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Tariffs and OPEC+, Oddly Enough, Are Driving Down Oil Price

The New York Times · 1d

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 · 1d

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.

Bloomberg on MSN · 5h

How Tariffs and OPEC+, Oddly Enough, Are Driving Down Oil Price

When US President Donald Trump was inaugurated to his second term as president on Jan. 20, oil prices were close to the highs of the summer before. By early May, they had plunged by nearly a quarter.

OilPrice.com19m

Banks Slash Oil Price Forecasts as OPEC Resumes Fight for Market Share

Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...

2hon MSN

Oil Futures Rebound From OPEC-Induced Selloff

Oil futures rebounded, and Capital Economics cut its year-end price forecast for Brent to $60 a barrel from $70, and for the end of 2026 to $50 from $60.

Upstream Online14m

EIA lowers oil forecast again on Opec+ supply growth

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2don MSN

Exclusive: OPEC+ to further speed up oil output hikes, sources say

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...

Saudi Arabia Rekindles Oil Price War: Another Epic Miscalculation?

Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...

1don MSN

Oil prices sink as OPEC+ hikes output, U.S. stock futures dip ahead of Fed meeting

Oil prices sank Sunday while U.S. stock futures declined after the S&P 500 notched its longest winning streak in more than 20 ...

OPEC+'s 'healthy' crude oil market looks like catching a cold: Russell

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

Oil sinks as Opec+ supply surge threatens to swamp global market

Brent tumbled by as much as 4.6 per cent toward US$58 a barrel. Read more at straitstimes.com. Read more at straitstimes.com.

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