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Flash News List

List of Flash News about oil output

Time Details
2025-02-06
18:35
OPEC+ Agrees to Gradually Raise Oil Output Starting April

According to The Kobeissi Letter, OPEC+ has agreed to gradually increase oil output starting in April, following discussions potentially influenced by President Trump's call for increased production. This decision could impact oil and gas prices, with the possibility of gas prices dropping if oil prices fall below $60. This is a significant development for traders monitoring commodity prices and energy stocks.

Source
2025-02-06
18:35
OPEC+ to Gradually Increase Oil Output Starting April

According to The Kobeissi Letter, OPEC+ has agreed to gradually increase oil output starting in April. This decision follows discussions regarding President Trump's call for increased production. The move could potentially impact oil prices, potentially driving them below $60, which in turn may lead to gas prices dropping towards $2.50 for the first time in years.

Source