Eight OPEC plus nations delay production rise until AprilNovember 3, 2025 OPEC plus nations, including Saudi Arabia and Russia, will pause oil output increases in early 2026 to maintain market balance and review global demand.
Brent crude drops amid reports of OPEC+ production hikeAugust 31, 2024 Oil prices dropped as insider reports revealed OPEC+ might increase production in October, countering Libya’s significant output losses.
Rising geopolitical tensions could push oil prices to $90 a barrelJuly 2, 2024 The ongoing geopolitical tensions between Israel and Hezbollah, with potential Iranian involvement, could drive oil prices to $90 per barrel.
