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OPEC Plus Is Increasing Oil Supplies

Why OPEC Plus Is Increasing Oil Supplies Despite Falling Prices

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and may be trying to appease President Trump, who has pushed for lower prices.

Reuters on MSN · 2h

OPEC+ to further speed up oil output hikes, three sources say

OPEC+ plans to further accelerate oil output hikes and possibly unwind 2.2 million barrel per day of voluntary cuts through October 2025 if members of the group don't improve compliance with their production quotas,

The Financial Times · 1d

Saudi-led Opec+ expands production despite falling oil prices

Eight Opec+ members, including Saudi Arabia and Russia, announced a second consecutive monthly increase of 411,000 barrels a day for June, even as oil prices continue to slide because of fears of oversupply and economic weakness.

Oil posts biggest weekly loss in a month

OilPrice.com · 2d

Oil Rebounds But Set for Another Weekly Loss

Crude oil prices experienced a rebound due to China signaling willingness to negotiate tariffs with the US, despite being on track for another weekly loss amidst concerns about Saudi Arabia's oil price strategy and upcoming OPEC+ production discussions.

Reuters · 1d

Oil posts biggest weekly loss in a month ahead of OPEC+ meeting

Oil prices fell over 1% lower on Friday and recorded for their biggest weekly losses since the end of March, as traders turned cautious ahead of an OPEC+ meeting to decide the group's output policy for June.

Seeking Alpha on MSN · 1d

Crude oil posts biggest weekly loss in a month as OPEC+ speculation outweighs tariff war

Crude oil fell Friday to end a second straight weekly loss, as key OPEC+ members reportedly are discussing another production increase of ~400K bbl/day in June ahead of a video conference to set policy on Saturday,

2don MSN

Oil prices are down over last 6 months: what does it mean for gas prices?

Gas prices, though having risen slightly while oil prices continue to fall to prices not seen since 2021, could begin to dip ...

2don MSN

Trump says any country that buys oil from Iran will not be allowed to do business with U.S.

President Donald Trump said any person or country that buys oil or petrochemicals from Iran will be barred from doing any ...

1don MSN

Oil spill off Louisiana's Gulf Coast raises alarm as DOGE cuts may threaten response efforts

Former federal disaster response specialists and national environmental groups warn that DOGE job cuts may hamper the ...

2don MSN

Trump says buying Iranian oil must stop, threatens secondary sanctions on purchasers

U.S. President Donald Trump said all purchases of Iranian oil or petrochemical products must stop and any country or person ...

15h

ExxonMobil Continues to Prove It's the Best-Run Company in the Oil Patch

ExxonMobil (NYSE: XOM) is the 800-pound gorilla in the oil sector. The oil company showcased its prowess in the first quarter ...

OilPrice.com13h

The Trade War Is Already Hurting Oil Demand

IEA, OPEC, and EIA all revised 2025 growth down by 150,000–400,000 bpd amid worsening trade and economic outlooks.

1don MSN

Profits at American oil giants Exxon Mobil and Chevron fall in tandem with waning energy demand

Chevron also reported its lowest first-quarter profits in years, with per-share adjusted profit falling to $2.18 per share on ...

3don MSN

How the U.S. Oil Industry Has Taken a Beating Under Trump, in Charts

The president’s pledge to usher in an era of American energy dominance collides with his policies.

11hon MSN

Oil has been discharging into the Gulf of Mexico for a week

The U.S. Coast Guard and other groups have been trying to contain a discharge in Plaquemines Parish in Louisiana.

2don MSN

Trump threatens sanctions against buyers of Iranian oil after US-Iran nuclear talks are postponed

President Donald Trump is threatening sanctions on anyone who buys Iranian oil. That warning comes after planned talks ...

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OPEC Plus Is Increasing Oil Supplies

Oil posts biggest weekly loss in a month

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