OPEC oil output fell in March ahead of a scheduled output hike, a Reuters survey found, as Nigeria curbed deliveries to ...

A Reuters survey on Monday showed OPEC oil output falling in March, driven primarily by drops in supply from Nigeria, Iran and Venezuela. OPEC pumped 26.63 million barrels per day in March ...

A year later, oil prices had plunged below $10 a barrel, and the policy mistake lives forever in OPEC’s memory as the “Ghost ...

Oil prices are crashing due to global economic concerns and increased OPEC production. Goldman Sachs says Brent oil could fall under $40 by 2026 in an 'extreme' scenario US oil production may ...

Crude oil has had a rough start to 2025, with a nearly 15% decline year to date. Prices dropped to $61.99 per barrel on Friday — the lowest level since 2021 — pressured by mounting recession ...

As for broader oil markets, Johnston said Trump’s tariffs and OPEC’s tripling the pace of planned production increases for May led to a “sentiment-based rout” for oil prices this week.

Key OPEC+ nations reiterated the need for members to stick to oil output quotas after the group’s surprise decision to speed ...

Also Read: Oil prices crash over 8% to near 4-year lows amid trade war, Opec supply woes; Brent crude slips below $65 mark Brent crude was priced at $69.59 a barrel on Friday, while WTI was at $66.39.

(Bloomberg) -- Oil tumbled to a four-year low, following a surprise output increase by OPEC+ and a rapidly escalating global trade war that’s also rattling commodities markets from metals to gas.

Major oil producers announced a bigger-than-expected output boost for May, even as Trump’s tariffs tank crude prices.

Oil prices dived to their lowest in more than three years after China hit back at U.S. tariffs.

Analysts have also lowered their oil forecasts for 2025 in anticipation ... both on the demand side as well as regarding the eventual impact on Opec production — a quota increase is not the ...