Brent crude | The Business Standard

Oil tumbles as OPEC+ hikes August output more than expected

Global Economy

Oil tumbles as OPEC+ hikes August output more than expected

Brent crude futures fell 47 cents, or 0.69%, to $67.83 a barrel by 0327 GMT, while US West Texas Intermediate crude was at $66.05, down $0.95, or 1.42%

OPEC+ may further accelerate oil output hikes on Saturday: sources

Global Economy

OPEC+ may further accelerate oil output hikes on Saturday: sources

An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. Photo: China Daily via REUTERS

Global Economy

Oil prices little changed as expectations for OPEC+ increase weigh

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo

Global Economy

Oil falls on prospect of more OPEC+ supply, easing risks in Mideast

An electronic board shows Shanghai and Shenzhen stock indices as people walk on a pedestrian bridge at the Lujiazui financial district in Shanghai, China April 11, 2025. Photo: REUTERS/Go Nakamura/File Photo

Global Economy

Asia stocks edge up, dollar droops as ceasefire buoys confidence

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo

Global Economy

Oil prices rise as investors assess Iran-Israel ceasefire

An oil pump jack is seen in Artesia, New Mexico, US, April 6, 2023. Photo: REUTERS/Liz Hampton/File Photo

Global Economy

Oil rises as Iran-Israel conflict spurs uncertainty

Global Economy

Oil slips on rising OPEC+ output, despite Canadian supply concerns

Global Economy

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

Global Economy

Oil falls as higher OPEC+ output expectations weigh on sentiment

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo

Global Economy

Oil prices little changed as markets weigh impact of US-Iran talks, demand

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, US November 24, 2019. Photo: REUTERS/Angus Mordant/File Photo

Global Economy

Oil extends climb on fresh Iran sanctions, lower US crude stocks

Global Economy

Oil falls as concerns about demand amid US tariff upheaval return