Oil, OPEC

Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production
Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans to gradually increase crude production beginning in April.
Oil Stocks Fall Hard After OPEC Move to Boost Production
The decision is a serious negative for the oil market, given that oil demand is rising too slowly to sop up all of the extra supply.
OPEC+ to proceed with planned April oil output hike
OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S. President Donald Trump renewing pressure on OPEC and Saudi Arabia to bring down prices.
OPEC+ will start long-delayed oil production hike
A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries that have repeatedly delayed production increases will now move forward
Oil prices near three-month low as Opec+ prepares to raise output from April after prolonged cuts
Opec+ nations have reaffirmed their December decision to proceed with a gradual and flexible return of the 2.2 million bpd voluntary output adjustments starting April 2025, while remaining adaptable t
OPEC+ to increase crude oil output from April — first hike since 2022
The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) have decided to proceed with a planned oil output increase in April, with a monthly rise of 138,000 barrels per day (bpd).
Oil Falls, Weighed by OPEC+ Decision to Proceed With Planned Output Increase
Oil fell in the early Asian session. On Monday, OPEC+ said it would go ahead with its plan to boost production starting in April.
Oil slides to three-month low as OPEC brings production cuts back online starting April 1
Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move that threatens to deepen a projected global surplus of crude.
Oil down on OPEC+ output increase, tariffs start and US pause on Ukraine aid
Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and ...
Oil Demand Concerns Weigh on Outlook
Growing concerns over demand are weighing on the oil market's outlook amid OPEC+ supply dynamics and U.S. tariffs, ING ...
Crude Oil Prices4d
OPEC’s Relevance Isn’t Fading—Yet
OPEC+ output cuts have been in place for a long period of time, but continued demand growth makes OPEC+ relevant for years to ...
Oil prices slide on Ukraine aid pause, tariffs and OPEC+ output increase
Oil prices continued to fall in on Tuesday after U.S. President Donald Trump paused military aid to Ukraine and as markets ...
Hosted on MSN16h
Libya to hold first oil exploration bidding round in 17 years
After a pause of almost 17 years, Libya is preparing to host a bidding round for oil exploration. The announcement was made ...
Zawya1d
OPEC+ losing grip on oil markets despite surplus
Global indications suggest that OPEC is no longer able to effectively manage its six million barrels of surplus oil stocks.
Nigerian Tribune on MSN5d
NIES: OPEC reassures on unlocking Africa’s oil potential
The Organisation of the Petroleum Exporting Countries (OPEC) has assured of its commitment to unlocking Africa’s full oil potential, saying doing that remains the organisation’s top priority.The ...