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OPEC, Oil Prices and Increase Supply

The New York Times · 2h

Oil Prices Slide Further on OPEC Plans to Increase Supply

U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.

Seeking Alpha on MSN · 15h

Oil sinks 4% after OPEC output increase

Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) -3.5% dropped more than 3%. Eight members of OPEC+ on Saturday announced a second straight monthly increase of 411K barrels of crude per day for June.

Investopedia on MSN · 1h

Oil Prices Drop as OPEC+ Agrees To Boost Supply Again

Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output again in June, raising concerns about a potential oversupply at a time when markets are grappling with the uncertainties of a global trade war.

30m

Why Frontline Stock Popped, but Exxon and ConocoPhillips Dropped

There's one great reason why Frontline is outperforming Exxon and Conoco stocks today. Uh-oh. OPEC is up to something, and it ...

15h

OPEC+'s 'healthy' crude oil market looks like catching a cold: Russell

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

InvestmentNews5h

OPEC+ has hiked supplies, forcing a rethink on Wall Street

A bold Saudi-led move to reorder the global oil market with an aggressive ramp-up of OPEC+ supply is forcing Wall Street ...

17h

Oil Sinks as OPEC+ Supply Surge Threatens to Swamp Global Market

Oil buckled on concerns of a global glut after OPEC+ agreed to another bumper output increase, adding to supply at a time ...

2don MSN

Exxon and Chevron hold the line against tariffs, OPEC, and plunging oil prices

Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud ...

OPEC+ Plans Faster Rollback of Output Cuts

OPEC+ is accelerating the rollback of production cuts, potentially adding 2.2 million barrels daily to the market by November ...

7hon MSN

OPEC+'s rubric not satifying all members equally: Emirates NBD

"OPEC+'s rubric is not satifying all of its members equally," Ed Bell, chief economist and head of research at Emirates NBD ...

Axios on MSN3h

What OPEC's big weekend says about Trump

Saudi Arabia and some other members see President Trump — for now — as more invested in lower prices than in what's ...

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