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OPEC, crude oil

BNN Bloomberg · 3h

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 barrels per day set to hit global markets in August, in a bid to regain market share lost to other oil producers,

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.

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?

1h

OPEC Forecast Fuels Optimism For Azerbaijan's Oil-Driven Growth

The Energy Information Administration (EIA) of the U.S. Department of Energy recently released its forecast for OPEC's daily crude oil production ...

3h

WTI Crude Oil rises as Red Sea attacks overshadow EIA inventory build

WTI Crude Oil is trading higher on Wednesday as attacks in the Red Sea overshadow reports of rising supply.

1d

Saudi plays short and long game with OPEC+ production gamble

Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...

3d

Oil News: Will OPEC Production Surge Sink Crude Oil Futures This Week?

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...

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