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OPEC Plus Is Increasing Oil Supplies

The New York Times · 1d

Why OPEC Plus Is Increasing Oil Supplies Despite Falling Prices

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and may be trying to appease President Trump, who has pushed for lower prices.

Seeking Alpha on MSN · 33m

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.

The Star · 36m

Opec agrees another accelerated oil output hike for June

DUBAI: The Organisation of Petroleum Exporting Countries (Opec) has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels per day, the group says,

43m

Oil News: Crude Outlook Turns Bleak as OPEC Ramps Supply Into Weak Demand

OPEC+ ramps up output by 800,000 bpd, setting a bearish tone as weak oil demand and rising inventories pressure the global ...

2hon MSN

Exclusive-OPEC+ to further speed up oil output hikes, four sources say

OPEC+ plans to further accelerate oil output hikes and could unwind its 2.2 million barrels per day of voluntary cuts by the ...

1hon MSN

Oil prices sink as OPEC+ hikes output, U.S. stock futures dip ahead of Fed meeting

Oil prices sank Sunday while U.S. stock futures declined after the S&P 500 notched its longest winning streak in more than 20 ...

The Trade War Is Already Hurting Oil Demand

IEA, OPEC, and EIA all revised 2025 growth down by 150,000–400,000 bpd amid worsening trade and economic outlooks.

2don MSN

Chevron Slashes Buybacks as Trump Trade War, OPEC Hit Oil Prices

Chevron Corp. will slash share buybacks this quarter after oil prices have tumbled, indicating that President Donald Trump’s ...

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