OPEC+ to consider another accelerated oil output increase for June: Reuters

OPEC+ to consider another accelerated oil output increase for June

Several OPEC+ members will suggest accelerating oil output hikes in June for a second consecutive month, three sources familiar with the matter told Reuters.

OPEC+ to consider another accelerated oil output increase for June, sources say

Eight OPEC+ countries will meet on May 5 to decide the June output plan

Oil falls 2% after sources say Opec+ to mull accelerating output

Oil prices slipped 2 per cent on Wednesday (Apr 23) as sources said Opec+ would consider accelerating its oil output increases in June, but losses were curbed following a report that US President Donald Trump may cut tariffs on Chinese imports.

Oil prices, which were green at the beginning of the day, ended on Wednesday at a downward rate, weighed down by press reports that several Opep+ members had suggested increasing their oil production in June. AFP The price of the North Sea Brent crude barrel for delivery in June dropped by 1.96%, to $66.12. Its US equivalent, the West Texas Intermediate, for delivery in May, on the first day used as a reference contract, dropped by 2.20%, to $62…

The oil declines, undermined by press reports on Opep+ Admin FCE 23 Apr 2025 - 21:03 The oil prices, which were changing in the green at the beginning of the session on Wednesday, finally ended in half-mast, with press reports according to which several members of the Opep+ suggested to increase their oil production more than expected in June.The price of the Brent barrel of the North Sea, for delivery in June, fell from 1.96% to 66.12 dollars.H…

Oil prices fall nearly 2%, sources say OPEC+ to consider accelerating oil output – Oil & Gas 360

(Investing) – HOUSTON -Oil prices fell almost 2% on Wednesday as sources said OPEC+ would consider accelerating its oil output increases in June, but losses were curbed following a report that U.S. President Donald Trump may cut tariffs on Chinese imports. Brent crude futures were down $1.13, or 1.68%, at $66.31 by 12:31 p.m. EDT (1631 GMT) while U.S. West Texas Intermediate crude lost $1.21, or 1.9%, to $62.46. Several OPEC+ members will suggest