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Oil Prices Drop On Supply, Demand Concerns

Reuters on MSN · 1h

Oil falls as OPEC+ output hike adds to oversupply concerns

Oil prices fell to their lowest in a week on Monday after OPEC+ agreed to another large output increase in September, adding to oversupply concerns after U.S. data showed lacklustre fuel demand in the top consuming nation.

The New York Times · 1d

OPEC Plus Will Increase Oil Output

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand.

The Wall Street Journal on MSN · 5h

Oil Prices Drop On Supply, Demand Concerns After OPEC+ Hike

Oil prices slump as OPEC+’s output hike raises oversupply worries amid demand uncertainty. Brent crude is down 1.7% at $68.46 a barrel, while WTI is down 2% at $66.01 a barrel. Oil prices have fallen after OPEC+ agreed over the weekend to raise September production by 547,

Trump threatens India for buying Russian oil

Fox Business on MSN · 57m

A shadowy fleet of ‘ghost ships’ is ferrying Russian oil to Indian ports

Beijing and New Delhi continue to defy U.S. sanctions on Russian crude, much of which is funneled through a growing fleet of untracked "ghost ships."

Reuters on MSN · 1h

Trump: will 'substantially' raise tariffs on goods from India over Russian oil purchases

U.S. President Donald Trump said on Monday he will substantially raise tariffs on goods from India over its purchases of Russian oil. "India is not only buying massive amounts of Russian Oil, they are then,

The Hill on MSN · 29m

Trump to raise tariffs further on India over Russia oil purchases

President Trump said on Monday he will raise tariffs on India for buying and selling oil from Moscow, arguing that the country doesn’t care about the Ukrainian casualties from the war with Russia. The president didn’t say how much the tariff will increase on India,

6hon MSN

China standing firm against U.S. demands that it stop buying oil from Russia and Iran

"If the U.S. is bent on imposing tariffs, China will fight to the end, and this is China's consistent official stance," said ...

45m

International Oil Dividend Stocks: I Prefer Suncor Energy Over Petrobras

Latest dividend declarations foretell less pressured earnings at Suncor Energy compared to Petrobras. Learn more on the ...

6h

OPEC+'s bet the oil market could absorb additional barrels appears to be paying off: RBC's Croft

Oil futures are under pressure after OPEC+ — made up of the Organization of the Petroleum Exporting Countries and its allies ...

20hon MSN

OPEC+ Countries Agree to Boost Oil Production: What to Know

OPEC+ members have agreed to a second consecutive production increase this year, effectively ending voluntary cuts on ...

2hon MSN

Trump says he will 'substantially' raise tariffs on India over Russian oil purchases

U.S. President Donald Trump said on Monday he will substantially raise tariffs on India over its purchases of Russian oil.

2h

Ukraine drone attack sparks fire at Sochi oil depot, Russian authorities say

Early on Sunday a massive oil depot fire was raging near Russia's Black Sea resort of Sochi - blamed by the Russian ...

3hon MSN

Turkey’s ‘immortal’ olive trees are producing some of the finest olive oil in the world

In a country where they’ve been making olive oil for thousands of years, producers in Turkey’s grove-covered Ayvalik region ...

47mon MSN

Oil producer pressure, Trump rollbacks threaten last-chance global plastics treaty

By Olivia Le Poidevin and Valerie Volcovici GENEVA (Reuters) -Hopes for a "last chance" ambitious global treaty to curb ...

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