opec crude oil production

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OPEC, crude oil

OPEC+ to boost crude oil production in August

Eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in August.

· 11h

OPEC looking to regain market share with oil production increases, expert says

· 2d

OPEC+ is pumping more oil, but is it needed and at what price?

· 1d

Saudi plays short and long game with OPEC+ production gamble

Riyadh will want to reverse this trend and solidify its dominant global position since oil and gas revenues contributed 22.3% of the country’s gross domestic product in 2024, according to Internationa...

· 22h

Oil Ticks Higher But Trade Uncertainty Clouds Outlook

· 1d

Oil Futures Gain With Support From Products

Rigzone35m

Mideast Oil Giants Say OPEC+'s Supply Surprise Needed by Market

You can see that even with the increase in several months, we haven't seen a major buildup in the inventories, which means the market needed those barrels'.

Oil News: Will OPEC Production Surge Sink Crude Oil Futures This Week?

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of next week’s trade.

AzerNews18h

OPEC forecast fuels optimism for Azerbaijan’s oil-driven growth

The Energy Information Administration (EIA) of the U.S. Department of Energy recently released its forecast for OPEC’s daily crude oil production in 2026, projecting a steady increase to 33.08 million barrels per day.

Crude Oil price today: WTI price bullish at European opening

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $67.36 per barrel, up from Wednesday’s close at $67.32. Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $69.61 price posted on Wednesday, and trading at $69.67.