OPEC+ likely to proceed with planned May oil output hike, sources say
OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, three sources told Reuters, ...
OPEC+ issues new plan for oil cuts to compensate for overproduction
OPEC+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping ...
OPEC+ set to raise oil production again in May as output cuts ease
According to the Reuters report, OPEC+ plans to increase output by a further 135,000 barrels per day in May. This would be ...
Arabian Gulf Business Insight on MSN3d
Opec+ sets out new oil cut plan to offset excess output
Opec+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping above-agreed levels, which will more than overtake the monthly production ...
thearabianpost4d
OPEC+ Enforces New Output Cuts to Counter Overproduction
OPEC+ has announced a revised schedule for seven member nations to implement additional oil output ... a series of monthly hikes intended to gradually restore a total of 2.2 million bpd over the next ...
Barchart on MSN3d
Crude Prices Close Slightly Higher on Possible Tighter Global Oil Supplies
WTI crude oil Friday closed up +0.21 (+0.31%), and May RBOB gasoline closed up +0.0026 (+0.12%). Crude oil and gasoline prices posted modest gains on Friday. Crude prices had ...
World Energy News5h
Sources say that OPEC+ is likely to go ahead with its planned increase in oil production for May.
Three sources said that OPEC+ would likely stick with its plan to increase oil production for a second month in a row in May.
USD/JPY threatens ¥150; KR PM Han returns as acting-Pres
Asia Market Update: Mixed Asian equities in directionless start to week; USD/JPY threatens ¥150; KR PM Han returns as acting-Pres; Focus on UK, DE, EU, US Mar S&P PMIs.