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UPI on MSN · 3d

OPEC+ to boost crude oil production in August

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

Goldman Sachs expects OPEC+ members to increase oil production by 550,000 bpd in September

Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in September, which would complete the unwinding of 2.2 million bpd of voluntary cuts,

Analysis: OPEC+ production hikes could drive oil towards $60/barrel

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts.

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 ...

3d

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 ...

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