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Oil News: Crude Outlook Turns Bleak as OPEC Ramps Supply Into Weak Demand
OPEC+ ramps up output by 800,000 bpd, setting a bearish tone as weak oil demand and rising inventories pressure the global ...
Oil sinks as Opec+ supply surge threatens to swamp global market
Brent tumbled by as much as 4.6 per cent toward US$58 a barrel. Read more at straitstimes.com. Read more at straitstimes.com.
Exxon and Chevron hold the line against tariffs, OPEC, and plunging oil prices
Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud ...
CNBCTV182h
Brent crude falls below $60 per barrel as OPEC+ supply surge threatens to swamp global markets
Crude has slumped in 2025, touching a four-year low, as US President Donald Trump’s trade war threatened to derail growth, ...
OilPrice.com2d
OPEC Moves Up Meeting To Discuss Oil Production Quotas
The OPEC+ members currently participating in voluntary production cuts will meet this Saturday, May 3, instead of Monday, May ...
Rigzone2d
OPEC Output Down in April
OPEC's crude production fell last month despite the group's long-awaited plans to increase, with much of the reduction ...
Exclusive-OPEC+ to further speed up oil output hikes, four sources say
By Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -OPEC+ plans to further accelerate oil output hikes and could unwind ...
OilPrice.com3d
OPEC Plot Twist? Bloomberg Survey Shows Production Drop in April
Instead of raising production as planned, the cartel’s April output dropped by 200,000 barrels per day (bpd) to 27.24 million ...
Nairametrics13h
Nigerian Crude sells below $65 per barrel, OPEC revamps oil production
Nigerian crude fell below the Federal Government’s benchmark, selling for $65 per barrel, as OPEC increased production despite heightened geopolitical ...