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OPEC+ to boost crude oil production in August

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in August.

The New York Times · 15h

OPEC Plus Agrees to Pump More Oil in August

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts expected and could lead to lower oil prices.

Arise News · 1h

OPEC Approves 548,000 Bpd Oil Output Boost for Eight Members, Excludes Nigeria

Nigeria has been left out of OPEC’s 548,000 bpd crude output increase due to poor production despite incentives and projections.

40mon MSN

Trade deadlines and oil drama set the stage for a crunch week in global markets

CNBC's assignment desk has a conundrum this week: how to approach July, 9 — the deadline for trade negotiations between the U ...

Crude Oil Price Pressured by Global Oversupply Concerns

WTI crude oil (CLQ25 ) today is down -0.66 (-1.01%), and August RBOB gasoline (RBQ25 ) is down -0.41 (-0.20%). Crude oil and ...

Oil News: Can Crude Oil Sustain Gains Above 200-Day MA Before OPEC Decision?

Crude oil holds above the 200-day MA as traders await OPEC’s decision and summer demand signals. Inventory draws and China’s ...

WTI Crude Oil pares earlier gains as focus shifts from Prax insolvency to OPEC+ supply outlook

From a technical perspective, WTI has found support near the 38.2% Fibonacci retracement of the January–April decline at ...

Crude Oil Prices Supported by Middle East Tensions

WTI crude oil (CLQ25 ) today is up +0.48 (+0.73%), and August RBOB gasoline (RBQ25 ) is down -0.63 (-0.30%). Crude oil and gasoline prices today are mixed, with crude prices climbing to a 1-week high.

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