#opec
Latest news and interesting information about opec.
Norway stocks rise at close
Norway stocks closed higher Thursday; Oslo OBX up 0.33%. Gainers: Kongsberg Gruppen, TGS NOPEC, Subsea 7. Losers: Hafnia, Frontline, Hoegh Autoliners.
India replaces Middle East oil with Latin America, Africa
India replaces Middle East oil with Latin American and African crude after Hormuz disruption. Russia remains top supplier.
OPEC+ to raise July oil output by 188,000 bpd
OPEC+ set to raise July oil output by 188,000 barrels per day at June 7 meeting. Impact of UAE exit and Iran war.
Trump birthday triggers stock sell-off signals
Bank of America strategists flagged Trump's birthday among June catalysts for stock sell-offs.
Oil prices rise as Iraq's Hormuz exports collapse
Iraq's Hormuz oil exports collapse in April, sending oil prices higher. Brent at $83.80, WTI at $79.50.
OPEC+ Plans Oil Quota Increases Through September
OPEC+ plans oil quota increases through September to restore production cuts, but Iran war blocks actual supply hikes.
OPEC+ Agrees to Boost Output by 188,000 bpd: A Move to Restore Market Confidence
OPEC+ agrees to raise oil output by 188,000 bpd in June, addressing supply worries after UAE exit and Iran conflict. Explore market impact and price trends.
Seven OPEC+ Nations Agree to Boost Oil Output: New Ceiling Set for June
Seven OPEC+ countries, including Saudi Arabia and Russia, agree to increase oil production limits by 188,000 bpd in June. Details on quotas and market impact.
Oil Prices Surpass $126: Brent Crude Hits New High Since March 2022
Brent crude oil prices exceeded $126 per barrel, the highest since March 2022, amid supply cuts and geopolitical tensions. Stay updated on oil market trends.
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