OPEC+ News

Oil Prices Drop 1% Amid Trade War Fears and OPEC+ Output Speculations

Oil prices fell by over 1% following President Trump's comments on trade tariffs and speculation about OPEC+ increasing output, raising oversupply concerns. WTI and Brent crude pri...

Oil Prices Dip Over 1% Amid Trade War Fears and OPEC+ Output Speculations

Oil prices fell over 1% due to trade war fears and speculations about OPEC+ increasing output, with WTI and Brent crude both seeing declines in early trading.

Oil Prices Drop 1% Amid Lingering Trade War Fears and OPEC+ Output Speculations

Oil prices fell over 1% due to trade war concerns and speculation about OPEC+ increasing output, with WTI and Brent crude prices dropping to $62.84 and $66.58 per barrel respective...

Oil Prices Dip Over 1% Amid Renewed Trade Tariff Worries and OPEC+ Production Rumors

Crude oil prices dropped over 1% due to renewed concerns over potential U.S. trade tariffs and rumors of OPEC+ increasing production, raising fears of market oversupply. WTI and Br...

Oil Prices Drop Over 1% Amid Renewed Tariff Fears and OPEC+ Production Rumors

Crude oil prices fell over 1% due to renewed tariff concerns and rumors of OPEC+ increasing production, with WTI and Brent both experiencing declines. Kazakhstan's reluctance to fo...

Global Gasoline Prices Surge: A 5-Year High Sparks Market Concerns

Gasoline prices have surged to a five-year high, with RON95 increasing by 4.14% to VND19,630. Biofuel and diesel prices also rose, influenced by global market factors including U.S...

Russia and Iran Strengthen Energy Ties: Novak and Paknejad Discuss OPEC+ and New Gas Corridors

Russian Deputy Prime Minister Alexander Novak and Iranian Petroleum Minister Mohsen Paknejad discussed enhancing energy sector cooperation, focusing on OPEC+ collaboration and new ...

Oil Prices Plummet Over 2% Amid Rumors of OPEC+ Accelerating Production Increases

Oil prices dropped over 2% as OPEC+ members consider proposing accelerated production increases for the second month in a row, with WTI and Brent crude both seeing significant decl...

Oil Prices Plummet Over 2% Amid Talks of OPEC+ Accelerating Production Increases

Oil prices dropped over 2% as OPEC+ considers accelerating production increases for the second month in a row, with WTI and Brent crude both seeing significant declines.

Oil Prices Plummet Over 2% Amid Rumors of OPEC+ Accelerating Production Increases

Oil prices dropped over 2% as OPEC+ members consider speeding up production increases for a second month, with WTI and Brent crude both seeing significant declines.

Oil Prices Plunge Over 2% Amid Speculations of OPEC+ Accelerating Production Increases

Oil prices dropped over 2% as OPEC+ members consider accelerating production increases for the second month in a row, with WTI and Brent crude both experiencing significant decline...

Oil Prices Surge Over 1% Amid Gaza Conflict and OPEC+ Production Cuts

Crude oil prices surged over 1% as Gaza conflict tensions escalate and OPEC+ reports a production decline. Hamas rejects Israel's ceasefire, while OPEC revises its 2025 oil demand ...

Oil Prices Surge Amid Gaza Conflict and OPEC+ Production Cuts: What Investors Need to Know

Crude oil prices rose over 1% as Gaza conflict tensions escalate and OPEC+ cuts production. Hamas rejects Israel's ceasefire, demanding troop withdrawal. OPEC lowers 2025 oil deman...

Oil Prices Surge Over 1% Amid Gaza Conflict and OPEC+ Production Cuts

Crude oil prices rose by over 1% as the Gaza conflict persists and OPEC+ reports a production decline. Hamas rejected Israel's ceasefire proposal, and OPEC+ announced a decrease in...

Oil Prices Surge Over 1% Amid Gaza Conflict and OPEC+ Production Cuts

Crude oil prices rose by over 1% as ceasefire hopes between Israel and Hamas faded, and OPEC+ reported a production decrease. WTI and Brent prices saw notable increases.

Oil Prices Surge Over 1% Amid Gaza Conflict and OPEC+ Production Cuts

Crude oil prices rose over 1% as Gaza ceasefire hopes dimmed after Hamas rejected Israel's proposal. OPEC+ reported a production drop, and OPEC lowered its 2025 oil demand forecast...

