Business ❯Economics ❯Market Dynamics ❯Supply and Demand

Oil Prices

OPEC+ Accelerates August Supply Increase to 548,000 bpd as Oil Prices Hold in High-$60s

Tight inventories have absorbed OPEC+’s accelerated output increase, with geopolitical risks plus looming US tariffs underpinning oil prices.

OPEC+ Approves Unprecedented 548,000 BPD August Output Hike

OPEC+ Quota Hikes Fail to Spur Expected Output Rise

Oil Prices Climb as Alberta Wildfires and Geopolitical Risks Offset OPEC+ Production Hikes