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Oil Ticks Lower

Oil rises as strong demand offsets big OPEC+ output hike

Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, as well as concern about the potential impact of U.S. tariffs.

Bloomberg L.P. · 1d

UAE Says OPEC+ Super-Sized Supply Hike Needed by Oil Market

The oil market needed the latest super-sized supply increase that OPEC+ announced at the weekend, the United Arab Emirates energy minister said, offering one of the first public justifications for the surprise hike.

The Wall Street Journal on MSN · 2d

Oil Ticks Lower as Traders Weigh U.S. Tariffs, OPEC+ Supply Hikes

Crude futures edged lower after gaining the the previous session, as investors weigh renewed U.S. tariff threats and the OPEC+ output hike.

1don MSN

Oil rises on Red Sea attacks, copper tariff concerns, lower US production

Oil prices climbed on Wednesday, maintaining their highest levels since June 23, lifted by attacks on shipping in the Red Sea ...

Oil and Natural Gas Technical Analysis: Volatility Rises on OPEC+ Output and Trade Tensions

WTI crude oil is rebounding from its long-term support at $66, while natural gas prices are consolidating within the ...

Crude Oil Rises Incrementally, Aided By Gasoline Demand Data

Crude oil price moved a little higher on Wednesday, supported by EIA data supporting strong gasoline demand.WTI Crude Oil for August delivery inched up by $0.05 to settle ...

IPPMEDIA9h

Local participation in Oil and Gas sector rises to 85 pct, PURA reports

TANZANIA has made major strides in enhancing local participation in the oil and gas industry, with the Petroleum Upstream ...

Saudi Gazette on MSN6h

Saudi: GASTAT: Industrial Production Index rises by 1.5% in May

The sub-index of mining and quarrying activity increased by 2.1 percent compared to the same month of the previous year ...

Nairametrics1d

Nigeria’s oil rig count rises to 46 in July 2025 – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a significant rise in the nation’s oil rig count, increasing from ...

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Oil Ticks Lower