OPEC+ | 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%

Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. Photo: REUTERS/Tyrone Siu/File Photo

Global Economy

Stocks slip in Asia on US tariff confusion, oil skids

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

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

Global Economy

OPEC+ agrees another accelerated oil output hike for June

Global Economy

Oil falls as concerns about demand amid US tariff upheaval return

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

Global Economy

Oil plunge deepens on fears global trade war could trigger recession

Global Economy

OPEC+ to proceed with planned April oil output hike

Oil tankers the Yamilah III and the Bow Gemini are seen anchored in New York Harbor in New York City, US, May 24, 2022. Photo: REUTERS/Brendan McDermid/File Photo

Global Economy

Oil rises as investors return from holidays, eye China recovery