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OPEC+

  • In the NewsMarkets

    Oil Prices Edge Higher as Russian Supply Risks Clash With OPEC+ Output Boost

    by Oluwatosin Racheal Alabi August 25, 2025
    by Oluwatosin Racheal Alabi August 25, 2025

    KEY POINTS Monday saw a slight increase in oil prices as traders weighed the prospect of additional barrels entering the market from OPEC+ against geopolitical tensions that threatened Russian supply. …

  • In the NewsOil & Gas

    Oil Prices Dip as Trump Tariffs Loom Over Global Market

    by Ikeoluwa Juliana Ogungbangbe April 2, 2025
    by Ikeoluwa Juliana Ogungbangbe April 2, 2025

    Oil prices dip as traders brace for Trump tariffs and potential disruptions to global supply

  • In the News

    Oil Prices Hold Steady Amid Ukraine Talks and Supply Concerns

    by Adenike Adeodun February 19, 2025
    by Adenike Adeodun February 19, 2025

    Oil prices remain steady as Ukraine peace talks and supply disruptions impact global markets. Traders monitor OPEC+ production decisions and U.S. crude inventories.

  • In the News

    OPEC+ Sticks to April Oil Supply Hike Despite Market Speculation

    by Adedotun Oyeniyi February 18, 2025
    by Adedotun Oyeniyi February 18, 2025

    OPEC+ denies speculation about postponing its April oil supply hike, with Russia confirming production increases remain on schedule.

  • GovernmentIn the NewsMarkets

    OPEC+ Weighs Tough Decisions On Easing Oil Production Cuts

    by Ikeoluwa Juliana Ogungbangbe December 5, 2024
    by Ikeoluwa Juliana Ogungbangbe December 5, 2024

    OPEC+ faces a tough decision on easing production cuts as non-OPEC oil growth, especially from the U.S., complicates the group’s strategy

  • AnalysisIn the NewsMarketsOil & Gas

    Oil prices stable as gasoline stocks rise, Fed worries linger

    by Ikeoluwa Juliana Ogungbangbe November 28, 2024
    by Ikeoluwa Juliana Ogungbangbe November 28, 2024

    Oil prices are steady despite a surprise gasoline stock build and concerns about Federal Reserve rate cuts, while OPEC+ considers output delays

  • In the News

    OPEC+ May Delay December Oil Production Increase Over Weak Demand

    by Ikeoluwa Juliana Ogungbangbe October 31, 2024
    by Ikeoluwa Juliana Ogungbangbe October 31, 2024

    KEY POINTS OPEC+ may delay its planned oil production increase in December due to concerns over weak demand and rising supply, four sources close to the matter told Reuters on …

  • In the News

    U.S. Energy Stocks Rise Amid Middle East Tensions

    by Victor Adetimilehin October 3, 2024
    by Victor Adetimilehin October 3, 2024

    Shares of U.S. energy companies surged Wednesday as oil prices rose 3 percent following increased tensions in the Middle East, affecting market stability.

  • In the News

    OPEC+ Maintains Oil Policy, Hints at Possible October Pause

    by Victor Adetimilehin August 2, 2024
    by Victor Adetimilehin August 2, 2024

    OPEC+ keeps its current oil output policy unchanged, hinting at a possible pause or reversal of planned production hikes in October to stabilize the market.

  • In the News

    Oil Prices Rise as Crude and Gasoline Inventories Fall

    by Motoni Olodun July 11, 2024
    by Motoni Olodun July 11, 2024

    Oil prices rose on Thursday due to a significant drop in U.S. crude and gasoline inventories, indicating robust demand and a tighter supply environment.

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