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OPEC, Oil price

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 demand tough to gauge against a trade-war backdrop and some countries failing to comply with output quotas.

· 9h · on MSN

· 13h · on MSN

Oil prices fall on possible larger OPEC+ output hike for July

OilPrice.com · 15h

OPEC+ Could Consider Super-Hike in July Oil Production

OPEC+ may discuss oil output hike larger than 411,000 bpd for July, sources say

Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

· 17h

· 1d

OPEC+ Prepares Third Dose of Oil Shock Therapy

· 15h

Oil Futures Lower Ahead of OPEC+ Output Decision

Kazakhstan Defies OPEC+ Ahead of Meeting on New Supply Hike

Output is more than 70% controlled by 3 large international consortiums and “the republic has no right to enforce production cuts” on their fields, Energy Minister Yerlan Akkenzhenov told reporters in...

· 1d

· 7h

Energy Shares Fall Along With Oil Prices -- Energy Roundup

EconoTimes · 23h

Oil Prices Slide on OPEC+ Supply Concerns and U.S. Tariff Uncertainty

OPEC must squeeze US shale much more to win oil price war

Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to pay off, but Saudi Arabia will need to exert a lot more pain to make a lasting impact on market share.

13h

U.S. Oil Companies Are ‘Battening Down the Hatches’

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil production despite weak demand.

Odessa American1d

OPEC-Plus spurs uncertainty with production increases

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

17hon MSN

Oil Price Outlook Weakens on OPEC+ Hikes, Lingering Trade Concerns: Reuters Poll

Meanwhile, analysts polled by Reuters expect global oil demand to grow by an average of 775,000 barrels per day in 2025, with many pointing to elevated trade uncertainty and the risk of economic slowdown as key concerns. This compares to the 740,000 bpd 2025 average demand growth forecast from the International Energy Agency earlier this month.

Crude Oil price today: WTI price bullish at European opening

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.64 per barrel, up from Wednesday’s close at $61.62. Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $64.29 price posted on Wednesday, and trading at $65.29.