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Tag: OPEC+ output hike

OPEC
Business
  • Reuters
  • Jul 01, 2025
Crude dips, weighed by expectations of OPEC+ output hike in August

Global shares made records on trade optimism, but debate over a bill estimated to add $3.3 trillion to the US debt pile weighed on sentiment.

oil prices
Business
  • Reuters
  • May 05, 2025
Oil drops more than $2 per barrel as OPEC+ accelerates output hikes

Barclays lowered its oil prices forecast by $4 to $66 a barrel for 2025 because of the accelerated phase out by OPEC+.

OPEC+
World
  • Reuters
  • Aug 30, 2024
OPEC+ likely to proceed with planned output hike from October

Eight OPEC+ members scheduled to boost output by 180,000 barrels per day in October

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