OPEC

4 articles tagged with this topic

Brent slips below eighty-seven as OPEC-plus Vienna draft circulates with modest cut scenarios

Brent crude slipped below $87 per barrel Tuesday afternoon as OPEC-plus pre-meeting drafts circulated with modest cut scenarios rather than the steeper interventions some analysts had projected.

5 min read

OPEC+ Agrees 1.5 Million Barrel Production Hike in Vienna, Easing Brent From War Peak

OPEC+ ministers meeting in emergency session in Vienna agreed Tuesday to add roughly 1.5 million barrels a day to global supply over the coming six weeks, the alliance's largest coordinated production response since the pandemic and a direct intervention in the Iran war's grip on energy markets.

4 min read

Brent eases as traders position for OPEC+ Vienna emergency decision

Crude futures slipped in early trading Wednesday as traders braced for an emergency OPEC+ session in Vienna expected to authorize a sizable production hike, while equity index futures clawed back a sliver of last week's losses.

5 min read

OPEC+ to Hold Emergency Session in Vienna Tuesday as Brent Crude Tops $125

OPEC+ called an emergency Vienna meeting for Tuesday after Brent crude pushed past $125 in early Asian trade Sunday, with Saudi Arabia and the UAE weighing coordinated production increases amid the widening Iran conflict.

5 min read