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News

OPEC+ again targets US shale oil

Reuters on MSN · 2d
Analysis-With output hikes, OPEC+ again targets US shale oil
By Olesya Astakhova, Dmitry Zhdannikov and Alex Lawler MOSCOW/LONDON (Reuters) - Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing a second objective: taking on U.
EconoTimes · 22h
Oil Prices Drop on OPEC+ Output Concerns and Rising U.S. Inventories
Oil prices continued to fall in Asian trading on Friday, heading for weekly losses as oversupply fears were reignited by reports that OPEC+ may boost production. Brent crude futures for July slipped 0.
The New Voice of Ukraine on MSN · 1d
Oil prices slide as OPEC+ weighs third output boost
The group’s previous decision to boost output helped push oil prices down. Now, one option under discussion is a 411,000 barrel-per-day increase in July — three times larger than originally planned, sources told Bloomberg.
The Motley Fool10d
Investing in Top Oil Stocks
Investments in oil stocks should focus on companies with strong financial health and low operating costs. Diversified or vertically integrated oil companies generally offer more stability and ...
WGBH1mon
Oil companies expected a big business boom under Trump. Now they're worried
In other words, Sharpe says, if Trump tanks the economy and oil prices hover at or below the cost of production, you can remove all the regulatory barriers you want, but companies will be wary of ...

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