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 Plus says it will go ahead with its plan to increase crude-oil supply. The decision by the oil-producing group of ...

President Donald Trump confirmed Monday that 25% tariffs on Canada and Mexico are “all set” to take effect Tuesday. He also ...

Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and ...

Growing concerns over demand are weighing on the oil market's outlook amid OPEC+ supply dynamics and U.S. tariffs, ING ...

LONDON/TOKYO, - Stocks and bond yields slid on Tuesday as investors globally ducked for cover after the United States hit ...

Oil prices are under pressure with ICE Brent settling more than 1.6% lower yesterday. This follows news that OPEC+ is ...

What is WTI Oil? WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude ...

Commodities Analysis by ING Economic and Financial Analysis (Warren Patterson) covering: Intercontinental Exchange Inc, Brent Oil Futures, Crude Oil WTI Futures, London Cocoa Futures. Read ING ...

Opec+ nations have reaffirmed their December decision to proceed with a gradual and flexible return of the 2.2 million bpd ...

Crude oil futures drop as OPEC+ plans gradual production increase, impacting global oil market and commodity trading trends.

The increase is the first since 2022 from OPEC+, which includes the Organization of the Petroleum Exporting Countries, plus Russia and other allies. Oil was trading 2% lower towards $71 a barrel at 19 ...