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Capital Market on MSNOil flat ahead of OPEC+ meet; eyes 2% weekly gainOil prices held steady in cautious trade ahead of this week's key OPEC+ meeting. WTI crude hovered near $67.07, up just 0.1%, within a tight range, while MCX July crude was flat ...
OPEC+ may bring its meeting forward to Saturday to approve another oil production hike, though actual supply increases remain ...
OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, although the increase was limited as Iraq pumped below target to compensate for ...
Crude futures settled lower. The market was restrained by the widely held view that OPEC+ will agree to bring back another 411,000 barrels a day in August. U.S. natural gas futures fell going into the ...
Eight OPEC+ countries are likely to make another accelerated oil output increase for August at a meeting on Saturday, sources ...
VIENNA -- The Organization of the Petroleum Exporting Countries (OPEC) launched the 2025 edition of its Annual Statistical ...
Key OPEC+ members brought forward to Saturday an online meeting where they’re set to consider a fourth bumper oil production ...
Bloomberg on MSN8h
Vakhshouri: OPEC a Stabilizing Factor in Oil MarketOil was trading slightly lower ahead of an OPEC+ meeting on July 6 that is set to deliver another oversized production hike.
The NYMEX August West Texas Intermediate contract was down by 53cts to $66.92/bbl and September WTI was off by 51cts to $65.50/bbl. Both the September and October Brent crude contracts were 47cts ...
Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.
The physical volume of oil exports by OPEC countries in 2024 decreased by 3.55% to 19.01 mln barrels per day. OPEC's share of global oil deliveries was 43.96% last year, which is slightly lower than ...
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