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OPEC+ to boost crude oil production

Crude oil edges higher as EIA trims its 2025 U.S. oil production forecast

Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, and the EIA trimmed its forecast for US oil production in 2025.

UPI on MSN · 4d

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.

Bloomberg · 2d

Russia’s Crude Production Stayed Below OPEC+ Target in June

Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.

Red Sea, Oil

Reuters on MSN · 11h

Oil steady on strong gasoline demand, Red Sea attacks while Trump tariffs loom

Oil prices were steady on Wednesday as investors weighed strong U.S. gasoline demand data and attacks on shipping in the Red Sea, while U.S. copper tariffs loomed.

Hosted on MSN · 13h

Oil prices rise on strong gasoline demand, Red Sea attacks

Oil prices rose on Wednesday as investors weighed strong U.S. gasoline demand data, attacks on shipping in the Red Sea, and a forecast for lower U.S. oil production. Brent crude futures were up 38 cents,

The Wall Street Journal on MSN · 14h

Oil Ticks Higher Amid Large U.S. Crude Build, Red Sea Tensions, Tariff Uncertainty

Oil prices edged higher in volatile trading as investors weighed a sharp rise in U.S. crude inventories and global trade risks against attacks on shipping in the Red Sea.

15hon MSN

Oil prices slip after US crude stocks post surprise build

Oil prices slipped on Wednesday as investors weighed a surprise build in U.S. crude stocks last week against attacks on ...

ET EnergyWorld3h

India’s crude oil production falls to 28.7 MMT in FY25, self-sufficiency at 12.3%

India's crude oil production has decreased to 28.7 MMT in FY25, maintaining a self-sufficiency of 12.3%. LNG imports ...

OilPrice.com8h

Brazil, Guyana, Argentina Fuel a New Oil Boom

Exxon, Chevron, and others are increasingly eyeing South America for low-cost, low-emission production as shale basins mature ...

Arise News57m

NUPRC: Nigeria’s Rig Count Jumps from 8 to 46 as Oil Sector Rebounds

NUPRC says oil sector is rebounding, with rig count rising from 8 in 2021 to 46, reflecting investor confidence ...

The Punch on MSN3h

$8bn investments lift oil rig count to 46

As part of efforts to improve the country’s daily production of hydrocarbon potential, crude oil producers operating in ...

Business Day3h

Regulatory reforms push up oil rigs by 48%

Nigeria’s upstream oil and gas sector is experiencing a resurgence, with the country’s rig count rising by 48%, from 31 in ...

1don MSN

Oil prices are climbing because a new battle for global market share is brewing

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open the floodgates of global crude supply.

Goldman Sachs expects OPEC+ members to increase oil production by 550,000 bpd in September

Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in ...

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