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OPEC, Oil Prices and Increase Supply

The New York Times · 3h

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 · 17h

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.

Public Broadcasting Service (PBS) · 2h

Oil prices tumble after OPEC+ says it will step up production

Stocks are opening lower on Wall Street and crude prices are falling to a four-year low after the OPEC+ group of oil-producing nations said it plans to increase output.

39m

OPEC+ Production Decision Will Widen Global Oil Oversupply, Morgan Stanley Says -- OPIS

Morgan Stanley analysts on Sunday said Saturday's announcement by OPEC+ that it will increase June output by 411,000 b/d for a second straight month will widen the supply surplus this year and next, ...

16h

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 ...

Zacks.com on MSN1h

Oil Slumps to Below $60: ETFs to Gain

Oil prices tumbled below $60 per barrel for the first time since February 2021. Lower oil prices have been a blessing for a ...

18h

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 ...

2hon MSN

Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production

Berkshire Hathaway fell 5.5% for one of the market’s bigger losses. Legendary investor Warren Buffett announced over the ...

OilPrice.com1d

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.

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