC members plus Russia and other allies, has been cutting output by 5.85 million barrels per day (bpd), equal to about 5.7% of global supply, agreed in a series of steps since 2022 to support the market.
OPEC+ will start long-delayed oil production hike
A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries that have repeatedly delayed production increases will now move forward with them.
Oil slides to three-month low as OPEC brings production cuts back online starting April 1
Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move that threatens to deepen a projected global surplus of crude.
Oil down on OPEC+ output increase, tariffs start and US pause on Ukraine aid
Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and ...
OPEC+ to increase output from April as planned
OPEC Plus says it will go ahead with its plan to increase crude-oil supply. The decision by the oil-producing group of ...
Ship & Bunker12h
OPEC's Ramp-Up Rattles Market As Analysts Brace For Tariffs Tuesday
Referring to Trump's request in January that OPEC increase output in order to lower oil prices, Tariq Zahir, managing member at Tyche Capital Advisors, told media the cartel and its allies "want to ...
Interfax1h
OPEC+ confirms plans for gradual production increase from April, will halt if market balance disrupted
At the same time, OPEC's policy on production increases remains flexible. "This gradual increase may be paused or reversed subject to market conditions. This flexibility will allow the group to ...
OPEC Update, February 2025
Output for December 2024 was revised higher by 59kb/d and November 2024 output was revised higher by 54 kb/d compared to last ...
Iraqi News1h
Iraq reiterates adherence to global oil market stability
Iraq and seven OPEC+ member states convened virtually on Monday to assess the state of the global market and its prospects.
OPEC+ set to increase supply – ING
Oil prices are under pressure with ICE Brent settling more than 1.6% lower yesterday. This follows news that OPEC+ is ...
Crude Oil Prices4d
OPEC’s Relevance Isn’t Fading—Yet
OPEC+ output cuts have been in place for a long period of time, but continued demand growth makes OPEC+ relevant for years to ...