OPEC+ to proceed with planned Apr. oil output hike

Oil eases in choppy trading on U.S. tariffs, OPEC+ plans to raise output
Oil prices eased slightly in choppy trade on Thursday with Brent still below $70 under pressure from trade tariffs between the U.S., Canada, Mexico and China, and OPEC+ plans to raise output. Those factors and a larger than expected build in U.
Oil touches lowest prices since September on tariff worries, OPEC+ output plans
Oil headed lower for a fourth straight session Wednesday, with crude prices hitting their lowest levels 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.
OPEC+ to proceed with planned April oil output hike
The meeting of OPEC+ alliance has decided on Monday to proceed with a planned April oil output increase. “This gradual increase may be paused or reversed subject to market conditions and this flexibility will allow the group to continue to support oil market stability,
Oil falls as OPEC+ plans to raise output, U.S. tariffs hammer sentiment
Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns U.S. tariffs on Canada, Mexico and China will slow economic and fuel demand growth hammered investor sentiment.
OPEC+ plan to lift output pulls Brent oil to lowest finish since September
Oil futures settled lower Tuesday, with global benchmark prices ending their lowest since November, a day after the Organization of the Petroleum Exporting Countries and its allies said they would proceed with plans to unwind some production curbs in April.
Oil prices drop as OPEC+ agrees to gradually hike output from April
Oil prices had already been trading lower in the last few weeks, partly because of expectations that US president Donald Trump could swiftly end Russia’s war in Ukraine. This, in turn, is likely to increase Russian oil output thanks to sanctions relief.
Oil prices steady after fall to 6-month lows on tariff worries, OPEC+ supply
Oil futures were little changed early Thursday, attempting to find their footing after ending the previous session at ...
Oil settles down more than 2% after US crude stocks build, OPEC+ hike, US tariffs
Oil prices settled down for the fourth consecutive session on Wednesday after U.S. crude oil stockpiles posted a ...
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 ...
OPEC+ move seeks to please Trump but risks worsening oil oversupply
OPEC and its allies’ decision to raise crude oil production from April seems more like a move to please US President Donald ...
Exclusive: Kazakh overproduction helped sway OPEC+ to approve output hike, sources say
As OPEC+ debated whether to keep oil output steady due to weak global demand or pump more in response to internal pressure ...
OPEC+ to Begin Long-Delayed Supply Hike Amid Trump Pressure
OPEC+ will proceed with plans to revive halted oil production after repeated delays, amid pressure from President Donald ...
OPEC+ Is Finally About to Open the Spigots
OPEC+ just blinked after its long standoff with middling oil prices. The Saudi- and Russia-led group said Monday that it ...
Business Recorder14h
Opec+ opens the taps
With the production freeze failing to keep prices elevated, OPEC+ members may see little merit in maintaining the status quo.
Oil extends losing streak for third straight day on Trump tariffs, OPEC+ hike: Brent at six-month low, WTI drops 4%
The Brent crude benchmark sits at a six-month low below the $70 per barrel-mark. The OPEC+ cartel will increase its ...
Natural Gas and Oil Forecast: Can Crude Prices Rebound Amid OPEC+ Production Shifts?
WTI and Brent crude struggle amid weak demand and rising supply. Can OPEC+ production shifts stabilize oil prices? Read the ...
The Business Times18h
Oil settles more than 2% lower after US crude stocks build, Opec+ hike, US tariffs
OIL prices settled down for the fourth consecutive session on Wednesday after US crude oil stockpiles posted a ...