OPEC, Oil

Oil Prices Slide on Jitters Over Trump’s Tariffs and OPEC Increases
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump more crude surprised the markets.
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
OPEC+ will finally boost oil production after failing to raise prices by throttling supply
Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower prices.
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.
Nigeria Boosts Oil Production Above Its OPEC+ Quota
Nigeria exceeded its OPEC+ oil production quota in February due to increased exports and demand from the Dangote refinery, marking the highest overproduction among OPEC+ members.
OPEC+ to Proceed With Planned April Oil Output Hike
Eight OPEC+ members that are making the group's most recent layer of output cuts held a virtual meeting on Monday and agreed to proceed with the April increase, OPEC said. The increase is 138,000 barrels per day according to Reuters calculations.
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 ends at lowest price since September on tariff worries, OPEC+ output plans
Oil declined for a fourth straight session Wednesday, settling at its lowest price since September, on prospects for a global trade war that could dent demand and plans by major oil producers to begin unwinding output cuts next month.
Oil drops for third day on OPEC+ output increase, Trump tariffs
Oil prices declined for a third session on Wednesday, as investors worried about OPEC+ plans to proceed with output increases in April, and U.S. President Donald Trump's tariffs on Canada, China and Mexico escalated trade tensions.
Oil Prices Fall to Six-Month Lows
The slide in oil prices accelerated Wednesday after U.S. energy data showed that domestic crude inventories rose by more last week than traders had expected. Benchmark U.S. crude prices have shed about 17% since mid-January,
Oil Futures Extend Losing Streak on Tariffs, OPEC+ and More
Oil futures sink as bearish signals pile up from OPEC+ bringing back withheld output to possible demand fallout over U.S. trade tariffs and expectations for talks toward ending the Russia-Ukraine war.
OPEC+’s Relaxed Targets Reflect Bullish View Of Market
While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...
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Report reveals how Nigeria surpassed OPEC production quota
Nigeria exceeded its assigned OPEC production quota in February, producing 70,000 barrels per day more as the organization ...
RBC's Helima Croft: Russia stands to gain from OPEC oil output increase
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Power Lunch' to discuss OPEC+ output increase, ...
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 ...
OPEC+ to increase output from April as planned
OPEC Plus says it will go ahead with its plan to increase crude-oil supply. The decision by the oil-producing group of ...