Tag: OPEC+
Oil benchmarks rebound
SINGAPORE — Oil prices rebounded more than $1 a barrel on Monday after producer group OPEC+ decided to increase output in July by the...
Oil benchmarks slip
HOUSTON—US crude futures fell on Friday as traders expected OPEC+ would decide on Saturday to boost oil output for July beyond previous forecasts.
Brent crude...
Saudi poised to burn more crude for power as fuel oil becomes costly
BY JESLYN LERH
SINGAPORE — Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up...
Oil benchmarks climb $1
SINGAPORE- Oil gained more than $1 per barrel on Tuesday, rebounding on technical factors and bargain hunting after a decision by OPEC+ to boost...
OPEC+ to speed up output hikes, sources say
BY OLESYA ASTAKHOVA AND AHMAD GHADDAR
LONDON/MOSCOW— OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million...
