News

Asian shares slide as Russia-Ukraine conflict, OPEC+ output plan push oil prices higher
Asian shares have fallen and oil prices jumped as trade tensions and the Russian-Ukraine conflict ratcheted up geopolitical ...
Saudi Arabia Tightens Grip on OPEC+ by Pushing Through Oil Surge
When Prince Abdulaziz bin Salman was appointed Saudi Arabia’s energy minister six years ago, he vowed to heed even the ...
The Edge Singapore4h
Goldman tweaks OPEC+ call with outlook for final hike in August
OPEC+ agreed on Saturday to increase supply targets by 411,000 barrels a day for July, matching increases scheduled for May ...
The Business Times6h
Oil advances as Opec+ supply boost vies with geopolitical risk
SINGAPORE] Oil gained as a third straight production increase by the Organization of the Petroleum Exporting Countries and ...
OPEC+ moves ahead with 3rd output increase amid Russian doubts
In a bold move that underscores a major strategic shift, OPEC+ agreed to ramp up oil production for a third consecutive month ...
ING Think4h
Higher OPEC+ supply and geopolitics dominate oil market
OPEC+ agreed to another large supply hike over the weekend, increasing it by 411k b/d effective July. The increase is similar ...
Goldman Sachs sees OPEC+ raising oil output by 0.41 mb/d in August
Goldman Sachs anticipates the eight country OPEC+ oil group will implement a final 0.41 million barrels per day (mb/d) ...
A pivotal OPEC+ decision this weekend could tank crude-oil prices by 10%
A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with ...