opec crude oil production

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OPEC, crude oil

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.

Seeking Alpha on MSN · 3h

Crude oil gains on Russia sanctions potential, OPEC+ production pause report

Crude oil futures jumped Friday, firming up gains for the week, on prospects of potential U.S. sanctions on Russian oil and reports that OPEC+ is considering a pause in production increases after August.

Reuters · 4d

OPEC+ is pumping more oil, but is it needed and at what price?

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the extra crude, and will the group actually export the additional barrels they say they are going to produce?

OPEC trims oil demand for next four years

Marketplace · 1d

OPEC projects continued oil demand growth. Other energy groups disagree.

Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International Energy Agency, predict that the world’s peak oil production is close, and global oil demand will drop starting in the next decade as more renewables come online.

MarketWatch · 1d

'No peak oil demand': OPEC raises its 2050 global oil demand projection by 19% to 123 million barrels per day

In its World Oil Outlook 2050 report published Thursday, the Organization of the Petroleum Exporting Countriues left its forecasts for 2025 global oil demand growth unchanged at 105 million barrels per day.

Washington Examiner on MSN · 1d

No global peak oil demand in sight, OPEC says

The Organization of the Petroleum Exporting Countries said that global oil consumption will continue to swell well into the midcentury, with no peak in sight, rebutting outside forecasts that the world is shifting away from oil.

9hon MSN

Venezuela's PDVSA oil sales abroad hit $17.5 billion in 2024 as exports jump

Venezuelan state-run PDVSA's oil sales abroad in 2024 stood at $17.52 billion, according to a results document seen by ...

Oil under even more pressure as Saudi Arabia boosts crude output

Oil (CL=F, BZ=F) prices hover below $70 a barrel after Saudi Arabia raised its crude output above its OPEC+ quota. Yahoo ...

OPEC looking to regain market share with oil production increases, expert says

The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional ...

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 ...

Oil News: OPEC Analysis Backs Demand Resilience, WTI Tests $67.44 Zone

Oil futures steady above $67.44 while traders await Fed and OPEC cues. Strong gasoline demand supports crude oil outlook ...

InvestmentNews1d

OPEC says oil will continue to expand through 2050

The OPEC+ alliance, which includes countries such as Russia and Kazakhstan, will expand its share of global oil markets to 52 ...

3don MSN

Oil Prices Set to Be Less Affected by Geopolitical Tensions

Oil prices were likely to be less affected by geopolitical tensions going forward, HSBC said, adding that it expected any future flare-ups in the Middle East region to have diminishing impacts on oil ...

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