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OPEC, Oil prices fell

Oil falls on tariff concerns, OPEC+ may boost supply

Additionally, the Organization of the Petroleum Exporting Countries (OPEC) and its allies such as Russia, known as OPEC+ will likely agreed to raise their output by 411,000 barrels per day (bpd) at their meeting this weekend.

Reuters on MSN · 3h

Oil retreats as US tariff uncertainty looms, OPEC set to raise output

SINGORE -Oil prices fell on Thursday after gaining 3% in the previous session as investors are wary higher U.S. tariffs may be reinstated, which could cause lower fuel demand, and as major producers are expected to announce an output hike.

Iraqi News · 1d

Iraq emerges as OPEC’s largest oil supplier to US in May

The EIA revealed on Tuesday that the United States imported over 30 million barrels of crude oil from OPEC countries in May.

Odessa American16hOpinion

OPEC-Plus actions hostile to U.S. energy industry

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

OilPrice.com4h

OPEC Reports a Global Oil Production Decline in 2024

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

Channels Television1d

OPEC Warns Of 23mb/d Oil Supply Shortfall Without $17.4tn Investments By 2050

The Organisation of the Petroleum Exporting Countries (OPEC) has projected a 23 million barrels per day oil supply shortfall by 2023 without upstream investments of up to $17.4 trillion. It said the ...

Nairametrics1d

OPEC warns of 23 million bpd oil shortfall globally by 2030 without $17.4 trillion investment

The Organisation of the Petroleum Exporting Countries (OPEC) has projected a potential shortfall of 23 million barrels per day (bpd) ...

13d

OPEC Update, June 2025

Output for March 2025 was revised higher by 2 kb/d and April 2025 output was revised higher by 128 kb/d compared to last ...

Business Day1d

$17.4trn global upstream investment required in five yrs to avoid market deficit – OPEC

The Organisation of Petroleum Exporting Countries (OPEC) says its research estimates a huge oil market deficit of 23 million ...

2don MSN

Morgan Stanley Sees Brent at $60/bbl by Early Next Year

(Reuters) -Brent crude will likely retrace to around $60 per barrel by early next year, with the market being well supplied ...

9dOpinion

Commentary: Oil isn’t the economic weapon it used to be

Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...

RealClearEnergy4dOpinion

Louisiana Governor Jeff Landry Doesn’t Just Talk the Talk, He Walks the Walk on Energy Dominance

President Donald J. Trump’s energy plans to promote oil and gas production can reset the world stage, and Louisiana Gov. Jeff ...

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