📡 Live on Telegram · Morning Barrel, price alerts & breaking energy news — free. Join @OilMarketCapHQ →
LIVE
BRENT CRUDE $100.21 +0.71 (+0.71%) WTI CRUDE $96.60 +0.25 (+0.26%) NAT GAS $3.02 -0.14 (-4.44%) GASOLINE $3.35 +0.08 (+2.44%) HEAT OIL $3.77 +0.05 (+1.34%) MICRO WTI $96.60 +0.25 (+0.26%) TTF GAS $48.68 -0.73 (-1.48%) E-MINI CRUDE $96.60 +0.25 (+0.26%) PALLADIUM $1,360.30 -25.6 (-1.85%) PLATINUM $1,939.70 -25.1 (-1.28%) BRENT CRUDE $100.21 +0.71 (+0.71%) WTI CRUDE $96.60 +0.25 (+0.26%) NAT GAS $3.02 -0.14 (-4.44%) GASOLINE $3.35 +0.08 (+2.44%) HEAT OIL $3.77 +0.05 (+1.34%) MICRO WTI $96.60 +0.25 (+0.26%) TTF GAS $48.68 -0.73 (-1.48%) E-MINI CRUDE $96.60 +0.25 (+0.26%) PALLADIUM $1,360.30 -25.6 (-1.85%) PLATINUM $1,939.70 -25.1 (-1.28%)
OPEC Announcements

OPEC+ Bigger Output Hike: Oil Supply Surges, Pressures Prices

OMC Editorial Desk 1 year ago 1 min read

Investors in crude oil markets received a significant jolt this weekend as OPEC+ announced a much larger-than-anticipated production increase for June. In a pivotal virtual meeting, key oil-producing nations, spearheaded by Saudi Arabia and Russia, committed to collectively boosting output by a substantial 411,000 barrels per day (bpd). This figure represents nearly triple the volume originally slated

Read Next

Russian Refinery Hit: 300K Bpd Capacity Offline

1 day ago

Pakistan Seeks Gulf Crude Storage Investment

1 day ago

EU Signals Sustained Energy Price Strength Thru 2027

1 day ago
OilMarketCap provides market data and news for informational purposes only. Nothing on this site constitutes financial, investment, or trading advice. Always consult a qualified professional before making investment decisions.