Oil markets: OPEC+ to ramp up oil production; 1,37,000 barrels per day more from October
Eight key OPEC+ members, including Saudi Arabia and Russia, plan to increase oil production by 137,000 barrels per day starting next month, despite sliding oil ...
Oil earnings slip: Exxon and Chevron Q2 profit hits 4-year low; revenue dips as crude prices stay weak despite output rise
Exxon Mobil and Chevron saw profits decline. This was their lowest in four years. Lower energy prices and increased OPEC+ oil supply impacted revenue. However, ...
Oil market: Surprises with 548,000 bpd output hike in August; what analysts said
OPEC+ surprised markets by announcing a larger-than-expected oil production increase of 548,000 barrels per day for August, exceeding analysts’ predictions. This decision, driven by a ...
Oil market watch: Saudi, Russia-led OPEC+ eyes fresh hike for August
OPEC+ members, including Saudi Arabia and Russia, are expected to agree on a 411,000 barrels per day production increase for August, continuing their strategy of ...
Israel-Iran conflict: Oil slides 6% after Iran’s ‘symbolic’ strikes
Oil Market Cools Down After Iran’s Retaliation: A Temporary Reprieve? The world held its breath over the weekend, bracing for a potential escalation of conflict ...
