-
OPEC+ Weighs Emergency Output Hike Amid Fears of Potential US Strike on Iran
25 Feb 2026 19:57 GMT
… PM
The OPEC+ alliance is considering a modest increase in oil production for … aimed at stabilizing global oil prices through coordinated output cuts.
However, shifting market … and finalize April output levels.
Sources indicate that the production hike remains …
-
The Commodities Feed: Oil prices gyrate amid Iran uncertainty
25 Feb 2026 15:42 GMT
… on upcoming US-Iran talks
Oil prices weakened yesterday, with ICE … oil from the Permian Basin to the Gulf Coast.
The next OPEC … LME COTR shows that funds cut their net long in copper … 2025. Meanwhile, Ivory Coast cocoa output this season could fall to …
-
Saudi Arabia boosts oil output, sources say
25 Feb 2026 14:53 GMT
Saudi Arabia is increasing its oil production and exports as part of … Arabia, OPEC's biggest producer, has intervened in oil markets for … decades to provide more oil during disruptions or cut output when it felt …
-
Explainer: Three reasons why the CBN cut MPR rates to 26.5%
25 Feb 2026 13:39 GMT
… Monetary Policy Committee voted to cut the benchmark Monetary Policy … This is the second rate cut the CBN will be considering … averaged $63 – $65 according to OPEC and CBN data.
Reason 3 … the external reserve from crude oil export receipts, agricultural and …
-
Oil Prices Gyrate Amid Iran Uncertainty
25 Feb 2026 09:20 GMT
… on Upcoming US-Iran Talks
Oil prices weakened yesterday, with ICE … oil from the Permian Basin to the Gulf Coast.
The next OPEC … LME COTR shows that funds cut their net long in copper … 2025. Meanwhile, Ivory Coast cocoa output this season could fall to …
-
Chevron sells oil to Reliance for first time since 2023 as Venezuela readies larger cargoes for export
25 Feb 2026 04:20 GMT
… barrels of oil each, is expected to cut transportation costs … preparing to boost Venezuelan oil processing at their refineries, … will exclusively transport Venezuelan oil in the contract period. … been exporting the OPEC country's oil under individual U …
-
Oil analysts say there is a supply glut — why that hasn’t translated to lower prices this year
25 Feb 2026 03:05 GMT
… glut widened.
Instead, oil prices have seen an … has estimated that the oil market would be oversupplied … OPEC+, spent much of 2025 unwinding production cuts. In the Americas, US shale production … increasing freight costs for oil products moving between Europe …
-
Oil near 7-month high on US-Iran tensions
25 Feb 2026 01:33 GMT
… climate support levies on furnace oil, which would help restore … ;s demand rose after it cut Russian imports.
"VLCC … dark fleet before, increased OPEC+ production and healthy crude demand from … to crude and fuel oil transported in smaller tankers than …
-
Venezuela Readies Larger Oil Cargoes for Export, Targets India
25 Feb 2026 01:21 GMT
… barrels of oil each, is expected to cut transportation costs … preparing to boost Venezuelan oil processing at their refineries, … will exclusively transport Venezuelan oil in the contract period. … been exporting the OPEC country’s oil under individual U. …
-
America Reopens Venezuela’s Oil Future While Reclaiming Global Leadership
24 Feb 2026 23:56 GMT
… dramatic increase in Venezuelan oil, gas, and electricity production--raising wages, creating … energy costs
Reduced leverage for OPEC and hostile regimes
Greater stability … economy:
Unleash private enterprise
Cut through bureaucratic paralysis
Reward allies …