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OPEC, Oil Prices

The New York Times · 7h

Oil Prices Slide Further on OPEC Plans to Increase Supply

U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.

Seeking Alpha on MSN · 21h

Oil sinks 4% after OPEC output increase

Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) -3.5% dropped more than 3%. Eight members of OPEC+ on Saturday announced a second straight monthly increase of 411K barrels of crude per day for June.

Investopedia on MSN · 7h

Oil Prices Drop as OPEC+ Agrees To Boost Supply Again

Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output again in June, raising concerns about a potential oversupply at a time when markets are grappling with the uncertainties of a global trade war.

20h

OPEC+'s 'healthy' crude oil market looks like catching a cold: Russell

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

Oil Falls as OPEC+ to Add Another 411,000 Barrels a Day

Crude futures slide after OPEC+ agrees to raise output by 411,000 barrels a day in June, speeding up the gradual return of 2.2 million barrels a day in voluntary production cuts. While some of the ...

OilPrice.com1h

Trump: Low Oil Prices Put U.S. In Good Negotiating Position With Russia

US President Donald Trump may have just said the quiet part out loud, answering analyst questions about the motivation behind ...

OPEC+ Production Decision Will Widen Global Oil Oversupply, Morgan Stanley Says -- OPIS

Morgan Stanley analysts on Sunday said Saturday's announcement by OPEC+ that it will increase June output by 411,000 b/d for a second straight month will widen the supply surplus this year and next, ...