17:30
U.S. tariffs

Kuwait: OPEC monitors U.S. stance, oil demand

Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.

12:30
OPEC+

OPEC+ agrees to increase oil production by 547,000 barrels

OPEC+ will increase oil production by 547,000 barrels per day in September after eight members of the organisation held a brief virtual meeting on Sunday. They said the company will continue to accelerate its output hikes to regain market share.

11:02
ENERGY

OPEC+ sticks to oil policy, ditches US government data

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's Energy Information Administration from the sources used to monitor its production and adherence to supply pacts.

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