The latest downturn follows increased tariff disputes and supply adjustments by OPEC+, which plans to increase production from April but remains flexible to market shifts. Meanwhile, U.S. crude ...

Moreover, OPEC+ supply changes are adding another layer of pressure to oil prices. Saudi Arabia has adjusted its official selling prices (OSPs) for April, cutting prices across most markets ...

They also are closely monitoring OPEC+ plans. The producer group has announced plans to increase output in April. A scaling back of U.S. tariffs would ease fears of inflation and economic ...

Oil prices held steady on Monday as concern over the impact of US import tariffs on global economic growth and fuel demand, as well as rising output from OPEC+ producers, cooled investor appetite for ...

Oil prices held steady on Monday as concern over the impact of US import tariffs on global economic growth and fuel demand, as well as rising output from OPEC+ producers, cooled investor appetite ...

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have decided to proceed with a planned oil output increase in April. According to Reuters on March 3, the decision ...

Increased output from OPEC+ also contributed to the bearish sentiment. Brent crude slipped 0.4% to $70.11 per barrel, while U.S. West Texas Intermediate (WTI) fell 0.4% to $66.76. WTI posted its ...

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Oil prices fell on Monday over the impact of U.S. import tariffs on global economic growth and fuel demand, as well as rising output from OPEC+ producers. Brent crude fell 6 cents to $70.30 a ...

Oil prices rise as Russia’s Novak hints OPEC+ may reverse April output increase, but weekly decline persists amid US policy concerns. Oil prices extended gains on Friday buoyed by the suggestion by ...

“OPEC+ production increase has largely been on expected lines, and so was the market reaction. The oil market remains fundamentally weak, and the latest OPEC+ increase adds to that,” said ...

Oil prices extended gains on Friday, rising more than $1 a barrel, after Russia's Deputy Prime Minister Alexander Novak said OPEC+ may reverse its oil output hike after April if needed. Oil prices ...