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OPEC+ speeds up oil output hikes, adds 548,000 bpd

OPEC+ speeds up oil output hikes, adds 548,000 bpd in August

By Alex Lawler, Maha El Dahan, Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped - and then retreated - following Israeli and U.

CNBC on MSN · 2h

OPEC+ members agree larger-than-expected oil production hike in August

Eight OPEC+ producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 barrels per day rate.

NDTV World on MSN · 32m

OPEC+ To Hike Petrol Output To 548,000 Barrels Per Day In August

Saudi Arabia, Russia and six other key members of the OPEC+ alliance said they would further increase oil output in August to 548,000 barrels per day.

Iran, Oil

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

The Wall Street Journal on MSN · 1d

Oil Edges Higher After U.S. Takes Measures to Curb Trade of Iranian Oil

Oil edged higher in the early morning Asian session after the U.S. took measures to curb the trade of Iranian oil.

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.

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OPEC+ considers raising oil output by 550,000 bpd in August, sources say

OPEC+ will consider raising oil output by around 550,000 barrels per day in August at its meeting on Saturday, up from the ...

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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 ...

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

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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+ speeds up oil output hikes, adds 548,000 bpd

Iran, Oil

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