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OPEC sends oil prices

The New York Times · 11h

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 Wall Street Journal · 12h

Oil Falls to Fresh Four-Year Low Following OPEC Production Push

Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to boost output again in June despite slumping fuel prices. Benchm

Investopedia on MSN · 19h

Oil Prices Drop as OPEC+ Agrees To Boost Supply Again

Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output again in June, raising concerns about a potential oversupply at a time when markets are grappling with the uncertainties of a global trade war.

11hon MSN

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 ...

22h

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 ...

9hon MSN

OPEC+ production hike ratchets up global oil oversupply, Morgan Stanley says

Crude oil futures settled at the lowest levels in more than four years after the decision by OPEC+ to accelerate its ...

16h

OPEC+ Production Decision Will Widen Global Oil Oversupply, Morgan Stanley Says -- OPIS

Morgan Stanley analysts on Sunday said Saturday's announcement by OPEC+ that it will increase June output by 411,000 b/d for a second straight month will widen the supply surplus this year and next, ...

1don MSN

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, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...