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OPEC, Oil Prices

The New York Times · 3d

Oil Prices Fall as OPEC Increases Supply Despite Fears of an Economic Slowdown

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

The Dallas Morning News on MSN · 3d

OPEC sends oil prices reeling, but what’s good for Texas drivers may not be for drillers

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to existing concerns about how tariffs may impact worldwide demand. Brent fell to $60 per barrel, while U.S. crude ( West Texas Intermediate) slid by 2% to settle around $57 per barrel.

Seeking Alpha on MSN · 4d

Oil sinks 4% after OPEC output increase

Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) -3.5% dropped more than 3%. Eight members of OPEC+ on Saturday announced a second straight monthly increase of 411K barrels of crude per day for June.

Oil, China and talks

Reuters on MSN · 1h

Oil up over 1%, set for weekly gain on US-China trade talk optimism

Oil prices rose over 1% on Friday and were set for their first weekly gains since mid-April as a U.S. trade deal with United Kingdom turned investors optimistic ahead of talks between top officials from Washington and Beijing.

MarketWatch · 39m

Oil gains nearly 5% for the week, with U.S.-China trade talks, Trump's Middle East visit on tap

Oil prices finished higher on Friday but continued to hold ground near the $60 mark, with a spike likely to come only “upon accelerated trade deals or softening of OPEC’s production growth,” said Manish Raj,

The Wall Street Journal on MSN · 5h

Oil Futures on Track for Weekly Gains Amid Trade Optimism

Oil futures rose and were heading for gains in a week that started with a slump on planned OPEC+ output increases and is ending with optimism about U.S. trade talks.

44mon MSN

How Trump’s Middle East visit to push OPEC+ for more oil could end up hurting U.S. producers

The major oil producers known as OPEC+ did exactly what U.S. President Donald Trump has been asking for — and American ...

1don MSN

OPEC April oil output edges lower despite plans for hike, survey finds

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

The Institute for Energy Research2d

OPEC+ to Increase Oil Production—Again

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...

4don MSN

Oil prices have crashed to 4-year lows. That means cheaper gas for Americans hitting the roads this summer.

Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...

17h

Oil Prices Little Changed Ahead of Sino-US Trade Meeting

Tighter U.S. sanctions on Iran could restrict supply and push prices higher. Sanctions on two small Chinese refiners for ...

The Economist1d

How Saudi Arabia is cranking up the pressure on its OPEC allies

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

1d

Oil market 'smile' suggests Saudi Arabia's output shift was well timed

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...

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