OPEC+ Confronts the Next Stage in Battle for Oil Market Share

OPEC+ Confronts the Next Stage in Battle for Oil Market Share

After stunning the oil world with a slew of production increases, OPEC+ is preparing to decide its next move at a key meeting on Sunday.

OPEC+ to Consider Further Oil Output Hike on Sunday - Energy News, Top Headlines, Commentaries, Features & Events

Summary Eight OPEC+ countries to meet on Sunday OPEC+ could also pause hikes for October, source says No immediate comment received from OPEC or Saudi authorities (Reuters) – OPEC+ will consider further raising oil production at a meeting on Sunday, two sources familiar with the discussions said, as the group seeks to regain market share. ...

OPEC+ to consider further oil output hike on Sunday, sources say

OPEC+ will consider further raising oil production at a meeting on Sunday, two sources familiar with the discussions said, as the group seeks to regain market share. Another boost would mean that OPEC+, which pumps about half of the world's oil, would be starting to unwind a second layer of output cuts of about 1.65

Fresh Iran Sanctions, Expected OPEC+ Meeting Outcome Buoy Oil Prices

By Adedapo Adesanya Oil prices closed higher by more than 1 per cent on Tuesday after the US imposed sanctions targeting Iran’s oil revenue stream while the market weighed the expected outcome of the meeting of the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) on Sunday. During the session, Brent crude gained […]