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OPEC+ will finally boost oil production

OPEC+ will finally boost oil production after failing to raise prices by throttling supply

Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower prices.

MarketWatch on MSN · 3h

OPEC+ plan to lift output pulls Brent oil to lowest price since September

Oil futures fell Tuesday, building on losses seen the previous session after the Organization of the Petroleum Exporting Countries and its allies said they would proceed with plans to unwind some production curbs in April.

The New York Times · 21h

Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production

Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans to gradually increase crude production beginning in April.

US Orders Wind Down of Chevron's Oil Exports From Venezuela

Hosted on MSN · 2h

US orders wind down of Chevron's oil exports from Venezuela in 30 days

U.S. President Donald Trump's administration said on Tuesday it is ending a license that it had granted to U.S. oil producer Chevron since 2022 to operate in Venezuela and export its oil, after Washington accused President Nicolas Maduro of not making progress on electoral reforms and migrant returns.

Bloomberg on MSN · 1h

US Gives Chevron 30 Days to Close in Venezuela, Squeezing Maduro

The Trump administration is giving Chevron Corp. one month to stop producing oil in Venezuela, delivering a heavy blow to Nicolas Maduro’s autocratic regime.

Miami Herald on MSN · 2h

Trump administration gives Chevron just one month to end oil operations in Venezuela

The Trump administration formally revoked on Tuesday the license that allows oil giant Chevron Corp. to sell Venezuelan oil in the United States, giving the U.S. company only 30 days to wind down its operations in the South American country.

Saudi Oil Giant Aramco Reports $106 Billion Profit in 2024

The Associated Press on MSN · 13h

Saudi Oil Giant Aramco Reports $106 Billion Profit in 2024, Down 12% on Lower Energy Prices

Saudi Arabia’s state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12% from the prior year on lower energy prices

Business Insider · 3h

Saudi Aramco Cuts Dividend 30% as Oil Profits Plunge

Oil giant Saudi Aramco, which is majority owned by the Saudi Arabia government, has announced that it is cutting its dividend payout this year

The Financial Times · 11h

Saudi Aramco profits fall 12% as oil prices drop

Saudi Aramco’s net income for the year was $106.25bn, compared with $121bn in 2023 as energy prices fell. It said it would pay a total dividend of just over $85bn, compared with $124bn in the previous year.

Talks to Resume Kurdish Oil Exports Postponed to Thursday After Financial Disputes

The meeting was called after repeated statements by Iraqi oil minister Hayan Abdel-Ghani and his government said that the ...

How much crude oil does the US import by country?

U.S. President Donald Trump's new 25% tariffs on imports from Mexico and a 10% tariff on Canadian energy took effect on Tuesday, along with a doubling of duties on Chinese goods to 20%, sparking trade ...

1hon MSN

Oil Outlook Clouded by OPEC+ Output, Trade Tariff Risks

Higher-than-expected supply and a potential demand hit due to softer U.S. activity and escalating tariffs pose downside risks ...

3hon MSN

Canadian official, who threatened to shut off oil to US, fires back after Trump’s tariffs

After President Trump implemented 25 percent blanket tariffs on Canada, Justin Trudeau retaliated with targeted tariffs on US ...

Kurdish oil export talks between Iraq and oil companies postponed after financial disputes

Talks to speed a resumption in oil exports from Iraq’s semi-autonomous Kurdistan region have been delayed until Thursday ...

2hon MSN

The flow of oil from Russia to the Czech Republic is interrupted again

Oil deliveries to the Czech Republic from Russia through the Druhzba pipeline have been halted, the state company operating ...

1hon MSN

Migrants rescued after several days stranded on oil platform

Thirty-two migrants attempting to cross the Mediterranean have been rescued by an NGO ship after spending several days ...

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OPEC+ will finally boost oil production

US Orders Wind Down of Chevron's Oil Exports From Venezuela

Saudi Oil Giant Aramco Reports $106 Billion Profit in 2024

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