Oil drops more than $2/bbl as OPEC+ accelerates output hikes
By Florence Tan SINGAPORE (Reuters) -Oil prices fell more than $2 a barrel in early Asian trade on Monday as ...
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Saudi Arabia signals it can live with lower oil prices, sources say
Saudi officials said the kingdom is unwilling to prop up the oil market with further supply cuts Saudi Arabian officials ...
Read moreDetailsOil edges up despite murky economic outlook, potential OPEC+ supply hike
By Florence Tan SINGAPORE (Reuters) - Oil prices inched up in early trade on Monday but remained dogged by uncertainty ...
Read moreDetailsOPEC output hikes, trade wars have US oil producers wary of ‘drill baby drill’
By Arathy Somasekhar HOUSTON Reuters) - President Donald Trump moved on his first day in office to increase U.S. oil ...
Read moreDetailsOil tumbles 8% after China retaliates in global trade war
(Reuters) - China escalated the global trade conflict on Friday by imposing an additional 34% tariff on U.S. goods, following ...
Read moreDetailsOil majors suffering from OPEC+ output hike, not from U.S. tariffs, Eni exec says
CERNOBBIO, Italy (Reuters) - Oil majors are suffering after eight OPEC+ countries unexpectedly agreed to increase oil output in May, ...
Read moreDetailsGoldman cuts oil price forecasts amid tariff fears, higher OPEC+ supply
(Reuters) - Goldman Sachs lowered its forecast for Brent crude's average price this year by 5.5% to $69 a barrel ...
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In the reeling energy sector, an unexpected OPEC production hike plus tariff fears send oil prices plunging 7% todayheadline
President Trump’s sweeping tariffs combined with OPEC’s unexpectedly large production hike are combining to trigger a “double whammy” on the ...
Read moreDetailsOPEC+ speeds up oil output hikes, oil drops
By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW (Reuters) -Eight OPEC+ countries agreed on Thursday to advance their plan ...
Read moreDetailsOPEC+ to discuss Kazakhstan output at Thursday’s meeting, sources say
By Ahmad Ghaddar and Alex Lawler LONDON (Reuters) - Eight OPEC+ countries meeting on Thursday will focus debates on how ...
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