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BNN Bloomberg · 26m

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

The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional barrels per day set to hit global markets in August, in a bid to regain market share lost to other oil producers,

Goldman Sachs expects OPEC+ members to increase oil production by 550,000 bpd in September

Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in September, which would complete the unwinding of 2.2 million bpd of voluntary cuts,

UPI on MSN · 3d

OPEC+ to boost crude oil production in August

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

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 ...

3d

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 ...

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