OPEC+ production News

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

Crude oil prices surged over 1% as the Gaza conflict escalates with Hamas rejecting Israel's ceasefire, and OPEC+ reports a production decline. WTI and Brent crude prices saw immed...

Crude 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 ceasefire, while OPEC lowers demand forecast, impacting glo...

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

Crude oil prices rose over 1% as Gaza ceasefire hopes vanished after Hamas rejected Israel's proposal. OPEC+ production fell in March, and OPEC lowered its 2025 oil demand forecast...

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

Crude oil prices increased by over 1% as hopes for a Gaza ceasefire faded and OPEC+ announced a production cut. Hamas rejected Israel's ceasefire proposal, while Israel vowed not t...

Fitch Adjusts 2025 Oil Price Forecasts Amid Global Economic Shifts and OPEC+ Plans

Fitch Ratings lowers its 2025 oil price forecasts due to weaker global growth and OPEC+ production increases, with Brent and WTI prices adjusted downward. Concerns over oversupply ...

Fitch Downgrades 2025 Oil Price Forecasts Amid Global Growth Concerns and OPEC+ Plans

Fitch Ratings lowers its 2025 oil price forecasts due to weaker global growth and OPEC+ production increases, with Brent expected at $65 and WTI at $60 per barrel, amid oversupply ...

Fitch Downgrades 2025 Oil Price Forecasts Amid Global Economic Slowdown and OPEC+ Production Hikes

Fitch Ratings has lowered its 2025 oil price forecasts due to weaker global growth and planned OPEC+ production increases, with Brent expected to average $65 and WTI $60. Concerns ...

Global Gold Prices Steady as Traders Anticipate U.S. Non-Farm Payrolls Report

Gold prices have risen domestically while remaining steady globally as traders await the U.S. non-farm payrolls report. The oil market faces fluctuations due to increased U.S. crud...