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OPEC+ Poised for 4th Consecutive Oil Hike

OPEC+ may further accelerate oil output hikes on Saturday, sources say

OPEC+ may make an increase in oil output for August at its meeting on Saturday that is larger than the 411,000 barrels per day (bpd) hikes it made for May, June and July, three sources familiar with OPEC+ talks told Reuters.

The Wall Street Journal on MSN · 2d

Oil Falls on OPEC+ Output Boost Expectations, U.S. Tariff Uncertainty

Oil prices fell as major OPEC+ producers were expected to soon announce another large output hike and amid uncertainty that tariffs could be reinstated on some U.S. trading partners if deals weren’t concluded.

Arabian Post on MSN · 2h

OPEC+ Poised for Fourth Consecutive Oil Hike

Dubai A coalition of eight OPEC+ nations is preparing to approve another increase in oil production for August, locking in a 411,000 barrels‑per‑day boost during their meeting on Saturday. The group—comprising Saudi Arabia,

US targets Iran oil trade, Hezbollah

Fox Business on MSN · 1d

US hits Iran's 'shadow fleet' and oil smuggling network with sanctions

The Treasury Department is targeting vessels in Iran's "shadow fleet" and the operators of an Iran-Iraq oil smuggling network in its latest sanctions.

Reuters on MSN · 1d

US imposes fresh sanctions targeting Iran oil trade, Hezbollah

The U.S. imposed sanctions on Thursday against a network that smuggles Iranian oil disguised as Iraqi oil and on a Hezbollah-controlled financial institution, the Treasury Department said. A network o

Yahoo · 1d

U.S. Sanctions Target Iran’s Oil Smuggling Network

The U.S. Treasury Department on Thursday unveiled fresh sanctions targeting Iran’s covert oil trade and Hezbollah-linked financial activity

16hon MSN

Oil dips ahead of expected OPEC+ output increase

Oil futures slipped slightly Friday on thin holiday volumes, as the market looked ahead to this weekend's OPEC+ meeting and ...

2hon MSN

Could California start producing more oil? Gov. Newsom is considering it

Siva Gunda, the Vice Chairman of the California Energy Commission, submitted a set of recommendations around oil refining and ...

OilPrice.com19h

Oil Prices Tick Higher as Markets Balance Geopolitics and Demand

Oil prices made a modest recovery as June ended, driven by easing Middle East tensions, strong summer gasoline demand, and ...

1don MSN

Oil falls as Iran affirms commitment to nuclear treaty

Oil futures fell slightly on Friday after Iran reaffirmed its commitment to nuclear non-proliferation, while major producers ...

Husband-and-Wife Team’s Bold Foray Into Oil Refining Ends Badly

When the French oil major TotalEnergies SE was struggling to find a buyer for the Lindsey oil refinery in England back in ...

BP, Once a Hunter in the Oil Industry, Is Now Prey. What Went Wrong?

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

21hon MSN

Oil and gas drilling licence surrendered at site

A licence to drill for oil and gas at a site in Surrey has reportedly been relinquished by UK Oil & Gas (UKOG). The firm had ...

20h

Hints from Heloise: Some talk on tung oil (and linseed oil, too)

What is tung oil? We just refinished the floors of an old Victorian home, and a historian told us to refinish the floors in ...

2don MSN

Key evidence shown in Diddy trial: Baby oil, drugs, more

Prosecutors presented a trove of evidence in the Diddy trial, including guns, drugs, baby oil and more found in Sean Combs' ...

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OPEC+ Poised for 4th Consecutive Oil Hike

US targets Iran oil trade, Hezbollah

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