Oil Prices Surge Over 1% Amid Gaza Conflict and OPEC+ Production Cuts

Crude oil prices rose over 1% as Gaza ceasefire hopes faded and OPEC+ reported a production decline. WTI and Brent crude prices saw immediate increases, reflecting market reactions...

Crude Oil Prices Surge Over 1% Amid Gaza Conflict and OPEC+ Production Cuts

Crude oil prices rose over 1% as the Gaza conflict escalates with Hamas rejecting Israel's ceasefire proposal. Israel vows not to capitulate to Hamas's demands. WTI and Brent crude...

Historic Drop: Gasoline Prices Hit 5-Year Low Amid Global Market Shifts

Gasoline prices have plummeted to a 5-year low, with RON95 dropping to VND18,850 per liter. Biofuel E5 RON92 and diesel also saw significant decreases. Global market dynamics, incl...

Oil Prices Plunge Below $59 Amid Rising Trade Tensions and OPEC+ Production Increase

Oil prices hit a four-year low, dropping below $59 per barrel due to escalating trade tensions and OPEC+'s planned production increase. WTI and Brent crude both experienced signifi...

WTI Crude Oil Plummets Below $59 Amid Rising Trade Tensions and OPEC+ Production Boost

WTI crude oil drops below $59, hitting a four-year low due to US-China trade tensions and OPEC+'s planned production increase. Geopolitical uncertainties further pressure the marke...

Global Oil Prices Plummet 8% Following China's Retaliatory Tariffs on US Goods

Crude oil prices dropped over 8% after China imposed new tariffs on US goods, escalating the trade war. OPEC+'s plan to boost production and Goldman Sachs' revised forecasts added ...

Global Oil Markets in Turmoil: China's Tariff Retaliation Sparks 8% Price Crash

Crude oil prices plummeted over 8% following China's new tariffs on US goods, escalating the global trade war. OPEC+'s plan to boost production and Goldman Sachs' revised forecasts...

Global Markets Shaken: Oil Prices Plummet 8% Amid China-US Tariff War Escalation

Crude oil prices fell sharply by over 8% following China's new tariffs on US goods, escalating the trade war. OPEC+'s plan to boost production and Goldman Sachs' revised forecasts ...

Oil Prices Plunge Over 4% to Lowest Since December 2021 Amid Demand Worries

Crude oil prices extended losses on Friday due to concerns over demand drop from U.S. trade tariffs and OPEC+'s unexpected output increase announcement, leading to significant pric...

Oil Prices Plunge Over 4% to Lowest Since December 2021 Amid Demand Worries

Crude oil prices extended losses due to U.S. trade tariffs and OPEC+'s decision to increase output, with WTI and Brent both dropping over 4%.

Global Oil Prices Plummet 7% Amid Escalating Trade Wars and OPEC+ Output Hike

Crude oil prices dropped sharply after US tariffs on global imports and OPEC+'s decision to increase oil output by 411,000 barrels per day, with West Texas Intermediate and Brent s...

Global Oil Prices Tumble 7% Amid Escalating Trade Wars and OPEC+ Output Hike

Crude oil prices dropped significantly after US tariffs announcement and OPEC+'s decision to increase oil output, raising concerns over global trade and economy. WTI and Brent pric...

Global Oil Prices Plummet 7% Amid Escalating Trade Wars and OPEC+ Output Hike

Crude oil prices dropped significantly as U.S. tariffs on global imports and OPEC+'s decision to increase oil output by 411,000 barrels per day raised concerns over global trade an...

Two Consecutive Weeks of Rising Gasoline Prices: What's Driving the Surge?

Gasoline prices have risen for two consecutive weeks, with RON95, Biofuel E5 RON92, and diesel seeing significant increases. Factors include decreased U.S. crude inventories, poten...

Global Oil Market Achieves Balance: Insights from Russia's Deputy Prime Minister

Russian Deputy Prime Minister Alexander Novak announced the global oil market is now balanced, following OPEC+'s output cuts. Russia plans to increase oil processing in 2025 and ex...

Global Gasoline Prices Hit a 5-Month Low: What's Driving the Drop?

Gasoline prices have plunged to a 5-month low, with RON95 decreasing by 3.36% to VND20,400. Biofuel E5 RON92 and diesel also saw significant drops. Factors include OPEC+ production...