opec crude oil production

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OPEC, crude oil

OPEC+ to boost crude oil production in August

Eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in August.

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OPEC+ is pumping more oil, but is it needed and at what price?

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OPEC looking to regain market share with oil production increases, expert says

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Saudi plays short and long game with OPEC+ production gamble

Riyadh will want to reverse this trend and solidify its dominant global position since oil and gas revenues contributed 22.3% of the country’s gross domestic product in 2024, according to Internationa...

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Oil Ticks Higher But Trade Uncertainty Clouds Outlook

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Oil Futures Gain With Support From Products

Oil News: Will OPEC Production Surge Sink Crude Oil Futures This Week?

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of next week’s trade.

AzerNews21h

OPEC forecast fuels optimism for Azerbaijan’s oil-driven growth

The Energy Information Administration (EIA) of the U.S. Department of Energy recently released its forecast for OPEC’s daily crude oil production in 2026, projecting a steady increase to 33.08 million barrels per day.

2don MSN

Exxon, Chevron, Shell, BP Stocks Fall. OPEC Oil Plans, Gas Trading Fears Are Biting.

The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of difficulties affecting others.

2don MSN

Crude oil prices fall after OPEC hikes August output more than expected; MCX crude drops nearly 2%

Crude oil prices declined after OPEC agreed to raise production by 548,000 barrels per day in August. Oil prices also came under pressure as US officials flagged a delay on tariffs but failed to provide details on the change.