OPEC

BUSINESS

Oil gains on supply concerns as wildfires disrupt Canada supply, OPEC+ keeps output plans unchanged

By Nicole Jao NEW YORK (Reuters) -Oil prices climbed nearly 3% on Monday on supply concerns as producer group OPEC+…

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BUSINESS

OPEC+ agrees on third oil supply surge despite Russia’s qualms

OPEC+ agreed to surge oil output for the third month in a row despite reservations from key member Russia, doubling…

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BUSINESS

OPEC+ oil producers stick to their guns with another big hike for July

By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -The world’s largest group of oil producers, OPEC+, stuck to…

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BUSINESS

Stocks may snap longest winning streak in 20 years as futures dip while OPEC+ crushes oil prices

Stocks futures pointed slightly lower Sunday evening, with the S&P 500 signaling that its longest winning streak in 20 years…

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BUSINESS

OPEC+ agrees another supply surge in June to deepen oil rout

OPEC+ agreed to surge output again in June, as the group’s leaders continue an accelerated revival of supply aimed at…

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BUSINESS

In the reeling energy sector, an unexpected OPEC production hike plus tariff fears send oil prices plunging 7%

President Trump’s sweeping tariffs combined with OPEC’s unexpectedly large production hike are combining to trigger a “double whammy” on the…

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BUSINESS

Analysis-Record OPEC+ fuel exports blunt group’s crude supply cut

By Ahmad Ghaddar LONDON (Reuters) – OPEC+ has exported a record amount of refined products, blunting the impact of the…

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BUSINESS

OPEC+ to proceed with planned April oil output hike

By Ahmad Ghaddar, Olesya Astakhova and Alex Lawler LONDON (Reuters) -OPEC+ has decided to proceed with a planned April oil…

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WORLD

Who will pay for rebuilding Gaza? | OPEC

With mass destruction and millions of tonnes of rubble, rebuilding Gaza requires tens of billions of dollars. Hundreds of thousands…

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