Finance News – Opec
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The palace, the protests and the red carpet: How OPEC’s seminar played out
The gathering of key industry leaders and officials at the Vienna seminar highlighted critical discussions that could influence oil market dynamics and impact global energy investm...
Read Full Article →Exxon just warned Wall Street of billion-dollar profit hits. Here’s what may cause it.
Exxon notified investors that its earnings could decline significantly due to planned oil output expansions by OPEC and partner nations, which may lead to lower global energy price...
Read Full Article →OPEC head lashes out at net-zero targets, tells Calgary audience oil demand will keep growing
The OPEC leader highlighted concerns over forecasts of declining oil consumption, emphasizing continued market growth and potential impacts on global investment and economic stabil...
Read Full Article →OPEC boss slams net-zero targets, promotes big future for oil in Calgary speech
The leader of OPEC emphasized the ongoing global demand for oil, suggesting that sustained financial investments in the industry will be crucial to support energy markets over the...
Read Full Article →Premarket: Wall Street futures slip after Trump’s steel, aluminum tariff threats
Rising oil costs due to geopolitical tensions and OPEC+ production decisions have heightened market uncertainty, leading to decreased investor confidence and lower stock futures in...
Read Full Article →UK petrol prices poised to fall further as oil production may be stepped up
The potential increase in oil production by major producers is contributing to a decline in global crude prices, which could lead to reduced fuel costs and financial relief for con...
Read Full Article →Saudi-led Opec+ expands production despite falling oil prices
Opec+ has decided to increase oil production by 411,000 barrels per day for the second month in a row, amidst a backdrop of declining oil prices in the market.
Read Full Article →OPEC+ crashed oil prices by hiking output in April. Here’s why it could do that again.
OPEC+ is expected to meet earlier than planned, which could potentially influence oil prices again due to its decisions regarding output levels and market dynamics.
Read Full Article →Chevron stock falls as lower profits and oil prices set to slow the pace of stock buybacks
Chevron's stock decline is linked to decreasing profits and oil prices, influenced by economic concerns from tariffs and increased oil production by OPEC+, impacting the company's...
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