OPEC+

KEY POINTS The Organisation of the Petroleum Exporting Countries, OPEC, efforts to boost oil production could worsen the global supply glut and drive prices even lower than the budgetary benchmarks …

KEY POINTS Despite indications of volatility in global markets ahead of a crucial OPEC+ meeting, Nigeria’s crude oil prices remained above the $71 per barrel mark in the middle of …

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. …

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

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

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

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

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

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 …

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